The iPhone's Wallet app is getting a huge new feature but only in the UK

Wallet app icon
(Image credit: Apple / Future)

Apple might only have just released iOS 17 to the public but it's already moving on to its next big update. That'll be iOS 17.1 and it's now available for developers to put through its paces, which means we're starting to learn more about what it will offer. And if you're in the UK, it's going to bring a game-changing feature to the Wallet app.

The iPhone's Wallet app is where you normally go to add new Apple Pay cards or find that loyalty card for the store you're in. But with iOS 17.1, it'll go further than ever by showing you all of your bank transactions and your current balance.

The catch? It'll only be available in the United Kingdom and even then, only if you happen to use one of a handful of banks.

The Wallet app just got interesting

The iOS 17.1 update's big new feature was shared by people on X before being spotted by 9to5Mac. As the outlet notes, the banking will work with Barclays, HSBC, Lloyds, RBS, Monzo, and Starling initially, although more could come online later. All of these banks use the UK's Open Banking API which allows the Wallet app to connect to their services without storing any credentials or actually holding any of the data itself. That means Apple doesn't see your transactions or data, most importantly. But it also means that the setup required to make the new feature work is minimal, too.

Information can be displayed in the Wallet app for all cards held by those specific banks so long as they have been added for Apple Pay use.

As for when this will roll out internationally, it's hard to know. Nor do we know when iOS 17.1 will be available to everyone, although the educated guess would be within the next few weeks.

Oliver Haslam

Oliver Haslam has written about Apple and the wider technology business for more than a decade with bylines on How-To Geek, PC Mag, iDownloadBlog, and many more. He has also been published in print for Macworld, including cover stories. At iMore, Oliver is involved in daily news coverage and, not being short of opinions, has been known to 'explain' those thoughts in more detail, too. Having grown up using PCs and spending far too much money on graphics card and flashy RAM, Oliver switched to the Mac with a G5 iMac and hasn't looked back. Since then he's seen the growth of the smartphone world, backed by iPhone, and new product categories come and go. Current expertise includes iOS, macOS, streaming services, and pretty much anything that has a battery or plugs into a wall. Oliver also covers mobile gaming for iMore, with Apple Arcade a particular focus. He's been gaming since the Atari 2600 days and still struggles to comprehend the fact he can play console quality titles on his pocket computer.