Your last credit card transaction may have been a purchase of coffee or a meal shared with friends. If you use Apple Pay, you can make those transactions even more rewarding by earning cash back.
With Apple Pay, you can easily pay for goods and services without the hassle of entering your information. In addition, you can get cash back on your purchases as well!
All you need to do is sign up for an Apple Cash card, link it to your Apple Pay account, and start using it to make purchases. Once you’ve reached certain purchase thresholds, you’ll be able to redeem your cash rewards.
So the next time you’re thinking about using your credit card for a purchase, consider opting for Apple Pay instead and make sure you get the most out of your money!
Can I get cashback with Apple Pay?
Yes, if your business accepts Apple Pay, your store offers cash back, and you have a debit or credit card linked to your Apple Pay account, you can get cash back with Apple Pay. Apple Pay offers unlimited cashback.
So, as long as your company meets these requirements, you can earn 2-3% cashback on your purchases. Here are the details for each requirement:
- The store/store accepts Apple Pay. According to Apple, Apple Pay is now accepted as a contactless payment option by more than 85% of U.S. retailers. So whether you’re making in-app purchases or standing in line at the grocery store, you can use Apple Pay almost anywhere.
- This store offers cashback. If you’re not sure if a company offers cashback, one easy way to find out is to ask. Most major grocery stores, gas stations and department stores offer cashback, including Costco, Target, Walmart, Walgreens and CVS.
- A debit/credit card is linked to your Apple Pay account. This is typically added when you first set up Apple Pay. However, if you don’t have a debit or credit card associated with your Apple Pay account, you can add one by opening the Wallet app, tapping the plus icon, and following the steps to add a debit or credit card.
Where can I get my Apple Pay cashback?
To get the most out of Apple Pay and your devices, sign up for our free Tip of the Day newsletter. So where do you go to use Apple Pay?
Apple Pay is accepted at over 1 million retailers, including Albertson’s, Safeway, Trader Joe’s, Best Buy, McDonald’s and Walgreens. Your best bet is to look for the Apple Pay symbol (see below) and check with each company.
How much can I earn with Apple Pay Cashback? When using the Apple Pay Card with Apple Pay, cardholders receive 2% cash back on daily purchases.
All cashback amounts are credited to your Apple Wallet. However, when you buy products from Apple products or partner stores, you get 3% cash back (instead of the usual he has 2%).
Apple’s partner stores are:
- ace hardware
- Exxon Mobile
- uber eats
- panela bread
- duane reed
Therefore, if you plan to purchase Apple’s services or products, he recommends using Apple Pay to get 3% cashback. This applies to all purchases made on Apple.com and includes services such as Apple Music and Apple TV+.
If you want to receive rewards on other credit cards, you may be able to link them to your Apple Pay card. Please check with your financial institution to see if it is possible. Get even more rewards and cashback on grocery shopping, gas and meals.
Apple Pay Takeaways
Apple Pay is a secure, contactless way to make everyday purchases. Remember to link your debit and credit cards before using Apple Pay for cash back. Look for the Apple Pay icon when shopping in stores.
With Apple Pay, you can use your iPhone, Apple Watch and iPad to make payments with just your thumb and finger. You can also add cards for instant access to your contactless credit or debit card information.
However, not all retailers are set up to accept Apple Pay as a payment method. If you’re not sure if a store you’re shopping in accepts Apple Pay, talk to the manager. If they don’t, take your business elsewhere.
When you use Apple Pay, you bypass the credit card checks and balances that often slow down the payment process and increase risk of fraud. Instead, you use your thumb and finger to pay for your purchases.
And whether you’re paying in stores, online, or on the go with your mobile device, one thing’s for sure: It’s easier than ever to pay with Apple Pay.