Is the Apple Card/Apple Card Savings backed by FDIC?
Is the Apple Card Banking+ Apple Card Savings backed by FDIC?
Question marked as
Apple Card is a credit card on the Mastercard network. The card is issued and serviced by Goldman Sachs Bank. Credit Cards do not have FDIC insurance. Only deposit accounts (checking, savings etc.) have FDIC insurance.
Apple Savings account is serviced by Goldman Sachs Bank and is FDIC insured for the maximum of $250,000.