how come I dont have the option to open a savings account?

Let’s start with the basic requirements.

What you need to open and maintain an account

• Be an owner or co-owner of an active Apple Card account and add Apple Card to your iPhone.
• Be at least 18 years or older.
• Have a social security number or individual taxpayer identification number.
• Be a U.S. resident with a valid, physical U.S. address.7
• Set up two-factor authentication for your Apple ID and update to the latest version of iOS.
• Apply within US
• Apple Cash Account must be verified

iPhone must be updated to latest version of iOS, 16.4.1 

Update your iPhone or iPad - Apple Support

Once you’ve confirmed all the above requirements, please follow the steps in this support article,

Set up and use Savings in Apple Wallet - Apple Support

Did you follow all the steps I outline above? You checked and verified the basic requirements? The few community members experiencing issues usually find their iPhone is not updated to iPhone iOS 16.4.1.

That’s great news. Enjoy your new Apple Savings Acoount!

I've followed all instructions to the letter. However, when opening the Daily Cash window I am not presented with an option to open a Savings Account. Why?

Got it! Had my phone set to update automatically but for some reason it had not downloaded 16.4.1. Now downloading so hopefully will correct my problem. Thanks.

That’s great news. Enjoy your new Apple Savings Account!