Apple Card Is Offering Up to $200 Bonus Daily Cash for New Customers
Credit: MKBHD
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Apple is once again sweetening the pot for new Apple Card customers with a limited-time offer that could net them up to $200 in Daily Cash — without a minimum spend.
It’s not uncommon to see Apple Card promotional offers for both new and existing customers, but this latest one may be the first time we’ve seen a straightforward sign-up bonus that’s not directly related to how much you spend.
For example, in 2023, Apple offered new Apple Card holders 10% cash back on App Store purchases? over the first six months of membership. This was effectively a 7% bonus on top of the standard 3% Daily Cash that already comes with all Apple-related purchases, and it was also capped at $1,000.
That worked out to a maximum of $100, but only if you were planning to spend that much on the App Store — and that’s quite a significant spend even if you’re an Apple One subscriber.
By contrast, this latest offer promises a flat $20 Bonus Daily Cash for every month you make at least 10 purchases of any amount. The goal is seemingly to get you to use the Apple Card, regardless of whether you’re buying 10 coffees or 10 MacBooks.
The promotion applies only for those who sign up before March 21, and runs through December 31. The $200 is based on earning $20 Bonus Daily Cash over ten months by making ten or more purchases every month. So, it’s not a single windfall, but it does add up in the end.
The Bonus Daily Cash is also on top of the regular Daily Cash returns. Apple is still offering 3% Daily Cash back from all purchases made using Apple Pay at Apple and other select merchants, including Ace Hardware, Booking.com, ChargePoint, Duane Reade, Exxon, Mobil, Nike, T-Mobile, Uber, Uber Eats, and Walgreens. Other Apple Pay purchases will net you 2% Daily Cash back, while using the physical card (in person or online), provides 1%.
As the name suggests, these Daily Cash rewards are deposited into your Apple Cash account or Apple Card Savings Account (if you have one) each day, which means you don’t have to even wait for the following statement to receive your cash back, and there are no minimum thresholds.
The flat-rate cash back is a new tactic for the Apple Card, but it has the benefit of providing some peace of mind and not tempting you to buy stuff you don’t need just to maximize your cash back rewards. Previous offers, both for new and existing cardholders, have always been based on increased percentages of Daily Cash, and some of them have had some pretty hefty minimum spending thresholds.
For instance, last year’s holiday offer promised up to 5% cash back on every purchase — but only if you spent at least $15,000 on your Apple Card over the holiday season and beyond (this one is still ongoing, as it ends on April 30, 2025). Lower percentages of 3% and 4% were available at $5,000 and $10,000 thresholds, respectively, but you’d only earn that extra Daily Cash once those thresholds were met for purchases above those thresholds, and these were fixed rates, not bonus cash back offers. In other words, buying an expensive new Mac would only net you the standard 3% you’d get anyway, unless you’d already hit the $10K threshold to qualify for the 4% tier.
By contrast, this latest offer is available right out of the gate, and even the smallest purchases count as long as you make at least ten each month. The only catch is that you’ll need to watch out for retailers that combine multiple transactions into a single purchase, as Apple notes in the fine print that these will only count as a single purchase. For instance, Apple itself often does this with App Store and iTunes Store purchases, where several items bought over a week or more will be billed in a single transaction.
To qualify for this promotional offer, you must be a new Apple Card customer (additional cards and family cards don’t count), and you must sign up by clicking the “Apply now” button found at this link and be approved before March 21.
