My Apple's Saving Account Grew! | 4 Month Review | Worth It..?

[@JamesMuldrow]

The card not having visible numbers is a security feature they added! You can still use the card at stores. I hope that was a joke.

[@shockjock35]

The 1-3% cash back and no annual fee is pretty standard for most cards. GS should be able to handle that. I think the billing cycle issue is a tool used to get people to miss paying by the statement closing date. So now they can’t charge interest. It’s possible that they may have either have a ton of people that have defaulted accounts so lose money or they have a ton of people that pay off the card at the end of the month. However I do like that we can roll the cash back into the 4.15% HY Savings account. The user experience in the Apple wallet is the absolute best.

[@justinguarino201]

My Wells Fargo has like 2% cash back, and it has annual fees… lol.

[@zveinz2016]

Our sponsored today......Nobody. I have to subscribe after that one LMFAO

[@gospelsara8658]

tbh me haha

[@DavidGrossNYC]

I don't think you said anything wrong per se. I think you overlooked some things though. The apple card/savings is easy. I don't have to remember which card to use at which location for which rewards. You don't have to manage multiple rewards that may expire. If I don't fly my flyer miles don't go to waste. You can spend a lot of time juggling all the different rewards. With the apple card you just simply pay, the rewards you accrue are cash immediately and so they can be spent on anything. On top of that they go straight into the high yield savings so instead of thinking "how should I spend my rewards?" I think "great more money going into my savings" and I leave it alone, so it not only gets saved, but it also builds interest on top of that. Additionally, having too many credit cards isn't good for your credit score which is very important if you actually do want to try and buy that house you are saving for. Financial stuff is complex (I am far from a financial advisor) and different people have different needs. If someone is flying 1-2 times a month then maybe it pays for them to have a card with flyer rewards. However, if you fly 1-2x a year, eat out some, and do a little bit of a bunch of different things than a generalist card might actually be better for you. The apple card may not be right for you, but it is right for a lot of people. Ease of use and access is not to be underestimated. I am so busy in my life that anything I can setup, not think about and it runs itself is a godsend. All that said I really do enjoy your content in general and while I may have had some things to pick at in this video most of them are spot on!

[@kerrydaniels8460]

You say all that, but most cards don't really have expirations on points or miles. Two, it's easily automated. I have like 3 main cards. Ot's not hard at all and pretty easy to manage. My stuff is on autopay. I literally get way more money from other cards. It's not hard at all to tale two seconds to spend points or get money right away. I $500 more in 3 months from using points than any apple card would be worth. Apple card simply sucks for anyone that actually cares about maximizing their money. Put a little time into setting up your finances and it becomes routine.

[@DavidGrossNYC]

A lot of this is subjective to the person, which I did say in the original post. Yes, if you manage all the cards and keep track of them and redeem the rewards etc you will end up with more. That said, it's not just a matter of setting up auto pay (which I use) it's tracking and using them. No it's not "that much time" but depending on what your life is like that mental load may be something you don't want to deal with. When I was younger (I'm really not that old to be fair) I used to do a lot more maximizing of stuff like this. However as life has become busier it's easy for me to forget or not have the time to worry about paying with the right card and making sure to redeem the rewards etc. (If they don't expire then sure I will eventually redeem them.) Also, you have 3 main cards, not 9 lol. The apple card isn't the only card I use, and I do have 2 additional cards to places that I specifically shop a lot because yes, I get better rewards. But for my everyday purchases they all go through the apple card because there isn't enough value for the time spent having all the cards, especially since you have to keep an eye on all of them for fraud and such. Also, as I mentioned if you have 9 open cards that may impact your credit score. @@kerrydaniels8460

[@Disney_rehab]

In my opinion and for my lifestyle, I'd say the Apple savings sounds like the perfect situation for me. I'm well incorporated into the Appleverse. Have an existing Apple card that I use regularly and receive cash back from regularly. It appears sooo quick and easy to set up as it was setting up the Apple card itself. And why is no one talking about how ridiculously easy it is to chat for customer support! You literally imessage them straight from the wallet and they are available 24/7 and tend to resolve my problem within mins. The APY is great. I have a very basic need for savings. It appears great for anyone with the need for a HYSA looking for something super user friendly. And Apple is a known brand that I trust. I personally see no real cons of this HYSA from my personal standpoint.

[@englishwithaltini]

Very well said and I agree!

[@504cool]

Ya know, “not sponsored” means no affiliate links too 😆. I’m not sponsored by the product I made the video about, however here’s a competing service that I make money from lol. You have a solid channel man, people are going to watch your content. Don’t get caught up in bad “KZbinr” habits.

[@demolajinadu]

First! Rooting for you to get sponsors. Great insights, Dayo.

[@DayoAworunse]

🥇 Sponsors are on the way :)

[@skiparotchi]

I chose to get one because why not save a lil when paying for Apple Music every month already. That’s pretty much all I use mine for. The savings was a + for me

[@AppleHelperITouch]

As someone who uses Apple Pay like, everywhere, I think it’s worth it plus it’s secure and no one can skim your credit card if you decide to swap or insert their chip.

[@JohnnyScumbagg]

Why would the apple credit card be useless because it doesn’t have numbers on it? ITS A CREDIT CARD

[@OkiDingo]

My credit union only gives 1.06% on my money market account, since for me it’s a no brainer to move money to my apple savings account.

[@AaronCLB]

if you had been using the apple card your amount would be higher because of the 1/2/3% cash back tho

[@cagada]

How does the APY get taxed by IRS?

[@JPTulo]

1:00 Are you joking when you say the physical card is useless, or did you just not do any research? Because I use it everytime I can’t pay with my phone. It has a security chip embedded in it and the numbers not being printed on it is a security feature. You can access the numbers from within the Apple Wallet.

[@DayoAworunse]

For 1% yeah it's useless compared to other free cards with way better benefits and rewards

[@JPTulo]

@@DayoAworunse Better than using a debit card, is it not?

[@JPTulo]

@@DayoAworunse Also, the app is convenient and the ease of use is great. The rewards never expire. I don’t have to do anything other than only buy things I can afford, and pay off the balance every month. I have a savings account with PNC and if I meet certain criteria they will bump the interest rate up from .02% to .03 percent. As long as there is a minimum of $2500, a direct deposit of at least $1500 every month, and 5 purchases on the debit card. 4.x% interest blows the doors off that .03%, and the convenience of having it all in one place is great for someone who doesn’t want to have seventeen different cards. One for restaurants, one for fuel, one for groceries etc.

[@DayoAworunse]

@@JPTulo for sure!

[@Christiangrey999]

Name one free credit card that has better benefits than the Apple Card

[@G0A7]

At this point i just want a tierlist of credits card even if they dont exist where i live, im just dead curious

[@CJ3WT]

Does Apple Savings allow you to add recurring payments and if so - can you list the frequency options?

[@valg.3152]

Im happy with my Apple Card i can purchase practically anything. And to me its worth it. Im just torn which secondary online high yield I will go with. 🤔

[@theodorehaskins3756]

Wow! Wow! Wow! You know it would help if you could be a little more objective in your criticism of the Apple Card. But I do agree with you. You shouldn’t have to apply for a credit card just to get a savings account. The other thing to consider is that Apple is not a bank and they have partnered with Goldman Sachs bank, USA and they are the ones that handle apples customers accounts.

[@drawingjac]

The savings account should be looked at as a benefit of being an Apple Card user, not a separate service that forces you to use something you don’t want.

[@drdeik]

The major audience SHOULD be the millions who already own an Apple Card. They are the ones listening. Not the people who don’t have an Apple Card. Not many people would get a credit card to start a savings account. 😅

[@Mbro-dq2do]

great video bro!

[@S0C0ZY]

So since I have the Apple Card and I don’t fly it’s solid , bet

[@kofijulius5801]

You said you will talk about if foreign nationals can also have a savings account..

[@Ken888]

Why would I get an apple card when I have a perfectly good mattress to store my money under? 😂

[@Lifeisgood586]

I guess you don’t wanna build your credit and take advantage of the 4.15% savings interest

[@DayoAworunse]

@consciousthoughtz5318 I can build my credit and get a higher interest rate by not using this card or saving account

[@Mr.Guardian8623]

@@Lifeisgood586Apple changed my interest to 4.50 has that happened to anyone else?

[@theodorehaskins3756]

🤣🤣🤣

[@SycaShow]

🤦🏻‍♂️

[@SlowDRV]

Whats the apple saving charge you to withdraw the money?

[@kyleRS87]

Doesn’t charge you anything

[@yung4ng3l]

I wasn’t ready for the “No Sponsor” 🤣🤣🤣🤘🏾

[@A1servicesllc87]

Very informative…thank you

[@mattoh07]

The sponsor joke got a like automatically 😂

[@WahidXD]

Is that a ps5 on the bottom left corner? Looks like it’s holding up the TV great video btw

[@DayoAworunse]

It is

[@ardenaudreyarji]

Dayo, what did you think of Ichigo's return in Episode #21 Lol

[@simonmach1ne]

Can i open this From Germany? German Bank Account

[@kofijulius5801]

I want to create some but I’m not a USA resident Any guide?😢

[@DayoAworunse]

Don't have any international financial guides. Only offered in the US at the moment

[@PedroMokio]

How long it took you to have the account on Wealthfront open? Mine is still pending

[@DayoAworunse]

Immediately

[@davidamobi7077]

I know your a tech channel but can you talk about your current credit cards

[@Randomness662]

I'm so glad there exists a KZbinr that respects my KZbin premium purchase and doesn't feed me more ads even though I paid to get rid of them (yes, I know adblockers exist, but I also wanted access to KZbin Music as well as the play while sleeping function)

[@seriahalexus]

Not the “nobody” sponsor 🤣

[@sageaizen6837]

What happened to the bleach reactions ???

[@Daniyoyo]

I love apple savings .. my only real gripe is the low APY % , at the time of this writing , of 4.1%. Rates has moved up a shit ton over the past 6 months they need to update their % earned

[@504cool]

For customers coming .01 to 4.1, it’s a night and day difference lol.

[@sheperdmnisi]

Can't beat the fold😂

[@WaveringAna]

great video; I found the apple card was fine for me to open, buy a macbook and iphone, then forget about for 4-5 years when I need to do the same again. For most people where opening a new card would ding their credit score by a few points, definitely dont do that

[@toyaavant5129]

You are better off buying gold and silver because those federal reserve notes are losing its purchasing power. Spend cash save gold and silver.

[@Hugh248]

I'm not a fan at all of the iphone, i'm more a Samsung user.

[@Unpopularopinion1960]

Look in your Apple wallet and you will find your Apple Card number there. You’re already in the wallet so I don’t see how you missed it.

[@EdRawrDev5813]

bra ur nails nails bra, love the content tho

[@LegendOfTee]

The joke about a message from the sponsor was 🤌🏾🔥😂

[@DayoAworunse]

@@LegendOfTee was it a joke though 👀