Wednesday, December 4, 2024

Apple Savings Account Customers Struggle To Access Cash

Posted By Peter Coyne | 2023-06-02 06:56:48

Apple’s introduction of their high yield savings accounts attracted $1 billion worth of deposits in just four days.

  • But now customers are complaining they cannot access their cash, and withdrawals and transfers are taking up to 3-4 weeks.

The complaints come as a slew of banking incidents raising fears about how banks control withdrawals.

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