Apple Card Reaches 12 Million Users, Earns $1 Billion in Daily Cash Rewards
Apple Card's Savings Account Amasses Over $10 Billion in Deposits, Demonstrating Users' Financial Health
- Apple Card, launched in 2019, now has over 12 million users who have collectively earned over $1 billion in Daily Cash rewards last year.
- Apple Card's Savings account, offering a high-yield APY of 4.50 percent, has amassed over $10 billion in deposits with the majority of users auto-depositing their Daily Cash into Savings.
- Nearly 30 percent of Apple Card customers make two or more payments per month, indicating active usage of the card.
- More than 1 million users share their Apple Card with their Family Sharing Group through Apple Card Family, with nearly 600,000 users building credit equally with their spouses, partners, or another trusted adult.
- Over 200,000 users have been approved for an Apple Card after enrolling in the Path to Apple Card program, which is designed to improve a user's financial health.