How to Transfer Apple Cash to Bank Account and Debit Card

Apple Cash works similarly to a debit or prepaid card. Just like you can transfer money from a prepaid card to a bank account, you can move Apple Cash to your bank account or to your debit card with no hassle. Still confused? Not to worry.

We’ve compiled this guide on how to transfer Apple Cash to a bank account and debit card so you’ll be in the know at every step of the way. 

What is Apple Cash? 

Apple Cash is a feature in the Apple Wallet mobile application that enables iOS and iPadOS users to conveniently send money to individuals who also possess an Apple Wallet. You can send money through iMessage or the Apple Wallet.  

What’s the difference between Apple Cash and Apple Pay?

Apple Pay is a service that allows you to make payments in-store or online using your mobile phone. You can link your credit cards and debit cards to Apple Pay for use as a digital wallet.   

Apple Cash is one of your payment options in Apple Pay. It is a digital debit card that lets you send and receive money.

Apple Cash is primarily used for person-to-person payments and transferring funds. Apple Pay, on the other hand, is used for making purchases at participating merchants.

How to transfer Apple Cash to a bank account

To transfer money to your bank account, you’ll have to set up the account and add it to your profile within Wallet. Then, complete the following steps:

• Open the Wallet App

• Tap Apple Cash card

• Tap “More”

• Tap “Transfer to Bank”

• Enter the amount you’d like to transfer, then hit “Next”

• Tap “1-3 Business Days”

• Tap “Transfer”

• Use Face ID, Touch ID, or your passcode to confirm the transfer.  

How to transfer Apple Cash to a debit card

To transfer money to a debit card, you’ll need to add an eligible card to your Wallet app. You can add either a Mastercard or Visa debit card. Then, follow these steps to have money transferred to your card within 30 minutes:

• Open the Wallet App

• Tap Apple Cash card

• Tap “More”

• Tap “Transfer to Bank”

• Enter the amount you’d like to transfer, then hit “Next”

• Tap “Instant Transfer”

• Tap “Transfer”

• Choose the card to which you’d like to add money

• Enter the billing information for that card

How to troubleshoot Apple Cash transfer problems

As with any online service, occasionally you’re going to run into some minor issues. Troubleshooting to figure out what’s going on will help ensure your money gets where it needs to go.

Delays are commonly encountered

Instant transfers should take up to 30 minutes if you’re moving money onto a card, or one to three business days if you’re transferring money to a bank account. If you check your bank statement and don’t see your money within that time frame, contact Apple Support. Keep in mind, a bank holiday may affect your transfer time.

Transfer limits exist

Apple Cash allows you to transfer up to $10,000 at once to your bank account and up to $20,000 in total over the course of a seven-day period. 

Only transfers to US bank accounts are permitted

Apple Pay has geographical transfer limits, too. You can only transfer money to a bank account in the United States. 

Update your Apple Wallet and iOS

Delaying updates on your phone puts you at greater risk of personal information being hacked, so it’s important to update both Apple Wallet and iOS before making a transfer from Apple Cash to your bank account or debit card.

Make sure your cards and bank account information are up to date in Apple Wallet. To update iOS, plug your device in to charge, connect to Wi-Fi, then go to Settings. From there, hit General, then tap Software Update. If there’s one available, hit Install or Download and Install. 

Ensure your debit card is compatible with Apple Cash

Apple Cash is only compatible with Mastercard and Visa debit cards. If you’re having an issue when trying to load in a different type of card, that may be why.

Connect to a stable internet connection

Having a stable internet connection will help ensure you don’t encounter any issues or errors while trying to transfer. It’s a good idea to be on a private connection while making transfers, rather than a public one such as free Wi-Fi in a coffee shop.

Double-check the entered banking information

Before you hit transfer, double-check to ensure the bank account number or debit card information you’ve entered for the transfer is correct.

Get help from Apple Support

You can browse through a variety of troubleshooting articles and try to fix things yourself. You also can get direct help from Apple in a number of ways. You can talk with an Apple Advisor over the phone or through an online chat platform. You can also go in person to a Genius Bar to get help with your devices.

Get money, send money with Apple Cash

Apple Cash is an easy way to send, receive, and spend money. You can use it as you would a debit card, using it for payments or sending money to a bank account. You can also transfer money directly to others.

FAQ

Can you transfer Apple Cash to a different person’s bank account?

No. Apple Cash allows you to send money to other people who have Apple Wallet. The money goes to the Apple Wallet, not to their bank account.

Will your bank charge you fees for receiving Apple Cash transfers?

Your bank will not automatically charge you money for receiving Apple Cash, though fees apply if you use Instant Transfer. 

Can you transfer Apple Cash to a different currency bank account?

No. Bank transfers from Apple Cash must be within the United States.