Apple, Goldman Sachs to Offer High-Yield Savings Accounts

Apple Inc. is forging a partnership with Goldman Sachs Group Inc. to offer high-yield savings accounts to users of Apple’s credit card, the Apple Card, marking the tech company’s latest move into the financial-services space.

Apple Card users would be able to set up and manage the savings accounts directly in the Wallet app on their iPhones, Apple said. The savings accounts are expected to roll out in the coming months, the company said.