That is not bad (less that 6-mos cd), subject to change at any minute, though. Per Apple, you must be using iOS first time I've ever seen that prereq:
>> Annual Percentage Yield (APY) is 4.15 percent as of 4/14/2023. APY may change at any time. Maximum balance limits apply. Savings is available with iOS 16.4 and later.
Banking services wasn't what made Apple astronomically rich beyond imagination in the first place.
Knowing apple, this sounds like a dark pattern.
It makes sense that you would start to exploit more of the advantages you have (you have a massive user base, you've got payments), but Apple launching a white-label goldman sachs savings account is just about as unsexy as you can get. I hoep this doesn't distract from the core business in the long term. By that I mean, this could make a lot of money, and if it does make a lot of money you'll end up with bankers being promoted and running Apple, which would be... bad.