Apple Savings APY hits record low of 3.50% in first 2026 cut‎

Apple Card users are seeing returns shrink once more as Apple Savings lowers its APY following continued rate pressure from the Federal Reserve.Apple Savings sees yet another APY decreaseOn Thursday, Apple advised customers of a 0.15% annual percentage yield (APY) decrease on Apple Savings accounts. Before this drop, the Apple Savings APY was 3.65%, a rate set in May 2025.This decrease affects all Apple Savings customers. It comes after the Federal Reserve reduced its rates in December 2025. Continue Reading on AppleInsider | Discuss on our Forums