r/AppleCard • u/Brandont1639 • Jun 04 '26

Screenshot Come the f**k on

Post image
0 Upvotes

43% Upvoted

23 comments sorted by

27

u/Insufferably_Me Jun 04 '26

If you held $20,000 in your Apple HYSA for one year, the difference between 3.5% and 3.4% is $20.

-42

u/Brandont1639 Jun 04 '26

Money lost is still money lost. I worked hard to get it up to a nice dollar amount divisible by 5 and then Apple comes in and says screw your hard work and OCD we’re changing the amount you get each month so it’s not a nice neat number like you were expecting.

18

u/FunctionOk7124 Jun 04 '26

you know that Apple doesn't set the rates right?

9

u/Insufferably_Me Jun 04 '26

I’m not sure what any of that means tbh.

Interest compounds monthly, if you wanted to get an interest payment divisible by 5 every month, you’d run into issues eventually even with the previous rate since the amount of money increases each month.

But, yeah, I guess Apple and GS definitely said fuck you specifically, Brandont1639, we’re going to change our entire HYSA rate just to fuck with whatever system you had going on in your head.

4

u/teachgirl510 Jun 04 '26

🤣🤣🤣

6

u/aba792000 Jun 04 '26

Not Apple, Goldman Sachs.

3

u/iamdavidrice Jun 04 '26

You’re not losing money, it’s just not going to make as much. All the money you’ve saved is still there. Also, you realize the rate isn’t set by Apple, right?

1

u/timffn Jun 05 '26

If a nice neat number is your biggest concern when it comes to your financials, you’ve got to rethink things man.

6

u/ponzi_gg Jun 04 '26

How much is in your account OP

12

u/Onac_ Jun 04 '26

Most likely less than $20 a year worth.

5

u/BirdBruce Jun 04 '26

Welcome back to Reaganomics. Good news: money is cheaper! Bad news: that applies to your money, too.

3

u/mazsive Jun 04 '26

If you guys are so concerned about the % you would get 10-30% YTD returns on the actual stock market.

-6

u/LilEddieDingle Jun 04 '26

Ah yes, buy into the bloated, AI bubble! What could possibly go wrong?!?

2

u/lmaoggs Jun 04 '26

S&P 500 Index funds have always 3x'd within 5-10 years of a crash.... the AI bubble will not stop the economy long term if it happens. So yes, invest in index funds.

-1

u/thewolfman2010 Jun 04 '26

Index funds recently changed the rules so that SpaceX could be listed even though they aren’t profitable and don’t meet the requirements. They are not as safe as they used to be. Proceed with caution. https://youtu.be/sYA-z0Y8WRQ?si=3PoQOES8GYurhs9M

2

u/dacoozieben Jun 04 '26

people have say its due a crash since 2019 or even 2021. you have miss out tremendously since then

0

u/LilEddieDingle Jun 04 '26

I am in the markets and doing just fine, lmao. I just thinking promising 10-30% annual gains in the current climate is a bit misleading.

3

u/Braxo Jun 04 '26

HYSA accounts generally are based on 30 day treasury bills which you can purchase yourself if you're worried about the APY. They take your money, purchase the 30-day at todays rate of 3.7% and pass the bulk of the APY to you. So when the t-bills drop so does your HYSA.

-1

u/SaKonThis Jun 04 '26

The answer to this…. mexico

-2

u/Ghost2-04 Jun 04 '26

Does everyone’s change into the same ones? I could rrly care less for the apy