Apple Delays Daily Cash Savings Account for Apple Card Users
Apple has delayed a new feature that will provide Apple Card users with the option to have their Daily Cash earnings deposited into a high-yield savings account.

During the iOS 16.1 beta testing process, the feature was mentioned as a new Wallet app addition in the release notes for the Release Candidate version of the update, but in the notes for the final version of iOS 16.1, the mention is missing.
"Savings account enables Apple Card customers to grow their Daily Cash by depositing it in a high yield savings account," read the RC release notes.
Apple announced plans for the Apple Card savings account in mid-October, and while the company did not provide specific information on a launch date in the announcement other than suggesting it would be available "in the coming months," it was believed that the savings account would launch alongside iOS 16.1 given the mention in the RC notes for the update.
With no sign of the feature in iOS 16.1, it will now be coming at a later date. When Apple does implement the Apple Card savings account, it will have no minimum fees, no minimum deposits, and no minimum balance requirements. Apple will offer the account through Apple Card partner Goldman Sachs, but Apple has not yet said what the interest rate will be.
Apple Card users will be able to manage their savings accounts through the Wallet app, and once set up, all Daily Cash will be automatically deposited.
Popular Stories
While the iPhone 17 Pro and iPhone 17 Pro Max are not expected to launch until September, there are already plenty of rumors about the devices.
Below, we recap key changes rumored for the iPhone 17 Pro models as of March 2025:
Aluminum frame: iPhone 17 Pro models are rumored to have an aluminum frame, whereas the iPhone 15 Pro and iPhone 16 Pro models have a titanium frame, and the iPhone ...
With the second release candidate of iOS 18.4 that Apple seeded out today, the company finally provided us with release notes that give a full rundown on what to expect.
There's an Apple Vision Pro app, new Apple Intelligence features for notifications and additional language support, plus an Apple News Food feature for Apple News+ subscribers, and several updates that should improve the...
Apple is reportedly working on a new Magic Mouse. Below, we recap what to expect.
The two key rumors for the Magic Mouse 3 so far include a relocated charging port, along with a more ergonomic design.
It was briefly rumored that the Magic Mouse 3 would also feature voice control, but that was misinterpreted information.
Relocated Charging Port
While the Magic Mouse switched from...
We've been hearing rumors about a foldable iPhone for almost a decade now, but it looks like we might finally see the device come to fruition in 2026. We're going to be waiting many more months for the foldable iPhone, but so far we're hearing good things.
Apple wants to make it creaseless. It's taken Apple multiple years to design a foldable iPhone that it's satisfied with because Apple ...
Apple's big developer event is a little over two months away, and rumors about what we can expect to see in Apple's next major operating system updates are becoming increasingly frequent.
A public release of iOS 18.4 is also imminent with a number of updates and improvements, although we won't be getting the major Apple Intelligence Siri upgrades that had reportedly been planned for this...
Multiple sources have claimed that iOS 19 will introduce a new design with more translucent buttons, menus, notification banners, and more, and there is now another clue that points towards this glass-like appearance.
Bloomberg's Mark Gurman today said the new design project is codenamed "Solarium" internally. A solarium is a room with glass walls that allow in plenty of sunlight, so this...
In the mid-to-late 2000s, Facebook was all about staying connected with friends and family. However, as the social media platform added new features and grew over time, that core experience began to get drowned out.
That changes starting now, according to Meta, which today introduced a new feature that will "bring back the joy" of classic Facebook.
Specifically, Meta has redesigned the...
Apple's upcoming "iPhone Fold" will feature a foldable screen with a 4:3 aspect ratio, according to a Chinese leaker who previously leaked the book-style device's display dimensions.
The Weibo-based account Digital Chat Station claims that Apple will adopt a "roughly" 4:3 aspect ratio on the inner display in order to achieve consistency between the outer display, as well as to ensure parity...