What you need to know
- You can now export your Apple Card transactions in OFX.
- Apple launched exporting for its card in January and promised that OFX was on the way.
- It means you can export Apple Card transactions into financial management and budgeting apps.
Apple Card transactions can now be exported in OFX format, following the release of support for exporting transactions back in January.
As spotted by @kylesethgray on Twitter (thanks Kyle!), you can now select Open Financial Exchange as a file format when exporting your Apple Card transactions.
@reneritchie new file format available for Apple Card transaction export pic.twitter.com/UbXRY2sUF9@reneritchie new file format available for Apple Card transaction export pic.twitter.com/UbXRY2sUF9— Kyle Seth Gray (@kylesethgray) February 11, 2020February 11, 2020
This is a server-side update, like the previous update, which means you don't need to do anything to iOS to get it. Now, when you go to export your Apple Card transactions, you should see two options instead of one, although updates can take up to 24 hours to roll out.
This is a welcome addition, as plenty of finance apps only support OFX file formats.
As with the CSV announcement:
Apple Card is a joint venture between Apple and Goldman Sachs. USPs include a very quick and easy signup option, meaning you can apply for (and be granted) a card with a limit in just a few minutes. It works with Apple Pay on your iPhone and there are lots of incentives such as cashback rewards on purchases, including up to 3% on Apple purchases, including subscriptions and services.
Currently, you have to be a US citizen or resident, aged 18 years or older in order to apply for a card.
Stephen Warwick has written about Apple for five years at iMore and previously elsewhere. He covers all of iMore's latest breaking news regarding all of Apple's products and services, both hardware and software. Stephen has interviewed industry experts in a range of fields including finance, litigation, security, and more. He also specializes in curating and reviewing audio hardware and has experience beyond journalism in sound engineering, production, and design.
Before becoming a writer Stephen studied Ancient History at University and also worked at Apple for more than two years. Stephen is also a host on the iMore show, a weekly podcast recorded live that discusses the latest in breaking Apple news, as well as featuring fun trivia about all things Apple.
I tried it. Unfortunately, import into Moneydance failed. I was not even prompted for the account to import the file to. I've also seen reports that folks have not been able to import the file into Quicken. Has anyone had success with any financial tool?
Once I actually got an import file (file creation fails without explanation from Wallet on an iPad), Quicken File>Import>Bank or Brokerage File (OFX, QFX)… fails with the dialog: "Unable to read the selected Web Connect file. Please contact your financial institution." Haven't tried contacting GS.
Direct import of Apple Card data is likely never going to happen. AppleInsider explains it well in that Apple's security policies keep it from handing off customer data to third party servers.
The generated OFX is badly format (and missing detail needed for Quicken). I am amazed that it has gotten past QA. I have some hand-on experience in this area (OFX, QFX generation) and have created a tool that I, myself, use to import Apple Card transactions into Quicken (and other personal finance software) that supports OFX/QFX/QBO import). If you would like to give it a try, use search engine to look for ac2ofx (don't have enough reputation yet to post URLs) Regards,
It's great that they are building this into the account but they need to make it online so that my application will automatically connect online to the account and download the information. I don't want to have to manually import the file. This is the only account that I have that I can't do that with using Banktivity.
Nice wallet in the thumbnail! ;)
Turns out for Quicken users that OFX is not supported. Quicken only supports its own QFX format and that's why the imports are failing.
Which is why I don't use Quicken. On the Mac I have been using Banktivity for about 4 years now.
Get the best of iMore in in your inbox, every day!
Thank you for signing up to iMore. You will receive a verification email shortly.
There was a problem. Please refresh the page and try again.