$250,000 Limit
I’d like to understand the $250,000 limit. If I transfer $250,000 will the interest accumulate beyond that limit?
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This is the statement from the Deposit Agreement Covering Apple Savings Account
> MAXIMUM DEPOSIT LIMITS
The maximum balance for your Account is $250,000. We will include any funds deposited into your Account but not interest or Daily Cash you’ve earned when determining the maximum balance limit. We may reject and return any funds transfer if your Account exceeds the maximum deposit limit. You authorize us to return any funds that exceed the maximum balance limit by check.
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