Apple’s rewards-based bank card, Apple Card, is providing its first sign-up bonus in partnership with Walgreens. On Monday, June 1, Apple and Walgreens launched a brand new provide that can pay customers $50 in Daily Cash after they get a brand new Apple Card and spend $50 or extra at Walgreens inside their first 30 days of being a cardholder.
The limited-time provide is detailed on Apple’s web site and will be discovered within the Walgreens app on iOS on the backside of its Weekly Ad & Coupons web page. Customers have till June 30, 2020 to use earlier than the provide expires.
Walgreens already had an in depth relationship with Apple, because the retailer joined Uber final fall to develop into one of many few providing 3% Daily Cash again on purchases made utilizing Apple Card. Currently, retailers together with Walgreens/Duane Reade, Uber/Uber Eats, T-Mobile, Nike, and Apple take part within the extra restricted 3% Daily Cash program. Most different Apple Card purchases provide both 2% or 1% again, the previous if Apple Pay is used and the latter if Apple Pay isn’t an choice.
This Daily Cash can then be used to make purchases utilizing Apple Pay, despatched to household or mates by way of iMessage, or used to pay down your Apple Card steadiness.
In addition to the three% again Walgreens and Duane Reade customers get when utilizing Apple Pay, prospects will now additionally obtain 3% again after they pay utilizing their titanium Apple Card on the Walgreens drive-thru from now by July 31.
Most rewards-based bank cards at the moment give customers the chance to earn a sign-up bonus. Some no-annual-fee bank cards do, as properly. But to date, Apple Card hadn’t supplied any type of sign-up bonus to prospects, famous CreditCards.com in its evaluate of the brand new provide. That mentioned, Apple’s sign-up bonus is pretty small compared with rivals, the positioning mentioned. For instance, Amex’s Blue Cash Everyday Card and the Capital One Quicksilver Cash Rewards Credit Card each present a $150 assertion credit score when situations are met.
The Apple Card comes with different benefits which makes it interesting to customers, nevertheless. The card doesn’t have any charges and guarantees its issuing financial institution, Goldman Sachs, gained’t promote or share your knowledge to 3rd events. That’s made the Apple Card a best choice for purchasers who need some great benefits of utilizing a bank card, whereas nonetheless defending their privateness.