However, there are some caveats you need to know about regarding the new promotion. You’ll need an Apple Cash card to collect your daily cash back. You can set one up in the Wallet & Apple Pay section in the Settings menu on your iPhone or iPad. If you don’t have an Apple Cash card, then the accumulated Daily Cash can only be applied as a credit to your statement balance.
Furthermore, you should know that Apple’s new Apple Card offer is valid until you reach a total maximum spend of $3,000 per person. Also, it excludes purchases of gift cards from StubHub, J.Crew, Fandango, Crocs, and Petco. And Yeti’s product shipments are restricted to the 50 United States and D.C.
Source: Phone Arena