Apple offering up to $100 Daily Cash bonus for adding Apple Card Family members

AppleInsider

Apple Card holders can get up to $100 in Daily Cash by adding new members to their Apple Card Family with the latest promotion from Apple.

Apple Card

Apple has several finance-targeted features and services like Apple Card and Apple Savings. The company uses limited promotions from time to time to convince users to expand their use or bring in new members.

In an effort to get Apple Card owners to consider switching to Apple Card Family, or to just add new members, Apple is offering $25 cashback for each new family member added. As is usual for Apple's promotions, the original cardholder doesn't get any of the Daily Cash reward.

As long as those Participants are added by September 12, 2023, and they spend $25 or more in the first 30 days, each will earn $25 in Daily Cash. The promotion is limited to four members so a maximum of $100 can be earned.

Even with this promotion in place, every Apple Card owner will still earn the standard Daily cash while shopping. That includes 3% at Apple and Panera Bread, among others, and 2% when using Apple Pay at other businesses.

Participants must be 13 years or older, and Apple Card owners and co-owners can add spending limits as they see fit. Every person will get their own titanium Apple Card, and Participants who are 18 or older can use the card to build their credit.

Apple Card's lack of fees helped the credit card earn J.D. Power's number one spot for the "best co-branded credit card for customer satisfaction with no annual fee." The card has proven somewhat controversial for Apple and Goldman Sachs may be looking to abandon the consumer credit card business altogether.

Read on AppleInsider

mayfly

Add the wrong family member and this is going to cost ya' WAAAAYYYYY more than that $100! And since you have to spend money to get the cash, it encourages unsophisticated consumers to buy things they don't need.

Most credit card companies do this, and it isn't for your benefit.

Appleish

Kinda cheap considering the discretionary cash output of many Apple Card holders. They offer $75 for referrals. Should be $100 per family member.

chasm

mayfly said:

Add the wrong family member and this is going to cost ya' WAAAAYYYYY more than that $100! And since you have to spend money to get the cash, it encourages unsophisticated consumers to buy things they don't need.

Most credit card companies do this, and it isn't for your benefit.

You probably should have read the whole article before commenting.

FTA: “ Apple Card owners and co-owners can add spending limits as they see fit.” The “owner/co-owner” is the person or persons who originally got the Apple Card, so they can set spending limits on the “subsidiary” cards.

mayfly

chasm said:

mayfly said:

Add the wrong family member and this is going to cost ya' WAAAAYYYYY more than that $100! And since you have to spend money to get the cash, it encourages unsophisticated consumers to buy things they don't need.

Most credit card companies do this, and it isn't for your benefit.

You probably should have read the whole article before commenting.

FTA: “ Apple Card owners and co-owners can add spending limits as they see fit.” The “owner/co-owner” is the person or persons who originally got the Apple Card, so they can set spending limits on the “subsidiary” cards.

I read that part. And if you give your unsophisticated teenager a $500 limit, it's going to cost you $500 a month to cover what they spent and can't pay back. Until you can't afford to pay their balances for them. And that's what the credit card issuer is depending on!