I just recently got an Apple Card and added it to my wallet but I don’t see the option to setup a savings account. Can you help with that?

You apply through your Apple Cash card in your Wallet app on your iPhone. If you’ve set up Apple Cash, please follow these instruction,

How to set up Savings

1. On your iPhone, open the Wallet app and tap Apple Card.
2. Tap the More button , then tap Daily Cash.
3. Tap Set Up next to Savings, then follow the onscreen instructions.

When opening Savings, you'll be asked if you want to transfer funds from your Apple Cash balance to your new account to start earning interest on that money. If you don't want to transfer your Apple Cash balance, just tap the Close button . If you want to transfer funds, tap Transfer Your Apple Cash and follow the onscreen instructions.

If you have any Daily Cash available to redeem as an Apple Card statement credit, that Daily Cash will be transferred to your new Savings account when you set up Savings.

If your Apple Card account is restricted or locked, you may not be able to open a Savings account. If your Apple Cash or Savings account is restricted or locked, you may not be able to transfer money to or from Savings. To access your funds, you'll need to contact a Savings Support Specialist.

Apple Credit Card is not where the process starts. It starts in Apple Cash. I’ll post the whole process, from start, below.

Let’s start with the basics and continue to the application for Apple Savings Account. Updating your iPhone to iOS 16.4.1 or higher is necessary or the application links will not appear. Link to update is below.

What you need to open and maintain an account

• Be an owner or co-owner of an active Apple Card account and add Apple Card to your iPhone.
• Be at least 18 years or older.
• Have a social security number or individual taxpayer identification number.
• Be a U.S. resident with a valid, physical U.S. address.
• Set up two-factor authentication for your Apple ID and update to the latest version of iOS.
• Apply within US
• Apple Cash Account must be verified.
• iPhone must be updated to iOS 16.4.1 or higher.

iPhone must be updated to latest version of iOS, 16.4.1 or higher, this requires an iPhone 8 or higher.

Update your iPhone or iPad - Apple Support

iPhone must be updated or you can’t apply. Your Apple Cash account must be verified to transfer funds from Apple Cash account.

Identity verification for Apple Card or Apple Cash - Apple Support

Once you’ve checked and verified the above requirements, you can apply for Apple Savings Account by following the steps in this support article.

Set up and use Savings in Apple Wallet - Apple Support

If you would like to view a post with screenshots showing each step, follow this  link.

https://discussions.apple.com/thread/254807120

Please do not confuse Settings app for Wallet app! The Wallet app is where you start to navigate to for approval for Apple Savings account.

If you experience issues, please let us know by adding a comment to your post.

Currently the only way to apply is through iPhone that run iOS 16.4.1 or later. You can suggest this to Apple here,

Feedback - Apple Pay - Apple

Have your verified your Apple Cash account? Is your iPhone on the latest version of iOS, 16.4.1?

Identity verification for Apple Card or Apple Cash - Apple Support

Upgrade to iOS 16.4.1 and verify your Apple Cash Card

Please log out of your Apple ID/iCloud account, do a forced restart of you iPhone, then once restarted log back into your Account.

This support articles may be of assistance if you’re unfamiliar with the process.

Force restart iPhone - Apple Support

Please double check that your iPhone is using iOS 16.4.

Lastly where did your purchase your iPhone?

I had the same issue. I had to update the software on my iPHone manually. That worked for me.

You need to have an Apple Card MasterCard account to apply for the Savings Account. Please review this this post to correct any errors or omissions.

https://discussions.apple.com/thread/254807120?answerId=258962694022#258962694022

Daily Cash is there but after I tap it there is no savings option? Where is it?

I’m trying to set up a savings account too. My phone is upgraded, nothing is locked or restricted, I’ve turned the phone off and on, and I still don’t have an option for savings. I’m in the Apple credit card. When I go to daily cash, there is still no option for savings. Can anyone help thank you.

I don't have the option of "Daily Cash".

Yes, but it turns out my iPhone 7 doesn't go up to the required OS. Hopefully there's another way to get the account without having to upgrade my phone.

I am updated to 16.4.1 and still do not have option to setup savings?

Worked now after restart of phone. Thanks

That’s great news, thanks for the update and enjoy your new Apple Savings Account.