How to Use Apple Card for Cashback
If you’re wondering how to make the most out of your Apple Card and maximize your cashback rewards, you’re in the right place. The Apple Card is more than just a credit card; it’s a financial tool designed to reward you for your everyday purchases. Whether you’re using it for groceries, online shopping, or subscriptions, you can earn cashback effortlessly. But how does it work? What are the best ways to optimize your cashback? Let’s dive into everything you need to know to start earning and saving today.
Apple Card Cashback: How Does It Work?
The Apple Card is integrated with Apple Pay and offers a unique Daily Cash feature, which allows you to earn cashback instantly on purchases. Here’s how the rewards system works:
- 3% Daily Cash on purchases made directly with Apple, including Apple Store, App Store, Apple Music, and select partner merchants like Uber and Walgreens.
- 2% Daily Cash when using Apple Card with Apple Pay.
- 1% Daily Cash on all other purchases when using the physical Apple Card.
Unlike traditional credit card rewards that accumulate and require redemption, Apple’s Daily Cash is automatically credited to your Apple Cash card, making it instantly accessible for spending, saving, or even transferring to your bank.
How to Maximize Apple Card Cashback
To truly take advantage of the Apple Card’s cashback rewards, consider these strategies:
1. Use Apple Pay Whenever Possible
Since you earn 2% cashback when using Apple Pay versus 1% when swiping the physical card, always choose Apple Pay if the retailer supports it.
2. Shop at Apple and Partner Merchants
Purchases from Apple and selected partners earn 3% cashback. Keep an eye on Apple’s list of partners, as they sometimes add new merchants.
3. Use Apple Card for Recurring Payments
Many people forget that subscriptions like Apple Music, iCloud, and even streaming services can be paid using Apple Card, helping you accumulate steady cashback.
4. Leverage Apple Cash for More Rewards
Your earned Daily Cash can be used for additional purchases, but you can also reinvest it into Apple Pay purchases to continue earning cashback.
5. Combine With Other Apple Benefits
If you own multiple Apple devices, consider financing them with the Apple Card to get 0% interest and still earn cashback.
Frequently Asked Questions About Apple Card Cashback
1. Does Apple Card Have an Annual Fee?
No, Apple Card does not have an annual fee, making it a great option for earning cashback without extra costs.
2. How Long Does It Take to Receive Apple Card Cashback?
Unlike other credit cards, Apple Card provides cashback instantly as Daily Cash, which appears in your Apple Cash balance the same day you make a qualifying purchase.
3. Can I Transfer Apple Card Cashback to My Bank?
Yes! You can transfer your Daily Cash to your bank account through Apple Cash.
4. Is Apple Card Worth It If I Don’t Use Apple Pay?
While you’ll still earn 1% cashback, you’ll be missing out on the 2% offered through Apple Pay transactions. If your primary goal is cashback, using Apple Pay is key.
5. Does Apple Card Affect My Credit Score?
Yes, Apple Card reports to credit bureaus. Responsible usage, such as paying on time and keeping a low balance, can positively impact your credit score.
A Real-Life Story: How Apple Card Changed My Spending Habits
When I first got my Apple Card, I wasn’t sure if it would make a big difference in my finances. But after a few months of using Apple Pay for everything from coffee runs to major purchases, I noticed my cashback stacking up.
One day, I decided to check my Daily Cash balance and was surprised to see that I had accumulated over $200 in rewards—just from everyday spending! That money helped cover a portion of my iPhone upgrade, effectively reducing the cost without any extra effort.
The best part? I never had to worry about redeeming points, dealing with expiration dates, or jumping through hoops. Apple Card’s simplicity and instant rewards turned me into a smarter spender.
So if you’re considering getting an Apple Card, I can confidently say it’s one of the easiest ways to earn and use cashback effortlessly. Give it a try—you might be surprised at how much you can earn over time!