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My Daily Cash
My Daily Cash is a feature associated with the Apple Card, which is a credit card offered by Apple in partnership with Goldman Sachs.
In this article from xpasx, we will cover all there is to know about this application.
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Understanding My Daily Cash
Definition and Function
My Daily Cash is a cash-back rewards program provided to Apple Card users. Unlike traditional credit card rewards that might be accumulated monthly or require specific thresholds to redeem, Daily Cash is given back to users at the end of every day based on their purchases.
Earning Daily Cash
– 3% Daily Cash Earn 3% back on purchases made directly with Apple, including Apple Store purchases, App Store transactions, and Apple services.
– 3% Daily Cash Also earned on purchases made with select merchants that have partnered with Apple, such as Uber, Uber Eats, Walgreens, Nike, and T-Mobile.
– 2% Daily Cash Earn 2% back on purchases made using Apple Pay with the Apple Card.
– 1% Daily Cash Earn 1% back on purchases made with the physical Apple Card where Apple Pay is not accepted.
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How It’s Received
Daily Cash rewards are automatically added to the Apple Cash card in the Wallet app on your iPhone. From there, you can use the cash directly for purchases, send it to friends or family via iMessage, or transfer it to a bank account.
Benefits of Daily Cash
– Immediate Access Unlike some rewards programs that may make you wait until the end of a billing cycle, Daily Cash is added to your Apple Cash card at the end of each day.
– Flexibility You can spend Daily Cash as you earn it, use it to pay down your Apple Card balance, or transfer it to a bank account.
– Transparency The Wallet app on iPhone provides a clear and user-friendly interface to track your Daily Cash earnings and spending.
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Bottom Line
My Daily Cash is a rewards feature of the Apple Card that provides immediate cash-back rewards on purchases. Users earn up to 3% Daily Cash on purchases made with Apple and select partners, 2% on Apple Pay transactions, and 1% on purchases made with the physical Apple Card. The earned Daily Cash is credited daily and can be used immediately via the Apple Cash card in the Wallet app.
Key Points to Remember
– Immediate Rewards Daily Cash is credited daily, not monthly.
– Easy to Use Integrated seamlessly with the Apple Cash card in the Wallet app.
– Versatile Can be used for purchases, transferred to friends, or transferred to a bank account.
This feature is designed to provide Apple Card users with a more immediate and flexible way to benefit from their spending.
- My daily cash is a part of our series of articles on cash, if you wish to learn more visit our page on cash.
