Apple is partnering with Nike this month to give Apple Card users six percent daily cash back on purchases, up from the typical three percent cash back offer. The offer is available through the end of May and customers can get the highest percentage cash back on products up to $500.
Additional cash back is available when the Apple Card is used to make purchases on the Nike website, US Nike stores or the Nike app, and Apple Pay is required. A Nike customer who spends $500 with Apple Pay and Apple Card will receive a total of $30, and after that, the total daily cash back is reduced to three percent.
Customers who open a new Apple Card account by May 31 and spend $75 or more on Nike within the first 30 days of having the card will be eligible to earn $75 back.
Apple partners with a number of vendors to offer three percent daily cash back on Apple Pay purchases made with Apple Card. Companies backing the extra cash back include Ace, T-Mobile, Nike, Uber Eats, Uber, Panera, Walgreens, Exxon Mobil, and of course Apple’s own retail stores. Standard Apple Pay purchases get two percent cash back, and all other purchases get one percent.
Daily Cash can be transferred to a bank account, used for Apple Cash purchases, or deposited into the new Apple Card savings account that came out in April.
The Apple Card continues to be limited to customers in the United States.
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