What the Tech: Should you allow Apple to handle your savings?
Apple has raised the interest rate on savings accounts to 4.5%. Is it a good idea to open an account? What are the downsides?
Nicki Minaj and President Donald Trump stand on stage together during an event for “Trump Accounts” at Carnegie Mellon Auditorium, Wednesday, Jan. 28, 2026, in Washington. (AP Photo/Jose Luis Magana) Rapper Nicki Minaj joined President Trump on stage as he announced his “Trump Accounts,” which are designed to help parents invest money for their children. As a continuation of President Trump…
Apple has raised the interest rate on savings accounts to 4.5%. Is it a good idea to open an account? What are the downsides?
Here’s what else you need to know before opening a savings account through Apple.