I deposited fund into my apple saving 6 days ago, the current balance show the amount, but available balance is 0, so I can't withdraw money to my linked external account. Does anyone knows when I can see the available balance? What is the rule?
its 2023, it should not take a week for your funds to be available. Every other bank is 2 business days.
But still that is the longest or slowest processing of transfer of funds from an external bank. Had deposited at 3am today, Im glad I didn't put all my income for today on my newly opened apple savings account.
ACH transfers are 5 business days. Deposits made after 9:30 AM ET are considered made next business day. Did you make your transfer last Friday before 9:30 AM? So, first business day was Monday 24th (past Monday) and 5th business day is tomorrow.
Thank you.
just confused about the balance is 0.
i will come back to see it next week.
appreciated for your help.
FYI: The Funds Availably for Apple Savings are spelled out in the T&C available at:
Wallet -> AppleCard -> Apple Savings Account -> More (3 dots) -> Account Details -> Terms & Conditions
I’m sorry, but I disagree. I’ve had accounts that take a week or more to transfer. Faster methods are certainly available, but rarely with a HYSA.
It’s also rare to have a HYSA that offers no fee instant transfers. Yet, Apple Savings does via Apple Cash.
It should be there tomorrow assuming you initiated the transfer 6 days ago.
that is definitely correct!
the amount was available next day.
aprreciated!
Glad I could help!
I agree, funds were taking out of my bank 6 days ago, still showing $0 available. I dont think I'll be suing the Apple Savings. not worth the hassle.
Other than the competitive interest rate …
… this “near-instant” availability of HYSA funds …
… for AppleCash-Payable “unexpected emergencies” is a HUGE benefit.
available balance of saving is 0
