Apple Card promotion promises $150 cash back for select new applicants

Spend $1,000 after applying for a new Apple Card, and Apple will add $150 to Apple Cash, but customers have to meet specific requirements.

The new Apple Card promotion incentivizes customers to spend $1,000 in a short period, but it has a catch.

According to the terms of the promotion, only those who received an email directly from Apple are eligible for the $150. Those who did receive the email can apply for an Apple Card anytime between February 28 and March 20 and spend the $1,000 to get the $150 back.

The $1,000 has to be spent before March 20. Refunding any purchase that applies to a portion of the $1,000 could result in Apple deducting the $150 reward from the user's account, even after the promotion is over.

Existing Apple Card holders or Co-Owners are not eligible for this promotion. Accounts opened via the Co-Owner or Participant application are also not eligible. Only new, single-owner accounts are eligible, and again, only if they received Apple's email.

Applying for the Apple Card via the provided email link doesn't guarantee access to the promotion. Verify eligibility directly with Apple before spending the $1,000.