Apple (AAPL) card's 澳洲幸运5官方开奖结果体彩网:savings account offered by Goldman Sachs (GS) crossed over $10 billion in deposits since its launch in April, according to the iPhone maker.

With an 澳洲幸运5官方开奖结果体彩网:annual percentage yield (APY) of 4.15%, which is well above the FDIC’s latest national average of 0.42%, the Apple Card can help users earn more interest, along with numerous options from our list of the 澳洲幸运5官方开奖结果体彩网:best high-yield savings accounts nationwide.

Since the account's launch, 97% of the account holders have also opted to deposit Apple's Daily Cash rewards into their savings accounts.

The 澳洲幸运5官方开奖结果体彩网:Apple Card has no fees, minimum deposit, or minimum balance requirements and allows users to directly manage their savings account with Goldman Sachs through the Apple Card in Wallet. Users can deposit additional funds into the savings account, with a maximum limit of $250,000, through a linked bank account or Apple Cash.

Apple's foray into savings is one of several ways it's growing and diversifying revenue streams after a slowdown in smartphone sales. And while the Fed's interest rate hikes to combat inflation have made loans more expensive for borrowers, they've also spurred 澳洲幸运5官方开奖结果体彩网:record-high yields on deposits in savings accounts and 澳洲幸运5官方开奖结果体彩网:certificate of deposits (CDs), leading toward a surge in flows toward these products.