How to transfer money between Apple Cash and Apple Savings?

I set up an Apple Savings today. It only transferred a portion of my Apple Cash. I'd like to transfer it all. I can't transfer all of my Apple Cash to Apple Savings from prior years. It's been sitting there idle for a while, so I figured I'd send it over to Apple Savings. How do I transfer the remaining Apple cash? I'm not sure it will allow you to do so.


[Re-Titled by Moderator]

Posted on Apr 21, 2023 12:10 AM

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7 replies

Apr 21, 2023 04:19 AM in response to Gorilla74

Great let’s go through the transfer steps.


Deposit money into Savings


When you open Savings you agree to automatically deposit Daily Cash that you earn into your Savings account. You can also add money to Savings from a linked external bank account or from Apple Cash. 


  1. On your iPhone, open the Wallet app and tap Apple Card.
  2. Tap Savings account, then tap Add Money.
  3. Enter the amount that you want to add, then tap Add.
  4. Select or add the payment source that you want to add money from.
  5. Double-click the side button to confirm with Face ID, Touch ID, or your passcode.


Money that you deposit into Savings starts earning interest on the day that the transfer is initiated from the Wallet app.


If you transfer money from Apple Cash, the funds are typically available instantly. If you transfer money from a linked external bank account, it will generally take a few days for funds to be available for withdrawal.


Step 4. trips a lot of members up.


Set up and use Savings in Apple Wallet - Apple Support



Apr 21, 2023 07:24 AM in response to Jeff Donald

Yes, I know these details. When I get to step 4, there is no option to add Apple Cash to my Apple Savings, only the two banks I use to pay my balances. This is why I wrote this post, to begin with.


So, if you can help me add my remaining Apple Cash, to the savings account, I'd be most grateful. Would a VPN pose a problem?


Thanks for your assistance in helping me think through the remaining options.

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How to transfer money between Apple Cash and Apple Savings?

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