Apple Savings APY drops to yet another all-time low of 3.75% during economic uncertainty

The Apple Savings APY falls again after a December drop, reaching a new all-time low of 3.75% APY.Apple Savings APY drops againApple launched a high-yield savings account attached to the Apple Card in April 2023 at 4.15% APY. It climbed up to 4.5% by January 2024 and saw its first rate cut in April to 4.4%, then a second cut to 4.25% in September, another to 4.10% in October, and then a drop to 3.90% in December.Apple has begun notifying Apple Savings users of another APY dip late Tuesday night. The 3.90% rate was an all-time low for the high-yield savings account, but it has reached a new low of 3.75%. Continue Reading on AppleInsider | Discuss on our Forums