how to set up savings account

How do I set up savings account with apple card



MacBook Pro 13″, macOS 13.2

Posted on Apr 17, 2023 7:26 PM

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Question marked as Top-ranking reply

Posted on Apr 17, 2023 7:42 PM

Make sure your iPhone is on latest version of iOS, 16.4.1 and you’ve verified your Apple Cash account. Then please follow the instructions at the link below,


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.


Set up and use Savings in Apple Wallet - Apple Support


1 reply
Question marked as Top-ranking reply

Apr 17, 2023 7:42 PM in response to salphil

Make sure your iPhone is on latest version of iOS, 16.4.1 and you’ve verified your Apple Cash account. Then please follow the instructions at the link below,


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.


Set up and use Savings in Apple Wallet - Apple Support


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how to set up savings account

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