Apple and Goldman Sachs Don’t Trust Their New Banking Customers

The absurdity of that is layered and nuanced, like a souffle of clumsy, anti-customer banking practices. One set off for such a financial institution safety evaluate, you see, is making a big deposit into a brand new account. However Apple has been closely advertising and marketing the above-average rate of interest on its financial savings service (4.15%), so it shouldn’t be a shock persons are depositing massive quantities – which can be sort of what regular individuals do with a financial savings account already? And the financial savings service was solely launched a couple of weeks in the past, so all the accounts are new.