Apple Introduces New Daily Cash Bonus Deals to Boost Apple Card Signups

Apple is unveiling two attractive Daily Cash bonus deals aimed at motivating new Apple Card signups. Offering rewards of as much as $200 in cashback, the tech company is making a significant effort to enhance the uptake of its credit card. If you’re thinking about applying, now could be an ideal moment—but you’ll have to respond quickly.

Apple Card’s Latest $200 Daily Cash Bonus Offer

Apple’s new promotion offers up to $200 in Daily Cash for new Apple Card holders. The offer stipulates that applicants must:

• Apply for an Apple Card and secure approval before March 21, 2024
• Complete a minimum of 10 purchases each month using the card
• Maintain this spending pattern for a duration of 10 months

For each month users satisfy the spending requirement, they will earn $20 in Daily Cash—potentially amassing $200 by the conclusion of the promotion. The cashback will be automatically deposited into their Apple Cash balance.

Alternative Offer: The $75 Referral Incentive

Apple is additionally offering a $75 welcome bonus for new applicants who enroll via a referral link from an existing Apple Card holder. Unlike the $200 bonus, this deal requires only one purchase within 30 days of approval to qualify.

However, unlike typical referral programs, the person referring does not receive any reward—the $75 credit is solely for the new cardholder.

Why Is Apple Running These Promotions?

Apple’s intent behind these offers is straightforward: boost active usage of the Apple Card. The $200 offer incentivizes new cardholders to cultivate a habit of consistent card usage, rather than employing it sporadically.

By motivating frequent transactions, Apple likely aims to establish the Apple Card as a primary payment solution for customers. This strategy may also assist in retaining customer engagement as the company seeks a new financial collaborator.

Major Advantages of the Apple Card

Since its introduction in 2019, the Apple Card has set itself apart from conventional credit cards by having no annual fees, foreign transaction fees, or late payment penalties. Here are some key features:

1. Daily Cash Rewards

Apple Card users earn Daily Cash on all purchases:
– 3% cashback on transactions from Apple and select merchants
– 2% cashback on purchases made with Apple Pay
– 1% cashback on all other transactions

2. No Hidden Charges

Unlike several credit cards, the Apple Card does not impose late fees, annual fees, or foreign transaction fees. This makes it an appealing choice for those eager to avoid extra expenses.

3. Clear Interest and Payment Management

Apple Card offers detailed payment breakdowns and assists users in making payments in a manner that reduces interest charges.

4. Privacy and Security

Apple prioritizes privacy, ensuring that customer information is never sold to third parties for marketing or advertising purposes.

Apple’s Quest for a New Financial Ally

Apple Card’s current financial partner, Goldman Sachs, plans to exit its partnership with Apple. Although a new partner has yet to be confirmed, Apple’s dedication to sustaining and enhancing the card implies that a transition strategy is in progress.

Should You Consider the Apple Card?

If you’re thinking about an Apple Card, these promotions make it an attractive time to enroll. However, the choice between the $200 Daily Cash offer and the $75 referral bonus depends on your spending habits:

• If you frequently use a credit card, the $200 bonus might be worthwhile—but you’ll need to commit to making 10 purchases per month over 10 months.
• If you prefer a quicker reward, the $75 referral bonus requires only one purchase to qualify.

For those who often purchase Apple products or utilize Apple Pay, the Apple Card’s cashback rewards and absence of fees make it a desirable long-term choice.

Conclusion

Apple’s new Daily Cash bonus promotions are aimed at attracting more users to the Apple Card ecosystem while promoting consistent usage. Whether you choose the $200 long-term cashback offer or the instant $75 bonus, both promotions provide value for new cardholders.

With no hidden fees, robust privacy protections, and seamless integration with Apple Pay, the Apple Card is a compelling option—particularly for those already within Apple’s ecosystem.

Q&A: Frequently Asked Questions About the Apple Card Promotions

1. How do I get the Apple Card?

You can apply straight through the Wallet app on your iPhone. The approval process is swift, and there’s no effect on your credit score when checking eligibility.

2. Can I qualify for both the $200 and $75 bonus?

No, you must select one of the two offers. If you prefer a larger long-term reward, go for the $200 bonus. If you desire a quick and easy bonus, opt for the $75 referral offer.

3. Is there a spending requirement to qualify for the $200 cashback?

No. The $200 bonus does not mandate a minimum purchase requirement—you only need to complete 10 separate purchases per month for a maximum of 10 months.

4. When can I expect to receive my cashback rewards?

The $200 bonus is distributed in $20 increments each month as long as the spending requirement is met. The $75 bonus is credited post your first purchase.

5. Is the Apple Card available internationally?

No, the Apple Card is currently only available in the United States. There’s no official update on international availability yet.

6. What occurs if I fail to make a month of purchases while pursuing the $200 bonus?

If you do not make 10 purchases in a month, you will not receive the $20 cashback for that month—but you may still earn rewards in subsequent months by fulfilling the requirement again.

7. Are further Apple Card promotions expected soon?

Apple regularly offers limited-time promotions for Apple Card users, including cashback incentives on Apple goods and services. Stay tuned to Lonelybrand for news on upcoming offers.

By taking advantage of these new promotions, you can optimize your rewards and fully leverage Apple’s innovative credit card. Will you be applying? Share your thoughts in the comments!