I'm truly trying to understand the maximum deposit limit for Apple's savings account. It would seem a bit confusing, and I want to make sure I'm not accidentally limiting my potential earnings. What are the current highest deposits you allow?
That's a great question! The maximum deposit amount is currently $10, 000. However, there can be restrictions based on account type and other factors - like how long you've held the account. Could you break down those distinct limitations?
I've heard that some people are experiencing issues with their savings accounts currently being flagged or limited when they reach certain deposit amounts. Is this a widespread situation, or is it just specific to my situation? I'm striving to avoid any potential account closure.
What about transaction fees associated with depositing and withdrawing funds from the Apple Savings Account? Are there any limits on how commonly I can make deposits or withdrawals? I want to understand if there are any hidden charges involved.
I'm curious on the overall value proposition of this savings account compared to more options like a classic checking account. Does the maximum deposit significantly impact my capacity to save for long-term goals, considering potential interest rates?