Open Settings and go to Wallet & Apple Pay
To change the bank account linked to Apple Cash, start on your iPhone or iPad. Open the Settings app, then tap Wallet & Apple Pay. You'll see your Apple Cash card listed under the cards section.
Tap on your Apple Cash card. A details screen will open showing your current card information and linked bank account. From here, you can access the option to change your funding source.
Remove the old bank account and add a new one
On the Apple Cash card details screen, look for the option to edit your funding source or linked bank account. Tap Edit Funding Source or a similar option (the exact wording varies by iOS version). This will show you the bank account currently connected to your Apple Cash.
To switch to a different bank account, you'll need to remove the current one first. Tap the option to delete or remove the linked account. Apple will ask you to confirm. Once removed, tap Add Funding Source or Add Bank Account.
Enter the routing number and account number for your new bank account. You can find these on a check, in your bank's mobile app, or by calling your bank directly. Make sure you enter the correct account type—checking or savings—because a mismatch will cause transfers to fail.
Verify your new bank account
After you enter your new account details, Apple will send two small deposits to that account, usually within one to three business days. These deposits are typically less than $1 each and appear in your bank statement with a code.
Once the deposits arrive, return to Settings > Wallet & Apple Pay > Apple Cash and enter the two deposit amounts to verify ownership of the account. Until you complete this verification, you won't be able to transfer money to or from your Apple Cash using the new bank account.
If the deposits don't arrive within five business days, contact your bank to confirm they received them. Some banks flag small deposits as suspicious and hold them temporarily.
Key Takeaways
- You change your Apple Cash bank account through Settings > Wallet & Apple Pay, then tap your Apple Cash card and select the option to edit your funding source.
- You must remove your old bank account before adding a new one; Apple does not allow multiple linked accounts for a single Apple Cash card.
- Apple sends two verification deposits to your new account, which you must confirm by entering the amounts back into the app before transfers will work.
- Verification deposits typically arrive within one to three business days, but can take up to five; contact your bank if they don't show up.
- Make sure you enter the correct routing and account numbers, because errors will prevent transfers and may lock your account temporarily.
What happens to money already in your Apple Cash
Changing your linked bank account does not affect the balance you already have in Apple Cash. Any money sitting in your Apple Cash wallet stays there and remains usable for payments and transfers to other people.
The bank account change only affects where money comes from when you load funds into Apple Cash, and where money goes when you transfer Apple Cash back to a bank account. Your existing Apple Cash balance is separate from your bank account and is not tied to any particular funding source.
Troubleshooting a failed bank account change
If you see an error message when trying to add your new bank account, the most common cause is incorrect routing or account information. Double-check both numbers against your bank statement or your bank's app. Even a single digit off will cause the addition to fail.
If the verification deposits don't arrive after five business days, your bank may have rejected them. Contact your bank's customer service and ask whether they received two small deposits from Apple. Some banks require you to whitelist Apple as a trusted sender before they'll accept transfers.
If your account is locked or you see a message saying you can't change your funding source, you may have hit a security hold. This usually lifts after 24 hours. If it persists beyond that, contact Apple Support through the Wallet app or by calling Apple directly.
Transferring money from your old account after the switch
Once your new bank account is verified, you can load Apple Cash from the new account immediately. However, if you want to transfer money back to your old bank account, you'll need to add that account as a separate funding source or contact your old bank to request an incoming transfer.
Apple Cash transfers to a bank account typically take one to three business days. The speed depends on your bank, not on Apple. If you need the money faster, consider keeping a small balance in Apple Cash or using a different transfer method.
Frequently Asked Questions
Can I have two bank accounts linked to Apple Cash at the same time?
No. Apple Cash allows only one linked bank account at a time. You must remove the old account before adding a new one. If you need to transfer money to multiple accounts, you can add a different account after removing the current one, but you cannot have both active simultaneously.
How long does it take to verify a new bank account?
Verification deposits typically arrive within one to three business days. Once they arrive in your bank account, you enter the amounts into the Apple Cash settings to confirm ownership. The entire process usually takes three to five business days from start to finish, depending on your bank's processing speed.
What if I enter the wrong verification amounts?
If you enter incorrect amounts, Apple will tell you immediately and let you try again. You have multiple attempts to get it right. If you can't remember the exact amounts, check your bank statement for the two small deposits from Apple and use those figures.
Do I lose my Apple Cash balance if I change my bank account?
No. Your Apple Cash balance stays in your account and remains usable for payments and peer transfers regardless of which bank account is linked. Changing your funding source only affects how you load money into Apple Cash and where transfers out go.
Can I change my bank account on an iPad or Mac?
You can view your Apple Cash details on iPad or Mac, but you must make changes on an iPhone. Open Settings on your iPhone, go to Wallet & Apple Pay, and follow the steps to change your bank account. The change will sync to your other devices once it's complete.