Apple Cash Gets a Fresh Upgrade: Mastercard Now Baked Into the Mix
Apple just dropped a tiny, but tasty update to Apple Cash. Good news for all those who messed up the card tabs in their wallet: you can now transfer money using a Mastercard debit card, not just the old Visa VIPs.
The Big Deal
- Mastercard Friendly – Send cash from your Apple Cash balance straight to your bank with a Mastercard debit card.
- Instant Transfer – Wave goodbye to the waiting game. Your money zips over in a flash, no processing delays.
- Easy setup – Just link your card in the Apple Cash app, and you’re good to go.
What’s New Besides the Mastercard magic
Apple sprinkled a few extra perks into the update: smoother user experience, better transaction notifications, and a few snazzy security tweaks to keep your cash safe.
In a nutshell
With this update, if you ever find yourself frowning at a sticky “Visa only” message, you can now breathe easier. Just connect your Mastercard through the app and happily move money around. Apple keeps making their ecosystem a bit more flexible, as if they secretly listen to all those fan emails that say, “Just give us one more card type!”
So next time you need to send a quick “thanks for the coffee” or repaid a friend, pull up Apple Cash, hit the transfer button, pick Mastercard, and watch your money hop straight to your bank account—almost instantly.
Apple Cash Fee Update: What You Need to Know
Heads up, Apple users! Starting August 26, 2021, Apple Cash will charge a 1.5% fee on every transfer instead of the old 1%. Think of it as a “slightly higher tax” for the convenience of instant money moves.
Fee Limits Explained
- Minimum fee: $0.25 per transaction – because nothing is free in tech land.
- Maximum fee: $15 per transaction – it won’t turn your pockets into endless piles.
So whether you’re pilfering a little or pummeling a large sum, the fee will always stay within that sweet spot.
Alternative: ACH Transfers
If you’re not keen on paying those fees, simply move the money from your Apple Card balance to a bank account via ACH. It takes about 1–3 days and keeps the fee at zero.
Why Use Apple Cash?
- Peer-to-peer payments: Send and receive money in iMessage with a few taps.
- Apple Card integration: Merge your payments effortlessly with your Apple Card.
- Apple Pay acceptance: Spend all your Apple Cash balance at any Apple Pay‑capable store.
Apple Cash is currently limited to the United States. For more juicy details, hop onto Apple’s website.
