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Apple Savings Account customers allege transfer withdrawal latency

Started by Redaktion, June 04, 2023, 16:22:46

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Redaktion

Apple Savings has reportedly attracted about US$100 million in deposits since launching in the US in April 2023. Now, however, some of its customers have gone public with claims that trying to get their money out of the accounts in question took weeks in some cases, while others claim that their balances never updated following such a transaction. Is the Cupertino giant's consumer 'financial wellness' drive all that healthy?

https://www.notebookcheck.net/Apple-Savings-Account-customers-allege-transfer-withdrawal-latency.723862.0.html

Silent Majority


A

That's considered high yield? I get 4.50% on my savings, no minimum, and no problems withdrawing. People are sure eager to throw away their money.

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