Tim Cook: Apple Card savings account is ‘incredible’ and offers ‘a healthier financial life’

In recent weeks, owners of an Apple Card can have a savings account with a rate of 4.15%, which is 10 times more than the average in the United States according to Apple. And if we are to believe Tim Cook, the novelty is great.

It was during the call following the release of the financial results that Tim Cook touted the Apple Card savings account:

With regard to the savings account in particular, we are very satisfied with the initial reaction. She was amazing.

Reactions to Apple Pay Later and savings products have been very positive. We believe they both help customers live a better or healthier financial life. So we are very excited about the first days of these two products.

Forbes recently revealed that around 240,000 savings accounts were opened with the Apple Card in the first few days. This translated to $990 million in deposits within the first four days of launch. Neither Tim Cook nor Apple have confirmed (or denied) the information.

This savings account system with the Apple Card is only available in the United States. Apple is working with Goldman Sachs bank. Can we expect availability in other countries? The Apple Card should already be available elsewhere…