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How Apple Savings compares vs other high-yield savings accounts
I tried it; I attempted $100,000 as a test and was told the limit was $10,000. I wasted a day trying to solve this. Not to mention, Apple has a low maximum balance allowed.
That same day, I got an email from Amex telling me that my Platinum (or Gold) Amex account allowed me to add a savings account with a 4.35% APR. It has a $500,000 limit. Setting it up was a breeze, and I already have a linked bank account for paying my Amex balance every month. The transfer from my Bank to this Amex savings account was as smooth as silk, and $100,000 went through with a click. I was told it would take two days to complete, but I could click expedite at no charge if I was in a hurry.
Transfering back (i.e., withdrawing cash) is just as simple.