savings account

Do I get the savings account interest on my apple credit card balance?

iPhone 13

Posted on Apr 27, 2023 8:30 AM

Reply

Top-ranking reply

Jeff Donald

Level 8

44,256 points

Posted on Apr 27, 2023 8:32 AM

No, if you carry a balance on a credit card, you pay interest. Savings accounts earn interest and help you accumulate funds. A credit card and a savings account are two different financial instruments.

View in context

Similar questions

saving account interest What's saving account interest for Apple Card ?
338 1
No link to savings in wallet Apple Card How to set up Apple Savings?
1405 1
Can you use the Apple Savings account to pay down your card balance ? Can you use your Apple Savings account to pay down your card balance quickly?
13479 13

1 reply

Top-ranking reply

Jeff Donald

Level 8

44,256 points

Apr 27, 2023 8:32 AM in response to Barneyheller

No, if you carry a balance on a credit card, you pay interest. Savings accounts earn interest and help you accumulate funds. A credit card and a savings account are two different financial instruments.

Reply

This thread has been closed by the system or the community team. You may vote for any posts you find helpful, or search the Community for additional answers.

savings account

Welcome to Apple Support Community

A forum where Apple customers help each other with their products. Get started with your Apple Account.

Learn more Sign up