New Apple Card Users Can Get Up To 10% Daily Cash Back For A Limited Time
Portfolio Pulse from Rounak Jain
Apple Inc. has launched a promotion for new Apple Card customers, offering up to 10% Daily Cash back on purchases made using the credit, up from the usual 1% to 3%. The promotion runs from July 11 to July 25 and applies to qualifying spends on App Store purchases and other Apple services. The boosted cash back offer will last for six months from the date of signing up.

July 12, 2023 | 1:49 pm
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POSITIVE IMPACT
Apple's new promotion for Apple Card customers could potentially attract more users and increase spending on Apple services, which may have a positive impact on the company's revenues.
The promotion is likely to attract new customers to the Apple Card and encourage spending on Apple services, which could increase Apple's revenues. However, the impact on the stock price will depend on the overall success of the promotion and the company's ability to retain these customers after the promotion ends.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100