Can You Get Cash Back With Apple Pay? How It Works (2024)

FAQs

Can you use Apple Pay and get cash back? ›

Learn how to get 3% Daily Cash back when you use Apple Card with Apple Pay. When you purchase something from Apple using your Apple Card or select merchants using Apple Card with Apple Pay, you get 3% Daily Cash back.

You may also be able to use Apple Pay at an ATM machine to make a cash withdrawal², if the ATM supports contactless — and therefore cardless — withdrawals. To find an ATM that takes Apple Pay you'll need to look out for the contactless symbol which will be displayed prominently on the ATM machine.

You can generally return purchases made using Apple Pay by providing the receipt. When the merchant processes your refund, it goes back to your payment card automatically. If you don't have the receipt or the merchant asks for more information, you can provide the Apple Pay card number for your payment card.

The money you receive appears on your Apple Cash card in Wallet. You can spend it however you like in stores, online, and in apps with Apple Pay. Apple Pay enables you to make secure, contactless purchases using Apple Cash, Apple Card, and any other credit and debit cards that you add to Wallet.

You can get cash back with your contactless debit card just like you could with your old card. However, some merchants require customers requesting cash back to insert their contactless card even when the payment terminal is a contactless one.

Excluded payments: Dollar General doesn't pay cash back on purchases paid for by check or with Apple Pay, so plan your shopping trip accordingly. Costs: Dollar General typically charges $1 to $2 per transaction, regardless of whether you only qualify for $10 cash back or the full $40.

After you set up Apple Cash¹, you can add money to your balance using the debit or prepaid cards² that you already use with Apple Pay in Wallet. If you don't already have one of these cards in Wallet, you need to add one before you can add money. then tap Add Money.

The maximum Apple Cash balance you're allowed to have after verifying your identity is $20,000. If you're part of Apple Cash Family, the maximum Apple Cash balance you're allowed to have is $4,000.

Normally once funds are in Apple Account balance the only way to get them out again is to spend them. You can't redeem or return Apple Gift Cards, App Store & iTunes Gift Cards, or unused Apple ID balance for cash, except as required by law.

Yes, you can get cash back on your credit card through Apple Pay at any store that accepts Apple Pay as a payment method, including Target, Taco Bell, Walgreens and McDonald's, among many others.

Can I retrieve money from Apple Pay? ›

You can transfer up to $10,000 per transfer and up to $20,000 within a seven-day period from Apple Cash to your bank account. You can only transfer your money to a bank account in the United States.

To use Apple Pay, you must have an Apple device like an iPhone, iPad, or Apple Watch. Other digital wallets, such as Google Pay, are available to Android users. If you have an Apple Pay account, you can withdraw cash from a contactless-enabled ATM even if you don't have your debit card on hand.

Cons of Apple Pay

Apple Pay is not accepted at all retailers and not compatible with all banks or card issuers. Backup may be required, just in case. Apple Pay only works if your phone does. You may still need to carry a physical credit card as a backup in case your battery dies or you misplace your phone.

Transferring Money From Apple Pay To Cash App. Unfortunately, it is not currently possible to transfer money directly from Apple Pay to Cash App — you must first transfer the funds to a bank account. Then, you must send those funds to Cash App.

The process may vary depending on your provider, but cardless cash withdrawals usually involve you signing onto the app to access your account. Select the option on the app and, depending on the bank, you may have to go through additional security.

To use your card to get cash back, select debit at checkout and enter your Cash PIN. Cash-back transactions will count toward your ATM limits. You can check your Cash App Card balance at any ATM or directly through your account, either in-app or online.

Unfortunately, once an Apple Cash transfer is accepted, it cannot be reversed.