Understanding and Using Apple Daily Cash Effectively

Apple Daily Cash is a feature that allows you to earn cash back on your purchases with Apple Card.

You can earn up to 3% cash back on purchases with Apple Daily Cash, which is a higher rate than many other credit cards.

To use Apple Daily Cash effectively, it's essential to understand how it works.

You can earn cash back in the form of Daily Cash, which is deposited directly into your Apple Cash account or sent to your bank account.

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To get started with Apple Daily Cash, you'll need to have an Apple Card and a qualifying purchase.

First, make sure you have the latest version of the Wallet app on your iPhone.

You can find Apple Daily Cash in the Wallet app, where you can view your cash balance and transaction history.

To earn Apple Daily Cash, simply use your Apple Card for eligible purchases, such as buying groceries or paying bills.

Apple Daily Cash is automatically deposited into your cash balance within one to two days of your purchase.

You can use Apple Daily Cash to pay for future purchases or transfer it to your bank account.

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You can earn interest on your Daily Cash by setting up a Savings account, and you can access your Savings account at any time with no fees.

Daily Cash can be automatically deposited into Savings, and if you share an Apple Card, each owner and co-owner can set up their own Savings accounts.

To send your Daily Cash to Savings, you'll need to follow a few steps. Here's a quick guide:

You can send your Daily Cash to various accounts, and it's actually quite easy. You can choose to send it to Apple Cash, Savings, or even your bank account.

To send Daily Cash to Savings, you can set up a Savings account and earn interest on your Daily Cash. This is a great way to save money and earn some extra cash.

If you haven't already, you can set up a Savings account and begin earning interest on your Daily Cash. You can add or withdraw funds from Savings anytime with no fees.

Expand your knowledge: Sending Apple Cash

You can also send Daily Cash to your bank account, and there are a few options for how to do this. You can transfer it instantly for a $0.25 fee, or you can do it for free and wait one to three business days.

Here are the steps to transfer Daily Cash to your bank account:

Remember, you can also send Daily Cash to your Apple Pay account, making it easy to use your Daily Cash on your Apple Cash Card as you would any other payment method in your Wallet.

Consider reading: Apple Card Daily Cash Not Showing up

If you're looking to earn 3% Daily Cash back, there are several merchants that offer this benefit when using Apple Card with Apple Pay. You can shop at acehardware.com, participating Ace Hardware stores, or use the Ace Hardware app to get 3% Daily Cash back.

To take advantage of this offer, make sure you've set up Apple Card as your default payment card in the Wallet app. This will ensure that you receive the 3% Daily Cash back on your purchases.

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Here are some merchants that offer 3% Daily Cash back when using Apple Card with Apple Pay:

To view your Daily Cash balance, simply go to the Wallet App on your iPhone, select your Apple Card, and tap the More Button (three dots). From there, select Daily Cash to see your current balance.

You can also view your lifetime amount of Daily Cash, as well as discover which merchants offer Bonus Daily Cash. If you're eligible for a special offer, you'll see it in your Daily Cash Hub.

To track your progress toward these offers, simply view your Daily Cash balance in the Wallet App.

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To view your balance, start by opening the Wallet App on your iPhone and selecting your Apple Card. From there, tap the More Button (three dots) and select Daily Cash.

This will take you to your Daily Cash Hub, where you can view the lifetime amount of Daily Cash you've received. You can also discover what merchants have Bonus Daily Cash and track your progress toward special offers.

To see the details of a specific transaction, click on one of the latest transactions. This will show you the category, transaction date, amount of purchase, percent of Daily Cash earned, dollar amount of Daily Cash, and location of the store.

For example, if you click on a purchase at Posman Books, you'll see that it's categorized as Shopping, with a transaction date of 8/8/19, an amount of purchase of $70.50, and a percent of Daily Cash earned of 2%. You'll also see the dollar amount of Daily Cash earned, which in this case is $1.41.

If you want to see more information about the transaction, click on the arrow next to the amount of purchase and Daily Cash earnings. This will show you the time of purchase, status (pending or approved), and the option to report an issue if you think there's something wrong with the transaction.

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You can pay your Apple Card balance using your Daily Cash rewards.

To do this, launch the Wallet app on your iPhone and select your Apple Card. Then, go to Pay and choose the amount you'd like to pay. Keep in mind that you can only make immediate payments with your Apple Cash, not schedule payments or make recurring payments.

You can pay your Apple Card balance directly from your Daily Cash rewards, which can be a convenient way to recycle the money you're using with your Card.

To pay your Apple Card balance, follow these steps:

To get started with Daily Cash, you need to meet some basic requirements. You must be at least 18 years old and live in the U.S. to be eligible.

You'll also need a compatible device with the latest iOS, iPad OS, or watchOS software. This ensures that you can access the Apple Card features smoothly. I've found that having the latest software makes a big difference in the overall user experience.

Two-factor authentication is a must for your Apple ID. This adds an extra layer of security to your account, which is always a good thing. Trust me, you don't want to risk your account being compromised.

To send or receive money using Daily Cash, you'll need to be signed into iCloud using the same Apple ID on any device. This keeps everything synced and convenient. I've used this feature to send money to friends and family, and it's worked like a charm.

Finally, you'll need an eligible debit card linked to your Wallet app. This allows you to receive your Daily Cash rewards. I've linked my debit card to my Wallet app, and it's been a breeze to manage my Daily Cash.

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To set up Apple Cash, you need to open the Settings app on your iPhone, iPad, or Apple Vision Pro and scroll down to tap Wallet & Apple Pay. From there, turn Apple Cash on and follow the instructions on your screen.

You can find your new Apple Cash card in the Wallet app. If you turn off Apple Cash on a device, you can still use Apple Cash on other devices where you’re signed in to your Apple Account.

To set up Apple Cash for a family member under 18 years old, you'll need to learn how to set up Apple Cash Family. If you're under 18, your Family Sharing organizer can set up Apple Cash for you with Apple Cash Family.

You can use Apple Cash to send money to someone nearby without sharing your phone number or email using Tap to Cash. You can also add money to Apple Cash and make purchases using Apple Pay or your Apple Cash virtual card number in most places where Visa is accepted.

Here are some of the things you can do with Apple Cash:

If you don't set up Savings or Apple Cash as your Daily Cash Election, your Daily Cash from Apple Card purchases accumulates and can be redeemed as a credit to your Apple Card account. If you later make a Daily Cash Election, any accrued but unredeemed Daily Cash will be transferred to your Daily Cash Election.

To view your Daily Cash earnings, click on a recent transaction in the Wallet app, and you'll see details such as the category, transaction date, and amount of purchase.

You can earn Daily Cash on purchases made with your Apple Card, and the amount earned is based on a percentage of the purchase amount. For example, a 2% Daily Cash earn rate on a $70.50 purchase would be $1.41.

To view your Daily Cash balance, go to the Wallet app, select your Apple Card, and tap the More button. From there, you can select Daily Cash to see your current balance, lifetime earnings, and any special offers.

You can also view your Daily Cash balance by time period, such as weekly, monthly, or yearly, by tapping the corresponding button in the Daily Cash section.

To find your Daily Cash, open the Wallet app, tap Apple Card, and then tap the More button. From there, you can view your lifetime Daily Cash earnings, learn how to earn Daily Cash, and see special offers.

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Here are the different views you can access from the Daily Cash section:

You can also search for specific purchases by category, merchant, location, date, or transaction amount, which can help you track your Daily Cash earnings over time.