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Apple’s ‘goodwill credit’ for Apple Savings customers could cost it $200 million

Last month, the Wall Street Journal reported that some Apple Card Savings account holders experienced issues moving money out of their Apple savings account to an external bank account. In an effort to placate disgruntled customers, Apple announced this week that it would offer a $100 “goodwill credit” to affected account holders.

"Among the [Apple] Savings accountholders, three-quarters indicated that they tried to move money out of the account, and 60% of them had trouble doing so."

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banking, apple, savings