After two drops in 2026, Apple Card Savings has raised its interest rate slightly, with customers now earning an annual percentage yield of 3.5%.
The Apple Card Savings Account is a high-yield savings service for users of Apple Card. While the average percentage yield has been going down over the last few quarters, it's finally corrected course and gone up a small amount.
On September 22, the APY rate increased from 3.4% to 3.5%. The change means that a customer who keeps $1,000 in their Apple Card Savings account for a year will now gain $35 in interest rather than $34.
The change is a positive one, considering the 3.4% was a record low, and that the account had two cuts in 2026 alone. In April 2026, there was a 0.15% cut of the APY from 3.65% to 3.5%, followed by a second in June to 3.4%.
Though it is far from the 4.15% APY that the account had at launch in 2023, or the all-time high of 4.5% from January 2024, it's still good news to customers.
As usual, Apple Savings users do not need to make any changes to the account, as the new rate is applied automatically.
