Yes, you may get cash back with Apple Pay if you use an Apple Card with Apple Pay at participating merchants. Apple pay has different criteria to qualify you for cash back, but if you follow the rules and shop at an applicable merchant you can definitely benefit from money back on your purchases. Apple Pay is a safer way to pay that helps you avoid touching buttons or exchanging cash. Andwith every qualified purchase you make using your Apple Card with Apple Pay, you get 2%-3% Daily Cash back.
you may earn 3% Daily Cash back on purchases made at Apple and select merchants. There’s no limit to how much Daily Cash you can earn.
Here are some merchants that offer 3% Daily Cash back when you use Apple Card with Apple Pay:
You can send your Daily Cash to Apple Cash or have it automatically deposited into Savings.
Using Apple Pay for Cashback
Apple Pay is a safe and easy way to pay for things. But can you use it to get cashback, like you do with a debit card? It’s not as simple as you might think.
How Cashback Works with Apple Pay
To get cashback with Apple Pay, you need to meet a few conditions:
Where Can You Get Cashback with Apple Pay?
Many stores that offer cashback with debit cards also allow it with Apple Pay. Some of the most common places include:
How to Get Cashback with Apple Pay
The process is simple:
Tips for Getting Cashback with Apple Pay
Alternatives to Cashback with Apple Pay
If you can’t get cashback with Apple Pay, there are other options:
Comparing Cashback Options
Remember, the best way to get cashback is to choose the option that’s most convenient and cost-effective for you.
Can You Get Cashback with Apple Pay?
Understanding Apple Pay Cashback
With Apple Pay, users can enjoy the convenience of digital payments and earn cashback rewards on their purchases, depending on the type of card used and the stores where it’s accepted.
How Apple Pay Cashback Works
Other credit and debit cards may offer cashback rewards as well. However, the rate and specifics will depend on the card issuer’s terms.
Eligible Apple Pay Devices
For those looking to earn cashback through Apple Pay, they must have an eligible device:
From grocery stores to clothing outlets, a growing number of merchants accept Apple Pay, which when combined with a cashback card, can benefit the consumer’s spending habits.
Maximizing Cashback with Apple Pay
To earn the most cash back with Apple Pay, it’s important to select the best credit cards and shop strategically. Taking advantage of Apple Card benefits can also boost your rewards.
Choosing the Right Credit Cards
Choosing a credit card that offers generous cashback rewards is essential. Look for cards from issuers likeChase,American Express, andCapital Onethat offer higher cash back percentages, especially in categories where you frequently spend. For example, some cards may offer:
Additionally, some credit cards are tailored to improve yourcredit scorewhile maximizing rewards.
Strategic Shopping with Apple Pay
Using Apple Pay with your credit cards during strategic shopping can amplify your cash back:
Remember, Apple Pay is just a conduit between your credit card and thewallet.
Apple Card Specific Benefits
If you have anApple Card, take advantage of the specific perks it offers:
Rewards go directly into your Applewalletand can be used immediately.
Frequently Asked Questions
As consumers increasingly use Apple Pay for transactions, questions about receiving cash back with this payment method are common. Below are some answers to the most frequent inquiries on this topic.
Which stores allow me to receive cash back when using Apple Pay?
Many stores that accept Apple Pay also offer cash back during transactions. These include grocery stores, pharmacies, and some retail chains. It’s best to check with individual stores, as policies might differ.
Is it possible to obtain cash back directly at the register when paying with Apple Pay?
Yes, it is possible to get cash back at the register with Apple Pay just like you would with a debit card, provided the store’s policy allows for it and you are using a supported card.
How can I withdraw cash from an ATM using Apple Pay?
Select ATMs with contactless symbols allow you to withdraw cash using Apple Pay. Bring your iPhone or Apple Watch near the contactless reader, authenticate with Face ID, Touch ID, or your passcode, and follow the prompts to withdraw cash.
Are there specific policies for cash back with Apple Pay at retailers like Walmart or Target?
Retailers such as Walmart and Target may have specific policies regarding cash back with Apple Pay. Typically, if the store offers cash back on card transactions, the same would apply to Apple Pay if you’re using a debit card within the wallet.
Does Apple Pay support cash back transactions at convenience stores like 7-11?
Yes, convenience stores that accept Apple Pay and offer cash back on transactions typically extend this service to Apple Pay users as well.
What is the process for receiving money back from transactions using Apple Pay?
To receive money back on transactions using Apple Pay, you’ll need to use a cash back credit card or debit card within the Apple Wallet. The cash back is then processed in the same manner as it would be for a physical card transaction.
