New Apple Card customers can get $75 cash back on $75+ Nike purchases

Apple is offering $75 cash back for new Apple Card holders who open an account within the next month and spend $75 or more at Nike.

The offer is available from October 15 through November 15. It's eligible for purchases at any Nike store, Nike.com, NikeAdventureClub.com, or Nike mobile apps in the U.S. You will need to use Apple Card with Apple Pay, and the offer only applies if you make the Nike purchase within 30 days of opening a new Apple Card account.

Apple issues the $75 cash back as Apple Card Daily Cash. The company transfers the reward to your Apple Cash card after you have spent $75 in one or more Nike transactions.

Apple and Nike are frequent partners. This bonus is in addition to the regular 3% cash back Apple offers Apple Card holders on Nike purchases.

Tim Cook sits on Nike's board, and Apple collaborates every year with the fitness company on Apple Watch variants with workout-focused features.