c/apple · by Renn@sh.itjust.works · 2yApple Card Savings Account's Balance Limit Increased to $1 Million https://www.macrumors.com/2024/03/01/apple-card-savings-1-million-limit/6 points · 2 comments · view on lemmy.world
2 Comments
circuitfarmer@lemmy.world · 3 pts · 2y
nick@midwest.social · 3 pts · 2y
I believe that’s correct, yeah. 250k is the limit, per bank per account type. So if you have 250k on a chase savings account, 250k in a chase checking, you’re covered. Open another savings or checking, and they WONT be covered.
That is my understanding anyway.
confusedwiseman@lemmy.world · 2 pts · 2y
This is correct to my understand as well.