Some Apple Savings users unable to transfer or withdraw funds to external bank accounts (workaround inside)

In the fast-paced digital world, financial technology has revolutionized the way people manage their money.

Mobile banking apps have become increasingly popular, providing users with convenient access to their funds and a range of financial services.

Apple Savings, a well-known platform in the mobile banking industry was also launched with the aim of maximizing savings by offering a 4.15% APY.

Apple Savings users unable to transfer or withdraw funds to external bank

However, lately, the inability to transfer or withdraw funds from Apple Savings to external bank accounts has become a pressing issue for some users.

Transfers from Apple Savings to external accounts
Has anyone done this yet? If so, how long was the transfer time from Apple Savings to the external account of your choice?
Source

Users have reported encountering error messages or glitches while doing so when withdrawing funds from Apple Savings to external bank accounts. For reference, you can check the screenshot of the error message below:

So those who use Apple Savings as a savings account are frustrated to find that they are unable to transfer their accumulated funds to other banks. This only undermines the trust that they have placed in the platform.

Potential workaround

So far, Apple hasn’t acknowledged the issue where Apple Savings users are unable to transfer funds to external bank accounts.

But we have come across a workaround that can help fix the issue temporarily. It involves adding funds to Apple Cash card first before transferring to savings.

We hope that Apple addresses such issues promptly, providing transparent communication, and taking proactive measures to prevent recurrences.

Till then, we’ll keep an eye on this matter and update this story to reflect noteworthy developments.

Note: We have more such stories in our dedicated Apple Section so be sure to follow them as well.

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