A new Apple Card The promotion gives new customers a 5% discount on some of their Apple purchases, as a bonus to the Daily Cash reward.
A banner on the Apple card application The page tells users who view the page that they can “save 5% on Apple products with a new Apple Card until January 31.” Only at Apple â. While this is a potentially lucrative offer for some during the holiday shopping season, there are a number of things that need to be applied in order for the offer to work.
The terms and conditions at the bottom of the page state that it is not eligible for purchases such as monthly financing through monthly Apple card payments, iPhone payments, iPhone upgrade program, financing plans wireless carriers, Apple multimedia services, and AppleCare + monthly payments. Other typical Apple purchases, such as hardware or accessories that are not part of an installment plan, will be eligible.
It is also limited to accounts opened between December 26, 2021 and January 31, 2022. New Apple Card users added to an Apple Card Family account opened during the period are eligible for the bonus, but existing Apple Card users who merge accounts to become Co-owners do not.
The 5% saving is applied to the account as a daily cash reward, the feature that provides a percentage of purchases as a usable allowance. Typically, Daily Cash is set at a maximum of 3% for Apple purchases and through some retailers, with 2% for use. Apple Pay in store and 1% for other physical transactions by card or online.