It's actually a Goldman-Sachs account in Apple packaging. The federal funds rate is in the 4.75-5% range, which means Goldman, in theory, can take the money yo

It's actually a Goldman-Sachs account in Apple packaging. The federal funds rate is in the 4.75-5% range, which means Goldman, in theory, can take the money you deposit and re-lend it at 4.8% or so, pay you your interest, and still make a profit.