How to Transfer Money Out of Apple Pay Cash

Apple is giving customers the option to transfer money out of Apple Pay Cash and into a bank account or a debit card.

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Instant Transfer

Using Instant Transfer you can transfer money to an eligible Visa debit card in the Wallet app. The money should be available within 30 minutes.

1. On your iPhone, open the Wallet app, tap the Apple Pay Cash card, then tap the three dots. On the iPad, open the Settings app, tap Wallet, then tap your Apple Pay Cash card.
2. Tap the Info tab, then tap Transfer to Bank.
3. Enter an amount and tap Next.
4. Tap Instant Transfer.
5. If you haven’t added a Visa debit card, tap Add Card and follow the instructions on your screen to add one.
6. Tap > select the Visa debit card you want to transfer funds to and select the billing information for your chosen debit card.
7. A 1% fee (with a minimum fee of US$0.25 and a maximum fee of US$10) is deducted from the amount of each instant transfer.

Bank Transfer

Using a bank transfer you’ll see the money in your account within 1-3 business days.

1. On your iPhone, open the Wallet app, tap the Apple Pay Cash card, then tap the three dots. On the iPad, open the Settings app, tap Wallet, then tap your Apple Pay Cash card.
2. Tap the Info tab, then tap Transfer to Bank.
3. Enter an amount and tap Next.
4. Choose 1-3 Business Days. If you don’t have a bank account set up, follow the instructions on your screen to add one.
5. Confirm with Face ID, Touch ID, or passcode.
6. There are no fees to transfer your money from Apple Pay Cash to your bank account.

You can transfer up to $10,000 per transfer and up to $20,000 within a seven-day period from Apple Pay Cash to your bank account. You can also only transfer your money to a bank account in the United States.

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