Can I open a savings account on my iPad?

Can we open a saving account on an Ipad


[Re-Titled by Moderator]

iPad Pro, iPadOS 16

Posted on May 4, 2023 5:43 AM

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Posted on May 4, 2023 8:10 AM

No. The new Apple Savings Account is reliant upon the Apple Wallet App - to which your associated Apple Card must be added. The Wallet App is only available for iPhone. As such, the benefit from the new savings account, you’ll need access to an iPhone:

Set up and use Savings in Apple Wallet - Apple Support



The Wallet App is unique to iPhone due to hardware…


The iPhone Wallet uses NFC to wirelessly communicate with physical Point of Sale (PoS) terminals - NFC being the mechanism used by ApplePay (and Google’s Android equivalent) to securely exchange registered Credit Card details and authorise a payment.


The Apple Wallet App has dependency upon NFC hardware which is absent from all models of iPad. Consequently, the Wallet App is not available for iPad. Whilst perhaps a moot point, consider the practicalities of attempting to bring a specific area of an iPad (which may be sizeable) within close range of a PoS terminal!


Whilst iPad does not have a Wallet App per-se, iPad does have Wallet in iPad settings. Here you can register Credit Cards for ApplePay - but this is not intended for NFC. Instead, iPad is able to participate in remote e-commerce payments - such as a website.


I hope this explanation brings useful clarity as to the capabilities of both iPad and iPhone in context of ApplePay and Wallet.

1 reply
Question marked as Best reply

May 4, 2023 8:10 AM in response to ferris192

No. The new Apple Savings Account is reliant upon the Apple Wallet App - to which your associated Apple Card must be added. The Wallet App is only available for iPhone. As such, the benefit from the new savings account, you’ll need access to an iPhone:

Set up and use Savings in Apple Wallet - Apple Support



The Wallet App is unique to iPhone due to hardware…


The iPhone Wallet uses NFC to wirelessly communicate with physical Point of Sale (PoS) terminals - NFC being the mechanism used by ApplePay (and Google’s Android equivalent) to securely exchange registered Credit Card details and authorise a payment.


The Apple Wallet App has dependency upon NFC hardware which is absent from all models of iPad. Consequently, the Wallet App is not available for iPad. Whilst perhaps a moot point, consider the practicalities of attempting to bring a specific area of an iPad (which may be sizeable) within close range of a PoS terminal!


Whilst iPad does not have a Wallet App per-se, iPad does have Wallet in iPad settings. Here you can register Credit Cards for ApplePay - but this is not intended for NFC. Instead, iPad is able to participate in remote e-commerce payments - such as a website.


I hope this explanation brings useful clarity as to the capabilities of both iPad and iPhone in context of ApplePay and Wallet.

Can I open a savings account on my iPad?

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