New Apple Card holders can score a $50 Daily Cash bonus when they use their new card pay for an Apple Service. Eligible actions include renting a movie in the Apple TV app, buying an Apple Music or Apple Arcade subscription, or buying an app from the App Store.
The $50 bonus will be provided as a Daily Cash transfer to their new Apple Cash card once a qualifying purchase has been made. For those without an Apple Cash card, it can be applied as a credit on a statement balance.
The fine print can be seen below:
Subject to credit approval. Valid only for new Apple Card holders who open an account July 1, 2020 through July 31, 2020, and make any purchase from Apple Services (https://www.apple.com/legal/internet-services/itunes/) in the United States within 30 days of opening an Apple Card account. Limit one offer per account. $50 cash back is earned as Daily Cash and is transferred to your Apple Cash card after a qualifying purchase has posted to your Apple Card account. If you do not have an Apple Cash card, Daily Cash can be applied by you as a credit on your statement balance. Daily Cash is subject to exclusions, and additional details apply. See the Apple Card Customer Agreement for details. Issued by Goldman Sachs Bank USA, Salt Lake City Branch.