5 Key Details About Apple Card’s $100 Co-Owner Bonus Offer

Apple Card has been rolling out enticing limited-time sign-up bonuses for new customers, but what about existing users? A fresh promotion changes the game: through May 18th, current Apple Card holders can earn $100 in Daily Cash by adding a co-owner to their account. The catch? The new co-owner must spend at least $100 within the first 30 days. This offer rewards loyalty and encourages shared financial management. Here are five crucial things you need to know to take full advantage of this limited-time opportunity.

1. Who qualifies for the co-owner bonus?

The promotion is exclusively for existing Apple Card users who add a co-owner to their account. The co-owner must be a new participant in your Apple Card account—someone who hasn't previously been a co-owner or co-applicant on your card. Both you and the co-owner need to have a valid Apple ID and be at least 18 years old. The co-owner will be jointly responsible for the account, so creditworthiness matters. If you've already added a co-owner before, this offer likely won't apply again. Think of it as a one-time incentive to expand your card's benefits to a trusted partner.

2. What is the exact spending requirement?

To unlock the $100 Daily Cash bonus, the newly added co-owner must complete at least $100 in purchases using the Apple Card within the first 30 days after being added. This spending can be on anything—groceries, gas, online shopping—as long as it's charged to the Apple Card via Apple Pay or the physical titanium card. The timer starts the moment the co-owner is added to the account. Ensure the co-owner understands the deadline and makes qualifying transactions promptly. If the $100 threshold isn't met within 30 days, the bonus won't be awarded. No exceptions.

3. How does Daily Cash work for co-owners?

Daily Cash is Apple's cash-back rewards program, giving you a percentage back on every purchase. For co-owners, both individuals receive Daily Cash separately based on their own spending. However, the $100 bonus from this promotion is credited as Daily Cash to the primary cardholder (the one who added the co-owner). The co-owner gets their own Daily Cash from their purchases but not the bonus. The $100 is deposited directly into the Apple Cash card associated with the primary user's Apple ID, typically within 24 hours after the co-owner meets the spending requirement. You can then use it for purchases, transfers, or paying down your Apple Card balance.

4. Important deadlines and conditions

This offer is only valid until May 18th. You must add a co-owner on or before that date to be eligible. The co-owner then has 30 days from the addition date to spend $100. That means the final possible spending deadline is around June 17th, but only if you add the co-owner on May 18th. Apple reserves the right to modify or cancel the promotion at any time. Also, the co-owner must be approved through Apple's standard credit evaluation process. If the co-owner is declined, the offer doesn't apply. Both parties must accept the terms and conditions during the setup. Make sure to review all fine print in the Wallet app.

5. Benefits of adding a co-owner beyond the bonus

Besides the $100 Daily Cash, adding a co-owner to your Apple Card can simplify shared finances. Co-owners share responsibility for payments and can both build credit history with the account. Each person sees the same transaction details in their Wallet app, making budgeting easier for couples or family members. Both can use Apple Pay and the physical card. The credit limit and interest rate remain the same, but with two incomes, you might qualify for higher limits in the future. Just remember: late payments affect both credit scores. This promotion turns a practical feature into a rewarding one—an ideal time to bring someone onto your Apple Card account.

In conclusion, Apple Card's limited-time $100 co-owner bonus is a win for existing users who want to share their account while earning extra Daily Cash. Act before May 18th, ensure the co-owner spends $100 within 30 days, and you'll receive the reward automatically. This offer not only provides immediate cash back but also fosters collaborative financial management. Don't miss out—check your Wallet app today to add a co-owner and claim your bonus.