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Apple (AAPL) said Monday that it is launching high-yield savings accounts for Apple Card holders in partnership with Goldman Sachs (GS), marking the tech company's latest foray into payments. The ...
Axos Bank offers an FDIC-insured, high-yield online savings account. You can earn up to 0.61% APY on your money, regardless of the starting balance. You do need $250 to open the account, however ...
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On April 17, 2023, Apple began offering a high-yield savings account backed by Goldman Sachs to Apple Card users. [14] The Wall Street Journal reported in June 2023 that Goldman Sachs had entered into discussions with American Express to explore the possibility that American Express might take over the partnership, replacing Goldman. [15]
The Goldman Sachs Group, Inc. (/ s æ k s / SAKS) is an American multinational investment bank and financial services company. Founded in 1869, Goldman Sachs is headquartered in Lower Manhattan in New York City, with regional headquarters in many international financial centers. [1]
In fact, more than 8.5 million customers signed up for OSAs with leading U.S. banks in 2005 alone, and some industry experts estimated the online savings account market would triple in size, from $250 billion to $400 billion by 2010. [1] [2]
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