Apple Savings Account May Bite Into Big Banks

As Apple launches a new savings account for Apple Card holders, we look at the company’s growing financial products and the state of Apple Pay today. Big banks may have reasons to be worried about Apple’s finance moves — but Apple hasn’t conquered the wallet just yet.

0:00 Apple Announces Savings Accounts
1:29 Apple Pay's Growing Pains
3:32 Banks Aren't Big Fans of Apple Pay
4:07 How Apple Savings Accounts Work
5:10 Making Apple Card More Appealing
6:27 Apple Pay Later Joins the Team
7:13 Apple Pay Still Has Some Kinks

Read the CNET article:
Is Apple's High-Yield Savings Account Worth It? See How It Compares
https://www.cnet.com/personal-finance/banking/is-apples-high-yield-savings-account-worth-it-see-how-it-compares/

Subscribe to CNET: https://www.youtube.com/user/CNETTV
Never miss a deal again! See CNET’s browser extension ???? https://bit.ly/3lO7sOU
Follow us on TikTok: https://www.tiktok.com/@cnetdotcom
Follow us on Instagram: https://www.instagram.com/cnet/
Follow us on Twitter: https://www.twitter.com/cnet
Like us on Facebook: https://www.facebook.com/cnet

#apple #applenews #applecard