The Apple Card’s cash back rate is 3% cash back on purchases made directly with Apple, 2% back on non-Apple purchases made with the card through Apple Pay, and 1% back on all other purchases.
Apple distributes cash back on a daily basis. The same day a purchase processes, the cardholder will receive the cash back for that purchase. In addition, there’s no limit to the amount of cash back that cardholders can earn.
How Apple Card Cash Back Works:
- The Apple Card awards 3% cash back for Apple purchases, 2% cash back for non-Apple purchases made using Apple Pay, and 1% for other purchases.
- The cash back goes into your Apple Cash account (which you can find in the Wallet app).
- You can spend the Apple Card’s cash back rewards though Apple Pay, use the earnings to pay off your Apple Card balance, or transfer them to your bank account.
- The Apple Card’s cash back rewards will never expire. Even if you close the account, the money is still available in Apple Cash within the Wallet app.
The Apple Card’s cash back rewards are very convenient. You earn cash back almost immediately after making purchases, and you can easily access it through any iOS device, such as an iPhone, iPad or Apple Watch. It’s also pretty easy to spend Apple Card rewards on whatever you want or to send earnings to your savings.
To make the most of your cash back, use Apple Pay whenever possible. Doing your everyday shopping at stores you know allow that payment method helps.
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