Apple Inc. AAPL has launched a promotion for new Apple Card customers, boosting the Daily Cash back offer on purchases made using the credit to 10%, from the usual range of 1% to 3%.
What Happened: Apple is running a promotion for new Apple Card customers who sign up between July 11 to July 25, boosting the Daily Cash back limit to 10% on qualifying spends.
Apple Card customers who sign up during this period will get a total cash back of 10% on App Store purchases and spends on other Apple services. This temporary boost in cash back on purchases will last for six months from the date of signing up.
Essentially, users can score a cash back of $100 on qualifying purchases made during this period. This means your total qualifying spending will have to be $1,000 for you to maximize the amount of cash back.
Qualifying purchases include Apple Arcade, Apple Music, Apple One, Apple News+, Apple TV+, iCloud, AppleCare+, Apple Podcasts subscriptions, Apple Books, and Apple Fitness+.
Other Conditions: To make sure you are eligible for the cash back, you will need to fulfill the following conditions:
- Apple Card must be associated with the Apple ID you use for purchases in the App Store.
- All your digital Apple accounts must have zero balance – if you have any credit left in any of these accounts, make sure you use it up before applying for the Apple Card and making purchases.
For detailed terms and conditions, head over to the Apple Card website.
Image Credits – Apple
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