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Can Someone Explain how the Apple Daily Cash Works?

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Community Leader
Super Contributor

Can Someone Explain how the Apple Daily Cash Works?

I've earned $85 already in the last 2 weeks, and can't, for the life of me figure out how I've earned so much. I've had the card a little over 2 weeks.

 

All I've purchased is an iPhone11Pro for $1,133, two iTunes products ($2.99 & $19.99). I called Apple but I was on hold so long after being transferred twice that I finally just hung up. One person told me that I earn 3% on everything, even installment payments or any additional payments. This just doesn't even sound right to me. Can someone help me undertand how the daily cash works? I am also calling @Saeren 'cause he probably knows all the ins and outs of the Apple daily cash. Smiley Wink


DEC 2019: EX 816, TU 820, EQ 810
DEC 2018: EX 777, TU 783, EQ 799

|| AmX Cash Magnet $40.5K || NFCU CashRewards $30K || Discover IT $24.7K || Macy's $20K || NFCU CLOC $15K || CitiCostco $12.7K || NFCU Platinum $12.5K || Apple Card $6.5K ||
Message 1 of 10
9 REPLIES 9
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Super Contributor

Re: Can Someone Explain how the Apple Daily Cash Works?

All of the purchases you listed above earn 3%. Anything from Apple will earn 3%. 

The weird thing is though, the amounts you're showing here don't line up. You're actually at over 7%. $85 should take about $2333 in purchases. 🤔 




Message 2 of 10
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Community Leader
Senior Contributor

Re: Can Someone Explain how the Apple Daily Cash Works?

If you recently got the card there was 2 variants of a SUB... but it might be what netted you 50$.. (one variant required spend at walgreens if i recall, the other was just 50$ if you used the apple card. (for an apple service) ... Dont quote me on the specifics but the dollar amount was that)

 

 

https://9to5mac.com/2020/07/01/new-apple-card-promo-offers-50-bonus-when-you-sign-up-for-an-apple-se...

 

-J

 

Message 3 of 10
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Super Contributor

Re: Can Someone Explain how the Apple Daily Cash Works?

Wait, didn't they add a $50 SUB?

 

$85-$50 = $35

 

$35 / .03 = $1166.67 (rounded)

 

ETA: Got ninja'd lol

 

ETA2: Heres the info - looks like the App Store triggered it. https://www.google.com/amp/s/9to5mac.com/2020/07/01/new-apple-card-promo-offers-50-bonus-when-you-si...




Message 4 of 10
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Community Leader
Senior Contributor

Re: Can Someone Explain how the Apple Daily Cash Works?

Think both @Saeren and I were trying to post at the same time.... and i edited the post with the link while he was typing...

-J

 

Message 5 of 10
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Super Contributor

Re: Can Someone Explain how the Apple Daily Cash Works?


@joltdude wrote:

Think both @Saeren and I were trying to post at the same time.... and i edited the post with the link while he was typing...

-J

 


😂 

 

Great minds and such. Smiley Wink




Message 6 of 10
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Community Leader
Super Contributor

Re: Can Someone Explain how the Apple Daily Cash Works?


@Saeren wrote:

All of the purchases you listed above earn 3%. Anything from Apple will earn 3%. 

The weird thing is though, the amounts you're showing here don't line up. You're actually at over 7%. $85 should take about $2333 in purchases. 🤔 


Exactly!!!  That's why I'm so confused. 


DEC 2019: EX 816, TU 820, EQ 810
DEC 2018: EX 777, TU 783, EQ 799

|| AmX Cash Magnet $40.5K || NFCU CashRewards $30K || Discover IT $24.7K || Macy's $20K || NFCU CLOC $15K || CitiCostco $12.7K || NFCU Platinum $12.5K || Apple Card $6.5K ||
Message 7 of 10
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Community Leader
Super Contributor

Re: Can Someone Explain how the Apple Daily Cash Works?


@joltdude wrote:

If you recently got the card there was 2 variants of a SUB... but it might be what netted you 50$.. (one variant required spend at walgreens if i recall, the other was just 50$ if you used the apple card. (for an apple service) ... Dont quote me on the specifics but the dollar amount was that)

 

 

https://9to5mac.com/2020/07/01/new-apple-card-promo-offers-50-bonus-when-you-sign-up-for-an-apple-se...

 

-J

 


Thanks @joltdude   Now, this makes  sense. You would think even one of the two CSRs I spoke to would have been able to tell me this. Wow! What a nice sub. 


DEC 2019: EX 816, TU 820, EQ 810
DEC 2018: EX 777, TU 783, EQ 799

|| AmX Cash Magnet $40.5K || NFCU CashRewards $30K || Discover IT $24.7K || Macy's $20K || NFCU CLOC $15K || CitiCostco $12.7K || NFCU Platinum $12.5K || Apple Card $6.5K ||
Message 8 of 10
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Community Leader
Super Contributor

Re: Can Someone Explain how the Apple Daily Cash Works?


@Saeren wrote:

Wait, didn't they add a $50 SUB?

 

$85-$50 = $35

 

$35 / .03 = $1166.67 (rounded)

 

ETA: Got ninja'd lol

 

ETA2: Heres the info - looks like the App Store triggered it. https://www.google.com/amp/s/9to5mac.com/2020/07/01/new-apple-card-promo-offers-50-bonus-when-you-si...


Yep @Saeren   You and @JoltDude hit the nail on the head. That's it!  Thanks so much you two!


DEC 2019: EX 816, TU 820, EQ 810
DEC 2018: EX 777, TU 783, EQ 799

|| AmX Cash Magnet $40.5K || NFCU CashRewards $30K || Discover IT $24.7K || Macy's $20K || NFCU CLOC $15K || CitiCostco $12.7K || NFCU Platinum $12.5K || Apple Card $6.5K ||
Message 9 of 10
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Valued Contributor

Re: Can Someone Explain how the Apple Daily Cash Works?

If you set up "Apple Cash" (a seperate card that collects your $%back) you can see that in your Apple Wallet on your phone.  If you tap in there, it will show you how much you've got and each transaction that you accumulated it from.  You can then have that amount redeposited to any bank account you choose or use it like Zelle/Venmo to pay a friend or something.

 

If you did not choose to have it go to Apple Cash, it stays tied to just the Apple Card and you can apply it back to the account.  By "applying to an Apple Cash Card" you can see all the details per transaction each time one is made.

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