Apple's 4% Interest on Savings

Most banks in the United States only reward 4% interest rates for people who have over 3 or 5 or 10 thousand dollars. The fact that you can just throw out money into a PY and keep it in Apple and get 4.15% return is actually kind of a return to 1980-style banking. We had the same experience when Allie pay, and like even with WeChat payment, when they just came out.