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A comment on Apple Card’s new high-yield Savings account is now available, offering a 4.15 p. Parent comment

Re:Apple Card’s new high-yield Savings account is now availa... by shmatt on Monday April 17, 2023 @11:29AM (#35602246)
this is a quick link https://www.statista.com/statistics/1098129/credit-cards-and...

adoption across countries https://www.statista.com/statistics/968220/credit-card-owner...

your link seems to be confusing debit cards with credit cards

Apple card is not a debit card, which is widely used in Europe, with much less credit card/debt normalized vs. the US

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Re:Apple Card’s new high-yield Savings account is now availa... by phh on Monday April 17, 2023 @12:42PM (#35603253)
Ah thanks, that indeed clears up my confusion.

I don't understand how is that relevant to savings or Apple Card though? I mean sure Apple Card is currently a credit card, but I don't think that's relevant? In France most banks just give the customer the choice between credit and debit cards, and we just mostly prefer debit cards. Apple could probably just do that as well.

That being said, I guess the reason there is no Apple Card in Europe, is that you can't make 2%+ markup on card payments.

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