Apples large withdrawal fees

on a app I want to withdrawal money that I won into my PayPal account..but ir said do to apples large withdrawal requirements you must pay a transaction fee in proportion to the withdrawal amount in order to proceed with the withdrawal is this true or false

iPhone 15, iOS 17

Posted on Jan 17, 2024 8:29 PM

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Posted on Jan 18, 2024 6:38 AM

Not sure what app you are using, but any app that charges you $29.99 to withdraw $5000 and claim that they are saving you 70% sounds suspicious. I also do not see how Apple is involved in this transaction at all. It appears to be between this App and PayPal. Apple does not get a service fee just because you are using an iPhone to make a transfer.


As you can see from the previous provided link on transactions fees using the Apple payment method, there is only a fee on Instant Transfers. The fee is 1.5% up to a maximum of $15, so the $100 number shown in the app does not make sense. In addition, you can avoid the fee altogether using the Apple service altogether by using the normal transfer method of waiting the 1-3 days.


Hopefully this is a legitimate app that you have given them your PayPal account number to.

7 replies
Question marked as Top-ranking reply

Jan 18, 2024 6:38 AM in response to tyheema18

Not sure what app you are using, but any app that charges you $29.99 to withdraw $5000 and claim that they are saving you 70% sounds suspicious. I also do not see how Apple is involved in this transaction at all. It appears to be between this App and PayPal. Apple does not get a service fee just because you are using an iPhone to make a transfer.


As you can see from the previous provided link on transactions fees using the Apple payment method, there is only a fee on Instant Transfers. The fee is 1.5% up to a maximum of $15, so the $100 number shown in the app does not make sense. In addition, you can avoid the fee altogether using the Apple service altogether by using the normal transfer method of waiting the 1-3 days.


Hopefully this is a legitimate app that you have given them your PayPal account number to.

Jan 17, 2024 8:41 PM in response to Cat23Sweet

Not sure what Apple transaction fee would be involved or what app you are withdrawing money from. There is an instant transfer fee of 1.5% up to a max of $15 when transferring money using the Apple Card, but can be avoided entirely by not using instant transfer and waiting the 1-3 days for the transfer to complete. More information about that can be found here:

Transfer money in Apple Cash to your bank account or debit card - Apple Support


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Apples large withdrawal fees

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