High Yield news and trends

High-Yield Deposit Accounts Come To Robo-Advisory Service Betterment
Digital Banking // July 24, 2019

High-yield checking and savings are now being offered by online wealth advisor Betterment as a way to attract new customers.  “It’s really hard for banks to follow us here,” Betterment founder and CEO Jon Stein told CNBC. “If you look at where the big banks...

Quick Reads
Apple Card’s Savings Account Surpasses $10 Billion Milestone

August 02, 2023
Since the launch of the Apple Card’s Savings account, powered by Goldman Sachs, in April, over $10 billion in deposits have been made by users. In addition to reaching this milestone, 97% of Savings customers have chosen to have their cash rewards automatically deposited into their account, Apple said in a Wednesday (Aug. 2) press release. Jennifer Bailey, Apple’s vice […]

High-Yield Deposit Accounts Come To Robo-Advisory Service Betterment

July 24, 2019
High-yield checking and savings are now being offered by online wealth advisor Betterment as a way to attract new customers.  “It’s really hard for banks to follow us here,” Betterment...