"Starting February 18, Apple Cash instant transfers will cost more If you ever need to send an iPhone user some money, There are two aspects to the increase. The base rate of 1.5% is increasing to 1.7%, but the max fee is also going up. So if you’re transferring a large sum of money in an instant transfer, the new max fee will be $25, up from $15. And it will be easier to hit that maximum due to the higher 1.7% fee."