Adding money to Apple Savings can be automatic or manual. Users can set up their accrued Daily Cash rewards from Apple Card purchases to be automatically deposited in the account. There's also the option of setting up direct deposit, thanks to an available account and routing number. However,...
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Have you verified the new account? Verification is required by Federal regulations and it’s designed to protect account owners, and fraud and money laundering. Typically, you can verify your account through the external account using their App or website. I did this with several major banks ...
Since Apple isn't actually a bank (at least not yet), Apple Cash isbacked by Green Dot Bankbehind the scenes, which means your money is Federal Deposit Insurance Corporation (FDIC) insured just like it would be in a normal bank account. Don't be too surprised if you see this name com...
If you want to learn more on the topic, search Federal Reserve Regulation D. Lots public on it and Fed suspended it due to COVID. The suspension doesn’t really exist, but some banks still follow it. Fed has no comment, but it’s doubtful they’ll reimpose the regulation. Some banks...
Per Apple’s terms and conditions, your registered Apple Cash account has insurance from the Federal Deposit Insurance Corp. through a partner bank. Funds are insured for balances up to $250,000 by the FDIC. Tip: If you’ve built up a balance in your Apple Cash account and you also have...
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Rev. May 2024 FACTS What does Apple Bank do with your personal information? Why? Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some, but not all sharing. Federal law also requires us to tell you how we collect, share, and...
Nearly three years after Energousdebutedits wire-free "power-at-a-distance" charging system called WattUp, the Federal Communications Commission has nowapproved the technology. Specifically, the FCC certification is for the company's first-generation WattUp Mid Field transmitter, which powers up devic...
Germany's antitrust regulator, the Federal Cartel Office, has launched a probe into Apple and Amazon over the policy of "brandgating." The policy allows the makers of branded products, such as the iPhone, to have independent sellers removed from the retail platform, providing Amazon can sell ...