How to transfer Apple Cash to your bank account
Apple Cash sits in a digital wallet on your phone, but the money itself lives in an account Apple holds for you. To move it to your bank, you use the Wallet app to start a transfer — Apple then sends the money to whichever bank account you've linked to your Apple ID. The transfer usually takes one to three business days, though it can be faster depending on your bank.
You don't need to do anything special to prepare. As long as you have a U.S. bank account and your Apple Cash balance is in U.S. dollars, you can transfer whenever you want. There's no fee from Apple for moving the money out.
Key Takeaways
- Open the Wallet app, tap your Apple Cash card, and select the menu icon to find the transfer option.
- You can only transfer to a bank account you've already linked to your Apple ID — you cannot add a new account during the transfer process.
- Transfers take one to three business days, though some banks process them faster.
- Apple does not charge a fee to move money out of Apple Cash, but your bank may charge a fee for receiving transfers.
- You can transfer any amount up to your full Apple Cash balance, and there is no daily or monthly limit on how much you can move.
Step-by-step: transferring Apple Cash to your bank
Start by opening the Wallet app on your iPhone or iPad. Tap the Apple Cash card — it's the one with the Apple logo and your name on it. Look for the three dots (called a menu icon) in the upper right corner and tap it.
Scroll down until you see "Transfer to Bank" or "Cash Out." Tap that option. The app will show you the bank account you have linked to your Apple ID. If you only have one account linked, it will be selected automatically. If you have more than one, choose the account where you want the money to land.
Enter the amount you want to transfer. You can move any part of your balance or all of it. Tap "Continue" or "Confirm," depending on what your version of the app shows. Apple will ask you to verify the transfer using Face ID, Touch ID, or your Apple ID password. Complete that step, and the transfer is submitted.
You'll see a confirmation screen with a reference number. Take a screenshot or write down that number — if something goes wrong, you'll need it to contact Apple Support. The money should appear in your bank account within one to three business days.
What to do if you haven't linked a bank account yet
If you try to transfer and the app tells you no bank account is linked, you need to add one before you can move money out. Go to Settings on your iPhone, tap your name at the top, then select "Payment & Shipping." Look for "Add Payment Method" and choose "Bank Account." Enter your routing number and account number — you can find both on a check, or call your bank and ask.
Apple will verify the account by depositing two small amounts (usually under a dollar each) into it. Your bank will show these deposits within a few business days. Once you see them, go back to Settings, find the bank account you just added, and enter the two amounts to confirm it's yours. After that, you can transfer Apple Cash to that account.
This verification step exists to make sure you actually own the bank account and to prevent fraud. It adds a few days to the process, but you only have to do it once per account.
Why transfers take time
When you hit "confirm" on a transfer, Apple doesn't when ready move the money to your bank. Instead, Apple submits the transfer request to the banking system, which processes it overnight or the next business day. Your bank then receives the transfer and adds it to your account — this step can take another day or two depending on how your bank processes incoming transfers.
Weekends and bank holidays slow things down. If you transfer money on a Friday evening, your bank may not process it until Monday, so it could take until Wednesday to show up. If you transfer on a holiday, the clock doesn't start until the next business day.
Some banks, particularly larger ones, offer faster processing and may show the money the same day or next morning. Smaller banks and credit unions sometimes take the full three days. If you need the money urgently, call your bank and ask how long their incoming transfers usually take.
Limits and fees to know about
Apple does not charge you a fee to transfer money out of Apple Cash. However, your bank might. Some banks charge a small fee for receiving transfers from third parties, though most do not. Check your bank's fee schedule or call and ask whether they charge for incoming transfers.
There is no daily limit on how much you can transfer, and no monthly cap either. You can move your entire Apple Cash balance in one transfer if you want. The only limit is the amount of money you actually have in Apple Cash — you cannot transfer more than your current balance.
If you're moving a large amount, keep in mind that your bank may flag it for fraud review, especially if it's unusual for your account. This doesn't stop the transfer, but it might trigger a call from your bank asking you to confirm it was you. That's a safety measure on their end, not an Apple Cash issue.
What to do if the transfer doesn't show up
If three business days have passed and the money hasn't arrived, start by checking your bank account carefully — sometimes transfers land in a different way than you expect, or your bank's app doesn't show pending deposits when ready. Call your bank's customer service line and give them the reference number from your Apple Cash transfer confirmation. They can look up the transfer on their end and tell you whether it arrived or got stuck.
If your bank says they never received it, contact Apple Support through the Wallet app or at support.apple.com. Have your reference number ready. Apple can investigate what happened and resubmit the transfer if it failed. This is rare, but it does happen occasionally with technical glitches.
Do not try to transfer the same amount again while you're waiting for the first one to arrive — this can create duplicate transfers and make the problem harder to untangle. Wait for your bank to confirm they didn't receive it before you resubmit.
Frequently Asked Questions
Can I transfer Apple Cash to someone else's bank account?
No. You can only transfer to a bank account linked to your own Apple ID. If you want to send money to someone else, use the person-to-person transfer feature in Wallet instead, which sends it directly to their Apple Cash or their bank account if they're set up to receive it that way.
What if my bank account information changed?
Update your bank account in Settings before you transfer. Go to Settings, tap your name, select "Payment & Shipping," and edit the bank account details. If you've already submitted a transfer to an old account number, contact Apple Support with your reference number — they may be able to redirect it, though this is not always possible.
Do I have to transfer all my Apple Cash at once?
No. You can transfer any amount, from a few dollars to your entire balance. You can also transfer multiple times — there's no limit on how often you move money out or how much you move in total.
What happens to my Apple Cash card after I transfer the money?
Your Apple Cash card stays active and ready to use. Transferring money out doesn't close the account or change anything about how it works. You can still receive money from other people, and you can add more money to it whenever you want.
Is there a minimum amount I have to transfer?
No. You can transfer $1 or $0.50 if you want. Some banks may have their own minimums for incoming transfers, so if you're moving a very small amount, check with your bank first to make sure they'll accept it.