Apple Savings Account

No, Apple Savings is limited to one account per Apple Card account. If the account has a co-owner, each co-owner may have one Apple Savings account.

Why don’t you open a second savings or checking account with another bank and just transfer funds between the two accounts?

No, unfortunately you cannot create more than one savings account with your Apple Card. Goldman Sachs, which partners with Apple for the Apple Card, has placed a limit of one Apple Savings account per Apple Card account.

Nexusnode, that is incorrect. The Apple Deposit Account Agreement specifically states that co-owners of Apple Card accounts may each have a savings account.

>> WHO MAY OPEN AND MAINTAIN AN ACCOUNT

You can open an Account if you:

• Are at least 18 years old;

• Are an Owner or Co-Owner of an Apple Card, as defined in the Apple Card Customer Agreement;*

• Such Apple Card is in good standing;

• Have a Social Security Number or Individual Taxpayer Identification Number; and

• Have a street address in (i) the U.S.; (ii) the territories of Puerto Rico or United States Virgin Islands

(collectively, “U.S. Territories”); or (iii) a U.S. military base or U.S. embassy (i.e., an Army/Air Post Office, Fleet Post Office, or Diplomatic Post Office address) (collectively, “U.S. Jurisdictions”). You cannot use a post office box (other than on a U.S. military base or at a Diplomatic Post Office). <<

*Emphasis added

https://www.goldmansachs.com/terms-and-conditions/Deposits-Account-Agreement.pdf

In addition this is also stated in Apple Support articles.

>> If you have Apple Card Family, only account owners and co-owners can set up Savings accounts. Each Savings account holder will only be able to see their own account balance and details in Wallet. <<

Set up and use Savings in Apple Wallet - Apple Support

It must be noted that Participants in Apple Card Family are not eligible.

It’s the same procedure. Please follow the steps open an Apple Savings account as outlined in this support article.

Set up and use Savings in Apple Wallet - Apple Support

How do I open a savings account if my co-owner already opened up for herself?

Thank you for verifying, apologies if I wasn’t clear. To clarify, by Apple Card Accounts I do mean each individual owner and co-owner, not individual cards.