RE: Instructions on how to set up Apple Card high-yield savings account

2023-04-21 Thread Alan Lemly 
Well, that sucks and I wish I could convince Apple to make the Apple Card 
available everywhere. I will, in the future, make sure if I post anything about 
the Apple Card to include a disclaimer line that it does not apply to non-USA 
subscribers.

 

Alan Lemly

 

From: viphone@googlegroups.com  On Behalf Of Sieghard 
Weitzel
Sent: Friday, April 21, 2023 1:41 AM
To: viphone@googlegroups.com
Subject: RE: Instructions on how to set up Apple Card high-yield savings account

 

Not at this point:

 

Another year has gone by without Apple expanding Apple Card availability 
outside the US

Tom Sykes

POSTED ON 01/01/2023

 

Another 12 months have gone by without Apple expanding Apple Card availability 
outside the US, over three years after the service first launched in August 
2019. Apple Card, created in partnership with investment banking company 
Goldman Sachs, allows users to track spending and help manage bills within the 
Wallet app on iOS – completely fee-free, and with lower interest rates compared 
to traditional banks.

Users can make purchases using their Apple Card with Apple Pay on their iPhone, 
iPad, Apple Watch, and Mac, or with the optional titanium Apple Card banking 
card, which features no printed card number or security code, making it the 
world’s most secure credit card.

Since its launch, Apple has kept Apple Card exclusive to customers in the US, 
although at one point there were rumors that an international expansion was on 
the table after 

Apple acquired Credit Kudos, a UK open banking startup earlier this year, 
suggesting the service could arrive in the UK, as well as the iPhone maker 
receiving trademark approval for the name Apple Card in Canada in 2021, 
although nothing ever came of the two developments.

The credit card industry works differently in the US than the rest of the 
world. The fees companies charge to merchants whenever they take a card payment 
are relatively low elsewhere compared to the US, making it hard for Apple to 
offer the same Apple Card perks that it does in the US, such as Daily Cash 
back. With there being no expansion to the availability of Apple Card over the 
past three years, it seems like at least for now, Apple is happy with having 
the service limited to users in the United States. There is no word from Apple 
on if an international expansion is planned, but many users are hoping that the 
New Year sees the iPhone maker expand the availability of the service beyond 
Apple’s home country.

 

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RE: Instructions on how to set up Apple Card high-yield savings account

2023-04-20 Thread Sieghard Weitzel 
Not at this point:

Another year has gone by without Apple expanding Apple Card availability 
outside the US
Tom Sykes
POSTED ON 01/01/2023

Another 12 months have gone by without Apple expanding Apple Card availability 
outside the US, over three years after the service first launched in August 
2019. Apple Card, created in partnership with investment banking company 
Goldman Sachs, allows users to track spending and help manage bills within the 
Wallet app on iOS – completely fee-free, and with lower interest rates compared 
to traditional banks.
Users can make purchases using their Apple Card with Apple Pay on their iPhone, 
iPad, Apple Watch, and Mac, or with the optional titanium Apple Card banking 
card, which features no printed card number or security code, making it the 
world’s most secure credit card.
Since its launch, Apple has kept Apple Card exclusive to customers in the US, 
although at one point there were rumors that an international expansion was on 
the table after
Apple acquired Credit Kudos, a UK open banking startup earlier this year, 
suggesting the service could arrive in the UK, as well as the iPhone maker 
receiving trademark approval for the name Apple Card in Canada in 2021, 
although nothing ever came of the two developments.
The credit card industry works differently in the US than the rest of the 
world. The fees companies charge to merchants whenever they take a card payment 
are relatively low elsewhere compared to the US, making it hard for Apple to 
offer the same Apple Card perks that it does in the US, such as Daily Cash 
back. With there being no expansion to the availability of Apple Card over the 
past three years, it seems like at least for now, Apple is happy with having 
the service limited to users in the United States. There is no word from Apple 
on if an international expansion is planned, but many users are hoping that the 
New Year sees the iPhone maker expand the availability of the service beyond 
Apple’s home country.

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caraqu...@caraquinn.com

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Re: Instructions on how to set up Apple Card high-yield savings account

2023-04-20 Thread Alan Lemly 
Hi Sieghard, Thanks for that clarification. I wasn't sure whether the savings account was a US only thing or not. Is the Apple Card itself available for those not in the USA? Alan Lemly Sent from my iPhoneOn Apr 20, 2023, at 11:49 AM, Sieghard Weitzel  wrote:







And just to emphasize it, this only applies to people in the United States.
 


From: viphone@googlegroups.com 
On Behalf Of Alan Lemly
Sent: Thursday, April 20, 2023 7:34 AM
To: viphone@googlegroups.com
Subject: Instructions on how to set up Apple Card high-yield savings account


 
Goldman Sachs Bank which issues the Apple Card began offering a high-yield Apple Card savings account yesterday 4/19/23. According to the below website, this account is currently paying a 4.15% APR or APY depending on your acronym of choice:
 
https://nr.apple.com/DH9l5p5Ab0
 
You can read about how any Apple Cash earned with your Apple Card is automatically deposited in this account at the above site. I thought the site was a bit lax in providing specific instructions on how to set up one of these accounts so
 I’m posting that below:
 


Open the Wallet app on your iPhone or iOS device and tap on “Apple Card.”
Tap the More button, then tap “Daily Cash.”
Tap “Set Up” next to “Savings,” and follow the onscreen instructions to the savings account application.
 
For those who already have Apple Cards, setting up this account took about 2 minutes. When following the above instructions, you have to provide your Social Security or taxpayer ID number and confirm that you are not subject to IRS backup
 income tax withholding. More than likely, you already have a bank account attached to your Apple Card for paying it off and transferring funds between this external bank account and the high-yield savings account is very easy.
 
I hope the above information is helpful to anyone interested in this savings account.
 
Alan Lemly
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RE: Instructions on how to set up Apple Card high-yield savings account

2023-04-20 Thread Sieghard Weitzel 
And just to emphasize it, this only applies to people in the United States.

From: viphone@googlegroups.com  On Behalf Of Alan 
Lemly
Sent: Thursday, April 20, 2023 7:34 AM
To: viphone@googlegroups.com
Subject: Instructions on how to set up Apple Card high-yield savings account

Goldman Sachs Bank which issues the Apple Card began offering a high-yield 
Apple Card savings account yesterday 4/19/23. According to the below website, 
this account is currently paying a 4.15% APR or APY depending on your acronym 
of choice:

https://nr.apple.com/DH9l5p5Ab0

You can read about how any Apple Cash earned with your Apple Card is 
automatically deposited in this account at the above site. I thought the site 
was a bit lax in providing specific instructions on how to set up one of these 
accounts so I’m posting that below:


  1.  Open the Wallet app on your iPhone or iOS device and tap on “Apple Card.”
  2.  Tap the More button, then tap “Daily Cash.”
  3.  Tap “Set Up” next to “Savings,” and follow the onscreen instructions to 
the savings account application.

For those who already have Apple Cards, setting up this account took about 2 
minutes. When following the above instructions, you have to provide your Social 
Security or taxpayer ID number and confirm that you are not subject to IRS 
backup income tax withholding. More than likely, you already have a bank 
account attached to your Apple Card for paying it off and transferring funds 
between this external bank account and the high-yield savings account is very 
easy.

I hope the above information is helpful to anyone interested in this savings 
account.

Alan Lemly
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