How to transfer my Apple Cash to apple savings account

Deposit money into Savings and this includes Apple Cash. Please read the instructions carefully.

>> You must have your Apple Cash account verified. <<. No exceptions.

Identity verification for Apple Card or Apple Cash - Apple Support

When you open Savings you agree to automatically deposit Daily Cash that you earn into your Savings account. You can also add money to Savings from a linked external bank account or from Apple Cash. 

1. On your iPhone, open the Wallet app and tap Apple Card.
2. Tap Savings account, then tap Add Money.
3. Enter the amount that you want to add, then tap Add.
4. Select or add the payment source that you want to add money from.
5. Double-click the side button to confirm with Face ID, Touch ID, or your passcode.

Money that you deposit into Savings starts earning interest on the day that the transfer is initiated from the Wallet app.

If you transfer money from Apple Cash, the funds are typically available instantly. If you transfer money from a linked external bank account, it will generally take a few days for funds to be available for withdrawal.

Step 4. trips a lot of members up.

Set up and use Savings in Apple Wallet - Apple Support

If you’d like additional assistance, please reply to my comment.

iPhone > Wallet > Apple Card > Savings Account > Add Money > enter dollar amount using keypad (minimum is $10 > tap Next button upper right > tap funding/source (if Apple Cash is not displayed) see photo below > select Apple Cash as funding source by taping, see photo below > initiate transfer by double clicking side button.

Your identity must be verified to be transferring funds like this. Instant transfer from Apple SAvings to Apple Cash is limited to $10,000 in a day and $20,000 in any 7 day rolling period.

Identity verification for Apple Card or Apple Cash - Apple Support

Start a transfer from Apple Cash to Apple Savings

Open Apple Card in Apple Wallet on iPhone.

Tap Apple Card > Tap Savings Account > Tap Add Money > Use keypad to enter amount, Apple Cash balance is shown > Tap Next in upper right corner > Double click button to confirm or send. Tap Apple Cash to cancel and pick another source or cancel transaction.

So I was having the same issue where "Apple Cash Balance" was not showing up. How I fixed it:

1. Open the "Apple Cash" card
2. click the three dots on the top right of screen
3. Select "Card Details"
4. Scroll to bottom and select "Verify your identity" option
5. Fill out the info
6. Go back to "Apple Card" select "Savings Account" and the "Apple Cash" balance should now be visible when trying to "Add Money"

Hope this is helpful!

After I applied for the savings account, this option - where the balance from Apple Cash shows up in the red circled position - was not available to me until after I restarted my phone. Then I was able to follow the instructions as you outlined, thank you. So anyone who is still having trouble, try restarting your phone and then go back to Savings - add money - and your Apple Cash balance should show up like on the screen above.

Scratch that last request! I found it. I missed the step "click on 'card details' from the '...' in Apple Cash." Thanks all!

My Apple Cash does NOT show up as an option from which to transfer money into my Apple Savings. Only my bank account that I use to pay my Apple Card with shows up. I do have a balance on my Apple Cash Card that I wish to transfer into Apple Savings.

Of course I did. I've transferred between accounts before, and step 4 is there when I pay may apple card off every month since I have multiple bank accounts linked. I haven't missed any steps.

However, next day while I was in the savings account, it gave me a notice that I have an Apple cash balance that I can transfer if I choose. I still couldn't transfer the regular way as it wasn't showing as an option, but once I clicked on that notice screen it allowed me to do it. Not sure why but this was my experience.

I don't see any option to transfer Apple Cash money into Apple Savings. The only option I see is to transfer it into my external bank account??

Please make sure your Apple Cash account is verified.

Identity verification for Apple Card or Apple Cash - Apple Support

I had to verify myself and then it worked . Thanks

Not, sure either. I’ve never seen that notification, or read anyone here mentioning it either. I’m glad you got it worked out.

The new iOS 16.5 may be out this week and hopefully a few fixes will be included.

This is a month old post, the day after Apple Savings account was first released. A lot has been learned since then.

What is it exactly you’re trying to do? Do you have an Apple Savings account already setup?

Hey Jeff. Reading through this thread. I'm still having issues transferring Apple Cash to Apple Savings. My Apple Cash is verified. I've tried all of the steps, but only my personal bank account is listed as an option. I get to the 'add money' step and nothing is listed there. I add the amount in my Apple Cash account then click 'next' and only my personal bank account is listed as an option. I also tried 'transfer to back' from the '...' in the Apple Cash account but, again, only my personal bank account is an option. I am updated to 16.5. Thanks.

On Step 4, when I try to select a transfer from Apple Cash, it says "Verification Required". I have already verified my identity twice now (name, DOB, last 4 digits of SS) and still get the same message. (IOS 17.0)