Can I Get Cash Back With Apple PayÂ^®?

If you’re among the 33% of smartphone users in the world that owns an iPhone^® of some generation, you will have access to Apple Pay^®. Some may have thought at some point “I wonder if it’s possible to get cashback using Apply Pay?” To keep the answer short, yes. It is entirely possible to get cash back using Apple Pay and it may be even easier than you think.

Apple Card^®

If you are a frequent Apple user, it may be in your interest to apply for an Apple Card^®. With this card, you can get “Apple Card Monthly” installments and make payments such as your iPhone over time, interest-free from Apple.

When you make purchases using an Apple Card through Apple Pay, you can get daily cash back on every purchase you make. You can receive up to 3% cash back on select purchases as well as 2% cash back on all other purchases. Unlike some rewards cards, these never expire or lose their value. The cash is deposited in the wallet app and there’s no limit to how much can be deposited. The cash in your wallet can be used to buy merchandise, items on websites, or on apps.

Apple Cards encourage you to pay less interest as based on their lower APR rates from 10.99%-21.99%. However, don’t let this low APR rate fool you. If you have late or missed payments, additional interest will start accumulating towards your ongoing balances.

Security

When you acquire a new Apple Card, you get premium security assurance from your service providers. In addition to all the security features such as a PIN number or a chip, the Apple card has Fingerprint Touch ID^® or Face ID^® to make sure whoever is using the account on your iPhone is actually you. It would be very difficult for any thief to get your phone if you have it at all times, much less get into it when it requires Touch or Face ID.

Flexibility

Apple Pay is among the most flexible and swift to use credit cards. Simply use your iPhone around any symbol that looks like either of the ones below:

You can simply scan your iPhone over the payment counter and the purchase will be charged to your apple account. If these symbols are not listed at any payment counters, you can insert your credit card like any other card and pay with a chip. In addition, you will of course get your 3% cash back on your purchases. Truly, this is among the most easy to use and flexible cards of this generation.

Takeaways:

If you are a frequent user of Apple and own Apple products, Apple Pay could become one of the more useful things in your wallet. If you do not own any kind of Apple products, then Apple Pay may not be for you. With up to 3% cash back on select purchases, and 2% daily cash back, there are plenty of benefits to like about using Apple Pay and acquiring their credit card. For the frequent Apple users, this could be a great benefit to you.