Is there a fee to transfer or withdraw money in Apple savings account to external account?

Is there a fee to transfer or withdraw money in Apple savings account to external account?

Posted on Jun 24, 2023 9:05 AM

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Posted on Jun 24, 2023 11:33 AM

No, currently there are no fees for withdrawing funds from an Apple Savings account. However, because of the no fees, funds can take longer to transfer than a regular savings account. Apple Savings account is a High Yield Savings Account (HYSA) and is to be used for the accumulation of wealth, not the distribution. Transfers will happen much over a longer period of time (1 to 5 business days) in most cases. You can transfer fee free $10,000 a day ($20,000 total a week) to a verified Apple Cash account.

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Jun 24, 2023 11:33 AM in response to Lew8809

No, currently there are no fees for withdrawing funds from an Apple Savings account. However, because of the no fees, funds can take longer to transfer than a regular savings account. Apple Savings account is a High Yield Savings Account (HYSA) and is to be used for the accumulation of wealth, not the distribution. Transfers will happen much over a longer period of time (1 to 5 business days) in most cases. You can transfer fee free $10,000 a day ($20,000 total a week) to a verified Apple Cash account.

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Is there a fee to transfer or withdraw money in Apple savings account to external account?

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