With Apple Pay, you can use your iPhone or Apple Watch to make contactless payments in offline stores. You can also use it to pay online in apps or websites supporting Apple Pay. The payment service makes offline and online payment experiences more convenient, but does this convenience come from sacrificing the cash back?
This article will explain, “Can you get cash back with Apple Pay?” We will also describe how Apple Pay cash back works and how much you can get with Apple Pay. But first, let’s start by taking a quick look at what is Apple Pay?
What is Apple Pay?
Apple Pay is a digital payment service from Apple. It replaces physical credit or debit cards and cash. The payment service comes built-in to iPhone, Apple Watch, iPad, and Mac. There is no need to download a separate app to use it. You can add your credit or debit card to the Wallet app on your iPhone. It supports all major credit and debit cards issued by participating banks.
Apple Pay is accepted by over 85% of retailers in the U.S. It means wherever you go; you will easily be able to find stores that support Apple Pay. If you want to pay online, you can use Apple Pay by visiting a website in the Safari browser on your iPhone, iPad, or Mac.
You will need to verify your identity with Face ID, Touch ID, or by typing in your Passcode. You can also use Apple Pay to pay for the Apple services like Apple Music, iCloud +, Apple TV+, etc.
How Do I Set Up Apple Pay?
Apple Pay digitizes the process of paying via a physical credit or debit card. You will need to add your credit or debit cards to the Apple Wallet App. To do so:
1. Open the Wallet app on your iPhone.
2. Tap on the + icon in the top right corner.
3. Scan your credit card to fetch the details automatically or add the card manually.
While doing the initial setup, you will require to complete the verification of your card. Once the verification is done, you can continue using your card with Apple Pay.
How Do I Use Apple Pay?
To pay using Apple Pay, look for the Apple Pay logo or Tap to Pay icon at the checkout counter. Now bring your iPhone or Apple Watch close to the POS terminal. The Wallet app will automatically pop up at the bottom of the screen with the payment info.
You will require to verify yourself by Face ID, Touch ID, or typing in your Passcode. After completing the verification, tap your iPhone or Apple Watch on the POS terminal, and your payment should be complete.
Can You Get Cash back With Apple Pay?
Regarding your question, “Can you get cash back with Apple Pay?” The Sureshot answer is Yes, you can get cash back with Apple Pay.
If your credit card provider offers you generous cash back, you add the card to Apple Pay. You will continue to get the same cash back you were getting earlier.
Apple Pay does not interfere with the cash back you receive on your credit card. What’s more? Some banks offer additional cash back when using your credit card with Apple Pay. Occasionally, retail stores also run promotional offers in which they provide discounts when paying with Apple Pay.
How Much Cash back Can You Get With Apple Pay?
The cashback you can get with Apple Pay entirely depends on your credit or debit card provider. Suppose your card provider offers a 1% cashback on every transaction. You will get the same rate when using that card with Apple Pay.
Similarly, if your credit card provider gives you 5% cash back, you will get the same percentage when you add and use it with Apple Pay. Likewise, if your credit card doesn’t have a cash back program, you will not receive any cashback when used with Apple Pay.
How Much Cash back Can You Get With Apple Card?
You will get 1% cashback with Apple Card on all transactions when used physically. The cashback amount will increase to 2% when you use your Apple Card with Apple Pay. If you use Apple Card on Apple Store, you will get 3%. Unlike other credit cards, Apple Card credits the cashback you receive the next day.
You can use the cash back for your subsequent purchases. There is no limit on how much cash back you can receive. Apple also doesn’t set an expiry date on the cashback, so you can use it whenever you want.
Frequently Asked Questions
Does It Cost Extra To Use Apple Pay?
No. It doesn’t cost anything extra to use Apple Pay, whether you want to use it in stores, online, or in-apps. You will pay the same amount for the product or services you are getting without additional charges for using Apple Pay.
Which Banks Support Apple Pay?
All the major banks all around the world support Apple Pay. Currently, Apple Pay is available in more than 73 countries globally. If Apple Pay is available in your region, your bank’s credit or debit card should probably support Apple Pay.
Apple continuously adds new banks to the list. So if your bank doesn’t support Apple Pay, it might be supported shortly.
Can I Use Apple Pay Abroad?
Yes. You can use Apple Pay abroad. The only thing you need to take care of is Apple Pay is supported in all countries and regions that support contactless payments. You should also confirm with your credit card issuing bank if they provide the services to where you are traveling. Also, ask them if they levy fees when using your credit card abroad.
Is Apple Pay Secure?
Yes, Apple Pay is secure. It is safer than using a physical credit or debit card. When adding your credit or debit card to the Wallet app, it verifies your identity by sending a verification code on your registered mobile number. When you make purchases, it verifies your identity with Face ID, Touch ID, or Passcode.