Apple, in partnership with Walgreens, this week presented its first Apple Card sign-up incentive, offering new members $50 in Daily Cash when they use the branded card at a Walgreens store.
Apple Card
Advertised on Apple's website and in Walgreens' iOS app, the limited time offer kicked off on June 1 and runs through June 30, reports TechCrunch.
To obtain the $50 in Daily Cash, applicants must spend $50 or more at Walgreens within 30 days of receiving their new Apple Card.
The sign-up reward can be transferred to Apple Cash for withdrawal to a bank account or sent to friends via iMessage. Alternatively, users can apply the $50 toward an outstanding Apple Card balance.
Walgreens was one of the first companies to partner with Apple on Apple Card rewards, offering customers 3% cash back on certain items last September. As part of the deal, Walgreens agreed to expand availability of Apple accessories like Lightning cables, EarPods and iPhone cases to 2,600 stores.
Walgreens and Duane Reade are currently running a promotion that offers 3% back on drive-thru orders paid for using a physical Apple Card. The promo, which runs through July 31, is in addition to 3% cash back on in-store, in-app and online Apple Pay payments.