Apple Cash card was introduced during Apple's Event Time event at the Steve Jobs Theatre in Cupertino, CA, on March 25th, 2019, and has now become available to the general public. It is an all-in-one mobile-based credit card, which is tightly integrated with the official Wallet application on iPhone and provides exclusive cash back rewards for Apple-based purchases. It will have a universal application, which means it can work with most of the major cards in the world. This will include Visa, MasterCard, American Express, Diner Club, and many more.
Apple Cash works similarly to a traditional card. You can use it online and offline. You will be required to activate it on your phone by going to the website, entering your card details and submitting the online application form. You can then choose which transactions you wish to make or you can pay with your debit card or by using your credit card. These are just some of the transactions you can do with your credit card.
The rewards program offered by Apple Cash has a huge list of products. You can apply for rewards which range from restaurant tickets to airfare to movies to travel and shopping and even your favorite food items. This will also help you earn rewards with each purchase you make using the cash card. The amount of points you can get will depend on your spending history. So if you're always using cash, you're going to be able to save a lot of money when you use Apple Cash to make purchases, but don't be disappointed with the rewards if you're already a regular user of the official Apple App Store.
The best part of Apple Cash is the cash back rewards. You can get rewards for every dollar spent as long as your credit card has a balance. You can choose from over one hundred and fifty to eight hundred different kinds of reward programs, which range from one point per dollar for every dollar spent, up to twenty-five points per dollar for every dollar spent. There are also coupons which can be redeemed for free merchandise. There is a limit on the number of coupons that you can redeem with each purchase and you can get only one per day or per phone number. However, you won't be able to redeem the coupons if you don't have an active credit card with the company.
Another feature of the Apple Cash card is the ability to set an annual limit on your spending. Once you've reached . . . . . . your limit, the money will automatically be deducted from your account for the next year. If you use your card without ever reaching your limit, you'll never get any rewards from Apple Cash. However, there are no expiration dates or interest charges. So if you can't afford to pay the annual limit, you should choose the Apple Cash card as your main card instead.
Another feature of Apple Cash is that it's considered to be a secure card. As long as your bank account and PIN are known, it is highly unlikely to be stolen by cyber criminals or else be hacked and used fraudulently.