How to transfer existing Apple Cash to the new savings account?
How to transfer existing Apple Cash amount to this new high-yield savings account?
iPhone 6s, iOS 15
Question marked as
User profile for user:
Ali_E1
User level:
Community Specialist
Hi JohnnySockeye,
You should be able to choose Apple Cash as the source after you enter the amount you would like to add in Wallet. You'll find these instructions outlined in the Set up and use Savings in Apple Wallet article.
Deposit money into Savings
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.
Kindest Regards.