How to Access & View Apple Savings Account
The Apple Savings Account is available only to Apple Card holders, for now anyway, and while the interest rate on savings is competitive, one of the quirks of an Apple Savings Account is how you access the account itself.
There is no dedicated Apple Savings app, and not even a dedicated Savings tab within the Wallet app, and there is no website to login to where you can access your account or funds. So, how do you view your Apple Savings Account and how do you access it?
Like so many other features of modern iOS, where things are tucked away behind layers of obfuscation or in unexpected places, you’ll be forgiven if you opened an account only to be confused on how to access it, so here’s a tutorial to explain.
How to Access Apple Savings Account on iPhone
Currently, you can only access Apple Savings Accounts in the Wallet app, through the Apple Card. Yes you read that correctly, you must go to your Apple Credit Card to access your Apple Savings Account. Weird!? Maybe. Anyway, here’s how it’s done:
- Open the Wallet app on iPhone
- Tap on your Apple Card
- Scroll down below card details and balances to find “Savings” and tap on that
- You’re now in your Apple Savings Account, where you can view your balance history, interest details, withdraw funds, or add funds
There you have it, you’re now in your Apple Savings Account.
How do you Add Funds or Withdraw from Apple Savings Account?
Access your Apple Savings Account through the Wallet app > Apple Card > Savings > as described above.
If you want to add funds to your Apple Savings Account, tap on the “Add Money” button here.
If you want to withdraw funds from your Apple Savings Account, tap on the ‘Withdraw’ button here.
Where is the Apple Savings app? Does Apple Savings have a dedicated app?
There is no Apple Savings app, currently. The Apple Savings Account is only accessible through the Wallet app, for the time being anyway.
Is there a website to login to Apple Savings Account?
Currently, there is no website or alternative method to access your Apple Savings Account. The only way to access Apple Savings Account is from within the Wallet app on iPhone.
What happens if you lose your iPhone and Apple ID? How do you access your Apple Savings Account if you lost your login information and iPhone?
Great question! This would be something better answered by the official Apple Support channels through https://getsupport.apple.com/, or perhaps directly through the underlying bank, Goldman Sachs.
The Apple Savings Account is fairly new, so it remains uncertain how things like losing your Apple ID apply to accessing your Apple Savings Account and your money.
Typically if you lose your Apple ID, or someone steals it and changes the password, or someone nefarious obtains the recovery key and locks you out, you’re out of luck permanently and locked out of your account forever, as the Wall Street Journal recently covered. Maybe with the inclusion of Apple Savings Accounts and FDIC insurance on the line and tied to an Apple ID, there will be a new account recovery option? But as of now, this remains unclear.
Presumably, an account holder could access their money by proving their identity to Goldman Sachs, but what happens to the related Apple ID if it were lost or stolen, is also unclear.
This post was inspired by a friend who excitedly setup their Apple Savings Account when it first debuted, only to be confused and annoyed that they couldn’t figure out how to access the account a few days later. They expected a dedicated app, or a tab, or a web portal (like most online savings accounts), but of course found none of those, and soon they had broader questions about the security of the account and it being tied to their Apple ID. Fair questions and concerns!
What do you think of Apple Savings Account? Did you open one? Will you use it for all of your savings needs? Would you trust up to $250,000 (FDIC insurance limit per account balance) in an online savings account that can only be accessed by the Wallet app and by your Apple ID? Let us know your thoughts in the comments!