For a limited time only, Apple is offering double cashback promotion on its Apple Card.
The tech giant is offering consumers the chance to earn 4% cashback on purchases at select retailers throughout the entire month of July 2022. This is up from standard 2% cashback reward it normally offers for in-store purchases on Apple Card.
Users will have to use Apple Pay to finalize their purchases in order to take advantage of the limited-time offer. The participating companies that qualify users for a 4% cashback are:
- StubHub
- Yeti
- J.Crew
- Ray-Ban
- HotelTonight
- Crocs
- Petco
- Fandango
The cashback promotion will run until July 31, 2022.
This new deal is only applicable for the retailers mentioned above and does not include Apple’s own products. Thing is, the Cupertino company already offers 3% cashback on all purchases made via Apple, which is indeed a generous offer.
About Apple Card
Apple Card is a credit card launched by Apple on August 2019.
Issued by Goldman Sachs and with Mastercard serving as the payment network, Apple Card was designed to be mainly used with Apple Pay on Apple devices such as a Mac, iPad, iPhone, or Apple Watch.
Currently available only in the United States, the card features several consumer-friendly features including no fees, software that motivates users to avoid debt or pay it down quickly, the industry’s lowest interest rate range for comparable cards, and a directive to approve as many iPhone users as possible.
As of early 2022, there are about 6.7 million Americans who are Apple Card holders. Six out of ten Apple Card holders say they use it as their primary credit card.