Apple Card Savings interest rate has increased to 3.5% APY, up from 3.4% on September 22. Customers earning 3.5% on $1,000 will gain $35 annually instead of $34. The account, launched in 2023 with 4.15% APY, saw two rate cuts in 2026 to reach this new level.

Apple Card Savings is a high-yield savings service for Apple Card users. The recent rate adjustment marks a positive shift after declines in April and June 2026. While still below the 4.5% peak from January 2024 and the initial 4.15% launch rate, 3.5% offers better returns than the 3.4% record low. Apple automatically applies the new rate without user action.

The update follows two drops earlier in 2026, reversing downward trends. This small increase provides meaningful interest gains for savings holders. The service remains accessible through the Apple Wallet app with no changes required from users.

AppleInsider reported the 0.1% rise, highlighting its significance after recent cuts. The financial product continues to serve as a key benefit for Apple Cardholders seeking liquidity and yield on their daily cash.