Cash App takes on Apple with a 4.5% APY for savings accounts (with direct deposit)

finangel · February 16, 2024, 5:20am

Originally published at: Cash App takes on Apple with a 4.5% APY for savings accounts (with direct deposit) – We Never See Nothing

Apple’s recent move to boost the interest rate for its Apple Card Savings Account to 4.5% is now prompting a competitor to do the same. Cash App today announced it will now offer “up to” a 4.5% APY (annual percentage yield) for its Cash App Savings customers, with a few caveats. While Apple’s Savings account […]