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Level 1

4 points

I am confused on the fees on transferring money

I am confused on the fees on Apple Cash

Posted on Feb 21, 2022 9:01 AM

Top-ranking reply

Level 10

472,731 points

Posted on Feb 21, 2022 9:39 AM

The only fee Apple charges for Apple Cash is if you make an instant transfer to a debit card.

There are no fees to transfer your money from Apple Cash to your bank account, unless you use an Instant Transfer.

and

A 1.5 percent fee (with a minimum fee of $0.25 and a maximum fee of $15) is deducted from the amount of each Instant Transfer.

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