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Apple makes some changes to the Instant Transfer feature of Apple Cash

In a note to Apple Cash users, Apple notes that it’s made “a couple of updates.”They are:

° You can use Instant Transfer with Mastercard debit cards in addition to Visa debit cards. To make an Instant Transfer, go to your Apple Cash card in the Wallet app and tap the three dots. Tap Transfer to Bank, enter an amount, and select Instant Transfer.

° Beginning August 26, 2021, the cost to make an Instant Transfer will change to 1.5% of the transfer amount, with a minimum fee of $0.25 and a maximum fee of $15. The Apple Cash Terms & Conditions have been updated effective today, August 5, 2021, to reflect the new pricing.

° You can also transfer money to your bank account using ACH and receive it within 1 to 3 business days with no fee.

the authorDennis Sellers
Dennis Sellers is the editor/publisher of Apple World Today. He’s been an “Apple journalist” since 1995 (starting with the first big Apple news site, MacCentral). He loves to read, run, play sports, and watch movies.
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