How to Withdraw Money from Apple Pay Balance to Your Bank Account
Learn the step-by-step process to transfer and withdraw money from your Apple Pay balance to your bank account quickly and securely.
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To withdraw money from your Apple Pay balance, you'll need to transfer it to your bank account first. Open the Wallet app on your iPhone, tap on your Apple Cash card, then select the More button (...). Choose Transfer to Bank, enter the amount you want to withdraw, and confirm with Instant Transfer (for a fee) or 1 to 3 Business Days (free). You’ll need to have a bank account linked and verified on Apple Pay to complete this process.
FAQs & Answers
- Can I withdraw money from Apple Pay without linking a bank account? No, to withdraw money from your Apple Pay balance, you must have a linked and verified bank account connected to your Apple Pay.
- How long does it take to transfer money from Apple Pay to a bank? You can transfer money instantly using Instant Transfer with a small fee, or choose the free transfer which takes 1 to 3 business days.
- What fees apply when withdrawing money from Apple Pay? Using Instant Transfer to withdraw money from your Apple Pay balance incurs a small fee, while the standard bank transfer option is free but slower.
- Can I use Apple Pay balance for payments without withdrawing? Yes, you can use your Apple Pay balance directly to make purchases or send money without needing to withdraw it to your bank.