Withdrawal frequency limits?
Are there frequency withdrawal limits to an external bank with the Apple savings account?
Are there frequency withdrawal limits to an external bank with the Apple savings account?
There are restrictions/limits to withdrawals on Apple Savings Account. These limits were disclosed in the terms and conditions you agreed to when you applied. You can review the limits in by following the steps below.
On your iPhone Wallet tap Apple Card >> Savings Account >> More Button ( . . . Three dots in upper right corner) >> Account Details >> Scroll Down tap Terms and Conditions >> review restrictions and limitations for withdrawals.
Apple will be different — because whenever we have a return, Apple cash is automatically deducted. So if we have 5 returns in a month and our Apple cash is going to Savings that would trigger a warning for Savings Account withdrawals? Rare to be sure, but good to remember…
Oh you’re right, good catch! Many savings accounts have withdrawal limits but apparently the law changed in recent years, so not currently required - thanks for this.
https://smartasset.com/checking-account/savings-account-transfer-limit
Maybe you know more than I do, but I don’t see a 5 withdrawal limit in the Terms & Conditions.
Withdrawal frequency limits?