How do i move apple cash to my bank

Wondering how to transfer Apple Pay to the bank? Apple Cash, the Apple Pay peer-to-peer payment service similar to Venmo, is a quick way to send and receive money through your iPhone. Let's look at how to transfer Apple Cash to the bank and get the most out of this easy and efficient feature.

Related: How to Open Apple Wallet from iPhone Lock Screen in 3 Easy Steps

Why You'll Love This Tip

• Learn how to transfer money from Apple Cash to a debit card or your bank so you can use the money any time.
• Choose instant transfer to make money available within minutes for a small fee.
• Opt for transferring to your bank within 1–3 business days for no processing fee.

How to Transfer Apple Cash to Your Bank

Note: To use Apple Cash, you must be at least 18 years of age and a resident of the United States.

For more great Apple product tutorials, check out our Tip of the Day Newsletter. Now, let's walk through how to transfer money from Apple Pay to your bank.

1. Open the Wallet app or tap the Wallet icon in the Control Center. On your iPhone, you can also easily access the Wallet app from the Lock screen. 
   
   
   
   
    

2. Tap your Apple Cash card.
   
   
   
   
    

3. Tap the More icon. 
   
   
   
   
    

4. Tap Transfer to Bank.
   
   
   
   
    

5. Enter the amount you would like to transfer, then tap Next.
   
   
   
   
    

6. Select either Instant Transfer, which comes with a small fee, or 1–3 Business Days, which has no fee.
   
   
   
   
    

7. If you haven't yet linked your bank account, enter your routing and account numbers, then confirm by entering them again.
   
   
   
   
    

8. Tap Transfer.
   
   
   
   
    

9. A notification will pop up at the top of your screen to let you know the transfer request was successful. 

You now know how to transfer Apple Cash to your bank. If you selected Instant Transfer, you will see the money in your account within thirty minutes. The 1–3 Business Days option will take longer but will show up in one to three business days, as its name suggests. Once you have entered your bank account information once, you won't have to do it again. While you're learning about Apple Pay, did you know that you can also use Apple Pay Cards on your Apple Watch?

With Apple Pay on your iPhone, iPad, or Apple Watch, you can pay for things in stores, online, and within supported apps using saved credit or debit cards or an Apple Cash account balance.

But Apple Cash can also serve as a mobile payment app like PayPal, Zelle, or Venmo. That means you can send money to people you know, and the funds are taken out of your Apple Cash balance. On the flip side, you can request money from other people, and the funds are added to your balance. That balance can then be spent on future transactions or transferred to a bank account, in full or in part.

Previously, you had to use the Messages app on your Apple device to send or request money. But with iOS/iPadOS 15.5 or higher, you can do it directly in the Apple Wallet app, and the transaction then occurs within the Messages app. Here’s how to set up and use the service.

How to Set Up Apple Cash

I've been working for PCMag since early 2016 writing tutorials, how-to pieces, and other articles on consumer technology. Beyond PCMag, I've written news stories and tutorials for a variety of other websites and publications, including CNET, ZDNet, TechRepublic, Macworld, Popular Science, Time, Fortune, US News & World Report, and AARP Magazine. I spent seven years writing breaking news for CNET as one of the site’s East Coast reporters. I've also written two books for Wiley & Sons—Windows 8: Five Minutes at a Time and Teach Yourself Visually LinkedIn.