Apple Savings APY increases from 4.15% to 4.25%

Apple Card customers' Apple Savings account can now grow at an increased 4.25% APY, but the higher rate is still behind the competition.Apple Savings APY increaseApple Savings launched with a competitive 4.15% annual percentage yield (APY) but failed to increase to stay competitive. Wednesday's increase to 4.25% doesn't bring it up to par with competitors, but at least it's a move in the right direction.Apple Savings account holders received a notification late Wednesday stating that their APY had increased to 4.25% from 4.15%. It is the first increase in the service's eight months on the market. Continue Reading on AppleInsider | Discuss on our Forums