tartarin

Stabitha_Christie said:

2morrow said:

Any word on how quickly the money becomes available for withdrawal after you transfer it into Savings? I added money on Tuesday 4/18 and it is still not available to be withdrawn. I read somewhere that it said “a few days” but is looking more like a week which is fine, I just would like to know it will be 7 - x days. 

For me it’s somewhere around never. Money is there but every time I try to transfer money to my Apple Cash card the transaction failed. I tried adding a personal checking account and it won’t allow me to do that either, I’m told I have to call in and talk to a special group to add my account. 

Over two hours in the phone and neither issue is resolved. 

I had the same problem. None of my "available balance" could be transferred to Apple Cash -- the transaction was always declined. As you note, the problem was account verification by my bank. They refused to do a three-way call with Goldman Sachs and me to verify that the Apple Savings account belonged to me.

The only solution that GS could suggest was to withdraw the funds back to my checking account and try another bank. So last night I withdrew the money from Apple Savings back to the checking account from which they originally came. The money was debited immediately from Apple Savings and reappeared this morning in my checking account and is included in my available balance. I have a checking account at another bank (Wells Fargo) which I will use from now on.

I would guess that this problem could be avoided by transferring the funds from your bank to Apple Savings by setting up Apple Savings as an external account with your bank and then "pushing" the money to Apple Savings. Then verification would be done with micro deposits/withdrawals instead of by phone calls.