Use Your iPhone as a Bank Account
This is a completely new feature, but now you can literally turn your iPhone into a savings account.
Thanks to the Wallet app, you can request to open an Apple savings account. This account offers a crazy annual percentage yield (APY) of 4.15%, which is way more than most.
To use this account, you’ll need to be a US citizen, have an Apple Card, and be at least 18 years old. If you meet those requirements, you can sign up for a savings account in a matter of seconds, and have your Daily Cash rewards automatically deposited there.