Apple Cash and person to person payments limits - Apple Support (2024)

Here are the limits associated with using Apple Cash and person to person payments.

Apple Cash and person to person payments limits - Apple Support (1)

Apple Cash balance limit

The maximum Apple Cash balance you're allowed to have after verifying your identity is $20,000.1,2

If you're part of Apple Cash Family, the maximum Apple Cash balance you're allowed to have is $4,000.

Apple Cash and person to person payments limits - Apple Support (2)

Adding money from a debit card or prepaid card

You can only add money from a supported United States debit card or prepaid card that's in Apple Pay.3 Here are the limits:

You might also be limited by the available balance on your debit or prepaid card or limits from your bank or card issuer.

If you're part of Apple Cash Family

  • Per transaction, you can add a minimum of $10.

  • Per transaction, you can add up to $2,000.

  • Within a 7-day period, you can add a maximum of $2,000.

Apple Cash and person to person payments limits - Apple Support (3)

Sending or receiving limits

  • Per message, you can send or receive a minimum of $1.

  • Per message, you can send or receive up to $10,000.

  • Within a 7-day period, you can send or receive a maximum of $10,000.

You might also be limited by the available balance on your debit or prepaid card or limits from your bank or card issuer.

If you're part of Apple Cash Family

  • Per message, you can send or receive a minimum of $1.

  • Per message, you can send or receive up to $2,000.

  • Within a 7-day period, you can send or receive a maximum of $2,000.

Apple Cash and person to person payments limits - Apple Support (4)

Transferring money to your debit card or bank account

  • You can transfer a minimum of $1 to your debit card or bank account, or your full balance if it's under $1.

  • You can transfer up to $10,000 to your debit card or bank account in a single transfer.

  • Within a 7-day period, you can transfer up to $20,000 to your debit card or bank account.

  • For Instant Transfer, a 1.5 percent fee (with a minimum fee of $0.25 and a maximum fee of $15) is deducted from the amount of each transfer.

  • With Instant Transfer, limits don't include fees.

To transfer money to your debit card, you must have an eligible debit card in the Wallet app.

If you're part of Apple Cash Family

  • You can transfer a minimum of $1 to your debit card or bank account, or your full balance if it's under $1.

  • You can transfer up to $2,000 to your debit card or bank account in a single transfer.

  • Within a 7-day period, you can transfer up to $4,000 to your debit card or bank account.

  • For Instant Transfer, a 1.5 percent fee (with a minimum fee of $0.25 and a maximum fee of $15) is deducted from the amount of each transfer.

  • With Instant Transfer, limits don't include fees.

To have an eligible U.S. debit card or prepaid card in the Wallet app, you must be at least 13 years old. To transfer money to or from an eligible debit card and use Instant Transfer, you must also be at least 13 years old.

  1. Green Dot Bank will notify you as required by applicable law if these limits decrease. However, please note that Green Dot Bank may lower these limits, impose additional limits, or cancel, delay, or block a transaction without prior notice for security reasons or as otherwise described in the Terms and Conditions.

  2. Sending and receiving money with Apple Pay and the Apple Cash card are services provided by Green Dot Bank, Member FDIC. Learn more about the Terms and Conditions.

  3. Not all prepaid cards may be eligible to use with this feature.

Published Date:

Apple Cash and person to person payments limits - Apple Support (2024)

FAQs

What is the limit on Apple Pay person to person? ›

Per transaction, you can add up to $2,000. Within a 7-day period, you can add a maximum of $2,000.

Is there a limit on how much you can pay with Apple Pay? ›

Using Apple Pay

There's no limit to how much you can pay in one transaction.

Is there a limit on Apple Cash daily? ›

There's no limit to how much Daily Cash you can get, and you can choose where it goes. Grow your Daily Cash by having it automatically deposited into Savings so that you earn interest. Or have Daily Cash automatically deposited into Apple Cash so that you can spend it, or send it to other people that you know.

How do I check my Apple Cash limit? ›

You can view your Apple Cash balance on your Apple Cash card in the Wallet app or in Settings > Wallet and Apple Pay.

Can you send $5000 through Cash App? ›

A: Cash App's maximum daily transfer limit typically ranges from $2,000 to $7,500, depending on factors such as account verification status and transaction history Call +1(808)800–5134. Users can check their specific daily limit within the Cash App settings.

What is the sending limit on cash App? ›

Cash App lets you send and receive up to $1,000 within any 30-day period. If you have verified your identity using your full name, date of birth, and your SSN, then you will have higher limits. If we are unable to verify your account using this information, we may ask you to provide additional information.

Does Apple Pay report to the IRS? ›

A 1099-K form reports payment card and third-party network transactions to the IRS. It reports income received from electronic or online payments, such as credit cards, debit cards, Apple Pay, Samsung Pay, Android Pay, PayPal, and other non-cash payment types.

What are the disadvantages of Apple Wallet? ›

Cons of Apple Pay

Apple Pay is not accepted at all retailers and not compatible with all banks or card issuers. Backup may be required, just in case. Apple Pay only works if your phone does. You may still need to carry a physical credit card as a backup in case your battery dies or you misplace your phone.

Is there a fee to send money on Apple cash? ›

There's no fee to send, receive, or request money using Apple Cash. Setting up Apple Cash doesn't affect your credit and won't be impacted by any credit freezes. To protect your account, you might be asked to verify your identity at certain points when using Apple Cash.

Why can't I use Apple cash as a payment method? ›

Your account may be locked if there's suspected fraud on the account, or if additional security checks need to be completed. If your account is locked, you can't use Apple Cash to make purchases, send or receive money, add money to your account, or transfer money to your bank.

Why is my Apple Pay cash declined? ›

If you're trying to send money from your debit card in Wallet using Apple Cash, and you see a message that the payment couldn't be completed because it was declined by your bank, contact your bank or card issuer.

What is Apple Pay vs Apple cash? ›

Apple Pay: The system in your iPhone that makes digital payments possible. Apple Card: A digital and physical credit card. Apple Cash: Like a prepaid debit card in your Apple Wallet that allows you to send and receive money.

How do I fix Apple cash restrictions? ›

>>If your Apple Cash account is restricted

Your activity has probably passed a certain dollar threshold and now federal banking regulations have activated that require Green Dot Bank to verify you identity. You're welcome to contact an Apple Cash specialist at Green Dot Bank.

How much cash does Apple hold? ›

Apple now has $162.1 billion in cash on hand, according to the company's fiscal fourth-quarter earnings report released Thursday. The figure is below the company's cash pile from its fiscal third quarter of 2023, when it reported $166.5 billion.

Can you pay more than 100 with Apple Pay? ›

How it benefits you. Apple Pay is easy and works with the Apple devices you use every day. You can make secure contactless purchases above the £100 limit in shops, apps and on the web. It's a safer way to pay, and just as simple as using your plastic card for the next evolution of contactless payments.

Can I pay $10,000 with my debit card? ›

Yes, banks have debit card limits for how much you can spend or how much money you can withdraw at an ATM. Daily purchase limits can range from $300 to $10,000. Daily withdrawal limits for debit cards can vary from $200 to $5,000.

How do I increase my Apple Pay limit? ›

Request an Apple Card credit limit increase
  1. Open the Wallet app and tap Apple Card.
  2. Tap the More button. , then tap Card Details. .
  3. Tap the Message button. .
  4. Type a message requesting a credit limit increase, then tap the Send button. .

Why was my Apple Pay declined? ›

Your purchase may be declined if we suspect that the merchant you're shopping with is fraudulent or if there's other fraudulent activity on your account. Contact an Apple Pay Later Specialist if you're notified of potential fraudulent account activity. Subject to the terms of your Loan Agreement.

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