New Apple Card Users Can Earn $50 – Get your quote in a couple of minutes

Share Tweet Share Share Share Print Email Apple and Walgreens are teaming up to offer new card holders a $ 50 Apple Card bonus after spending the same amount of money on Walgreens, CNBC reported. Cardholders who open their accounts this June will have access to that $ 50 bonus after spending $ 50 on Walgreens in the next 30 days as well. The Apple card bonus will come in daily cash, which is somewhat similar to the refund, except that it is issued at the end of each day. To use the benefit, customers can log into Walgreens' iOS app, click on "Weekly ads and coupons" then find the option for the new offer and click "Apply now". The new bonus adds to the existing bonus between the two companies, where cardholders can access a 3% refund premium on items in Walgreens or Duane Reed stores if the user pays with Apple Pay in the store or via mobile device. The other limited-time offer that is now available will allow Apple cardholders to access that 3 percent cash money at Walgreens locations until the end of July 2020. The reward rate is higher than the cash back of the 1 percent that Apple Pay typically offers. Apple Card holders can also access 3 percent cashback in many other places: Apple (including Apple stores, the Apple online store, the App Store, iTunes, Apple Music and other Apple-ow ned properties), on Uber and Uber Eats, in T-Mobile stores and on Nike, according to CNBC.The best way to maximize Apple Card's competitive cashback is to use the Apple Pay app instead of the physical card, as Apple Pay purchases earn 2 % refund and physical card purchases typically earn 1% refund. Due to the economic turmoil of the pandemic, Apple and Goldman Sachs are allowing customers to defer payments to the Apple Card for now, without interest charges. The companies said they understand the financial difficulties that some cardholders could experience, given the rise in unemployment .——————————
ROUNDABLE PYMNTS LIVE: MODERNIZATION AND SCALE FOR THE NEW NORMAL
The pressure on banks to modernize their payment capabilities to support initiatives such as ISO 20022 and instant / real-time payments has been exacerbated by the emergence of COVID-19 and the irresistible need to quickly scale operations due to rapid growth of contactless payments, and subsequent increase in digitization. Given this new normal, the need for agility and optimization along the value chain of payment processing is imperative.