Why can’t I transfer money out of my Apple savings into my external bank account?

Why can’t I transfer any money from my Apple savings to my external bank account?

iPhone 13 Pro, iOS 16

Posted on May 4, 2023 1:29 PM

Reply
Question marked as Top-ranking reply

Posted on May 4, 2023 1:49 PM

Hi there,


There may be some limitations on your account, depending on the amount available in your Apple Savings account, the amount you’re trying to withdraw and your bank institution.

Apple especially indicates: ‘You may transfer no more than $20,000 per rolling 7-day period. Additional limits on the amount and frequency of transfers may be placed for the security of your Savings account.’

Make also sure Apple didn’t ask you to verify your identity for your Apple Card account: Identity verification for Apple Card or Apple Cash - Apple Support

Finally, I suggest you contact an Apple Card Specialist at (877) 255-5923 or in the Wallet app.


1 reply
Question marked as Top-ranking reply

May 4, 2023 1:49 PM in response to Musician-love

Hi there,


There may be some limitations on your account, depending on the amount available in your Apple Savings account, the amount you’re trying to withdraw and your bank institution.

Apple especially indicates: ‘You may transfer no more than $20,000 per rolling 7-day period. Additional limits on the amount and frequency of transfers may be placed for the security of your Savings account.’

Make also sure Apple didn’t ask you to verify your identity for your Apple Card account: Identity verification for Apple Card or Apple Cash - Apple Support

Finally, I suggest you contact an Apple Card Specialist at (877) 255-5923 or in the Wallet app.


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Why can’t I transfer money out of my Apple savings into my external bank account?

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