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A comment on Apple, Goldman Sachs Debut Savings Account with 4.15% Annual Yield. Parent comment

Re:Apple, Goldman Sachs Debut Savings Account with 4.15% Ann... by BugsJustFindMe on Monday April 17, 2023 @01:24PM (#35603751)
It is, but the context is that most other savings account in the country have been giving less than 1% for years now, which is unconscionably low.
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Re:Apple, Goldman Sachs Debut Savings Account with 4.15% Ann... by joshuahedlund on Monday April 17, 2023 @01:41PM (#35603987)
Capital One is currently 3.5% and Barclays US is 3.8%
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Re:Apple, Goldman Sachs Debut Savings Account with 4.15% Ann... by WoodenChair on Monday April 17, 2023 @01:46PM (#35604058)
So, this is significantly better.
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Re:Apple, Goldman Sachs Debut Savings Account with 4.15% Ann... by standardUser on Monday April 17, 2023 @01:49PM (#35604092)
It's 0.35% to 0.65% better, until those rates inevitably change.
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Re:Apple, Goldman Sachs Debut Savings Account with 4.15% Ann... by standardUser on Monday April 17, 2023 @01:43PM (#35604010)
That's because interest rates have been historically low for a generation. Now they are climbing, so yields are rising. Nothing conscionable or unconscionable about it.
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Re:Apple, Goldman Sachs Debut Savings Account with 4.15% Ann... by itsoktocry on Monday April 17, 2023 @02:18PM (#35604434)
Inflation rates were unconscionably low. The comments seem to think Apple is doing something revolutionary here. I'm making 4% on my savings accounts now, too. Nothing special here.
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