Apple Cash Limit: A Guide to Person-to-Person Payment Limits and More

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Apple Cash is a convenient way to send and receive money, but like any financial service, it has its limits. The daily limit for Apple Cash transactions is $1,000 per day, and the weekly limit is $10,000.

You can check your Apple Cash limit by going to the Wallet app on your iPhone or iPad, and then tapping on the Apple Cash card. You'll see your available balance and transaction history, as well as any limits that may be in place.

If you need to send or receive more than your daily or weekly limit, you can contact Apple Support for assistance. They can help you increase your limit or resolve any issues with your account.

Remember, Apple Cash limits are in place to protect you and your financial information, so it's always a good idea to review your account regularly and stay within the limits.

Money Transfer Issues

If you're having trouble sending or receiving money with Apple Cash, don't worry, we've got you covered.

Credit: youtube.com, Does Apple pay have a limit?

First, check if you're within the Apple Cash limits, as this might be the reason you're unable to send or receive money.

If you're trying to send money and getting stuck, be aware that there are no fees for payments made from debit cards or your Apple Pay Cash card balance.

On the other hand, if you're using a credit card, you'll be charged an additional 3% of the total amount.

Here's a quick rundown of the fees involved:

  • No fees for payments from debit cards
  • No fees for payments from Apple Pay Cash cards
  • 3% of total payment from credit cards

Balance Limits

The balance limits for Apple Cash are pretty straightforward, but it's always good to know what they are. You can have a maximum of $20,000 loaded to your Apple Pay Cash card at any time, but you'll need to have your identity verified to reach this limit.

You can add money to your balance using a supported United States debit card or prepaid card that's in Apple Pay. The minimum you can add per transaction is $10, and the maximum is $10,000. Within a 7-day period, you can add a maximum of $10,000.

Credit: youtube.com, Apple Credit Card Limit Increase | How To Quickly Increase Your Limit

However, if you're part of Apple Cash Family, the maximum Apple Cash balance you're allowed to have as a participant is $4,000. You can also be limited by the available balance on your debit or prepaid card or limits from your bank or card issuer.

Here are the limits for adding to your balance:

  • Minimum: $10 per transaction from debit/prepaid to your balance
  • Maximum: $3,000 per transaction from debit/prepaid to your balance
  • Maximum: $10,000 per 7-day period from debit/prepaid to your balance

These limits are only on Apple's side, so be sure to check with your debit or prepaid card's issuing bank for their limits as well.

Monthly Installments

Apple Card Monthly Installments is an interest-free payment option that allows you to pay for eligible Apple products over time.

You can use Apple Card Monthly Installments to buy multiple devices, each with its own installment plan.

The amount you finance for each device is subtracted from your available Apple Card credit.

The number of devices you can buy is only limited by your available credit.

The total amount you finance increases if you buy an AppleCare+ plan.

Credit: youtube.com, Apple Card Monthly Installments | Everything You Need To Know

Taxes and shipping are not included in your monthly installments, but are billed to your Apple Card and subject to your Apple Card variable APR.

Apple Card Family participants can make a purchase using Apple Card Monthly Installments if the account owner or co-owner has not set a transaction limit for the participant.

If the account owner or co-owner has set a transaction limit, it must be at least equal to the total purchase price of the eligible Apple product, including tax and shipping.

Frequently Asked Questions

What is the maximum I can pay on Apple Pay?

The maximum payment limit for Apple Pay varies, with some retailers allowing payments up to £100. However, you can make payments for any amount with Apple Pay, subject to retailer limits.

Victoria Funk

Junior Writer

Victoria Funk is a talented writer with a keen eye for investigative journalism. With a passion for uncovering the truth, she has made a name for herself in the industry by tackling complex and often overlooked topics. Her in-depth articles on "Banking Scandals" have sparked important conversations and shed light on the need for greater financial transparency.

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