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Apple Raises Apple Cash Instant Transfer Fee to 1.7% on Feb. 18

Free ACH transfers remain available for bank deposits.

Overview

  • The instant option will carry a $0.25 minimum and a higher $25 maximum per transfer.
  • The current 1.5% fee with a $15 cap applies until February 17.
  • A $1,000 instant withdrawal will cost $17 after the change, up from $15 today.
  • Instant Transfer delivers funds to a bank account within minutes, while ACH typically takes one to three business days.
  • Apple Cash is limited to the United States, and users were notified of the change via updated terms.