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Like with Apple Card itself, Goldman Sachs provides the savings account. The concept is somewhat similar to Goldman's "Marcus" account, which offers a 3.9 percent yield with comparable flexibility.
Goldman Sachs already offers a "Marcus" savings account that you can quickly open online and link to other banks. It's built for mobile users with a dedicated app, touts a relatively high 2.15 ...
To determine the appropriate amount to keep in your HYSA, tally up your necessary monthly expenses and multiply that figure by the number of months you want your emergency fund to cover ...
Meanwhile, Goldman Sachs has been moving towards becoming a more conventional bank, with its Marcus by Goldman Sachs product, which announced last year it had reached a milestone of over $100 ...
For perspective, depositing $10,000 in a high-yield savings account that earns 5.25 percent APY would earn around $538 more in interest after a year than one in an account that earns merely 0.01 ...
In 2018, the S&P 500 dropped 6.2%. If you had instead invested in these high-yield savings accounts, you would have come out on top.
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