Maximize Your Rewards: A Guide to Apple Card’s $100 Co-Owner Bonus

Overview

Apple Card has been rolling out a series of limited-time sign-up offers, but most focus on attracting new customers. The latest promotion, however, is designed specifically for existing cardholders: add a co-owner to your Apple Card account and both of you can earn $100 in Daily Cash after the new co-owner spends at least $100 within the first 30 days. This offer is available through May 18th, making it a limited window to boost your rewards without needing a brand-new account.

In this guide, we’ll walk you through everything you need to know—from prerequisites and step-by-step instructions to common pitfalls and a concise summary—so you can take full advantage of this bonus and strengthen your financial partnership.

Prerequisites

Before you start, make sure you and your potential co-owner meet these requirements:

• Existing Apple Card holder: You must already have an Apple Card account in good standing.
• Co-owner eligibility: The person you add must be at least 18 years old, a U.S. resident, and have a valid Social Security number. They don’t need to be a current Apple Card user, but they will need an Apple ID.
• Credit approval: Adding a co-owner triggers a joint credit check. Both of you will undergo a hard inquiry, and your credit profiles will be evaluated together. Ensure your credit is decent and the co-owner’s history is sound to avoid rejection.
• Device requirement: You’ll need an iPhone or iPad with the Wallet app and the latest iOS/iPadOS version.
• Offer timing: The promotion runs only until May 18th. The co-owner must complete the $100 spend within 30 days of being added.

Step-by-Step Instructions

Step 1: Verify the Offer

Open the Wallet app on your iPhone and tap your Apple Card. Look for a banner or notification about the co-owner promotion. If you don’t see it, your account may not be targeted, or the offer may have expired. You can also check card.apple.com for details.

Step 2: Prepare Your Co-Owner

Discuss the responsibilities and benefits of joint ownership with your co-owner. Both of you will have equal access to the credit line, payment responsibilities, and rewards. Ensure they’re willing to undergo a credit check and use the card for at least $100 in purchases within 30 days.

Step 3: Initiate the Co-Owner Addition

In the Wallet app, tap your Apple Card, then tap the menu (three dots) in the top right. Select “Add Co-Owner” or “Manage Co-Owners” (depending on your iOS version). Follow the on-screen prompts to enter the co-owner’s personal information, including their name, date of birth, Social Security number, and Apple ID email.

Step 4: Complete the Joint Application

Both of you will need to review and agree to the terms. The system will perform a joint credit check – this usually takes a few seconds. If approved, the co-owner will receive an invitation to their Apple ID email or through an iMessage notification. They must accept within a specified time (typically 7 days) to finalize the addition.

Step 5: Set Up the Co-Owner’s Card

Once the co-owner accepts, they can add the Apple Card to their own Wallet app on their iPhone. They’ll be issued a physical titanium card (if desired) and can start using the virtual card immediately. Make sure they know to use the card for their first purchase.

Step 6: Trigger the $100 Spend

The new co-owner must make at least $100 in purchases using the Apple Card (either physical, virtual, or Apple Pay) within the first 30 days of being added. These purchases can be anything: groceries, gas, online shopping, etc. The $100 threshold is cumulative; multiple smaller transactions count toward the total.

Step 7: Receive the Bonus Daily Cash

After the co-owner’s qualifying purchases total $100, Apple will automatically credit $100 in Daily Cash to the joint account. The cash is split between the two account holders based on how the card’s Daily Cash is typically distributed (usually 1% for physical card, 2% for Apple Pay, 3% for Apple purchases). The bonus is treated like regular Daily Cash and can be used immediately in the Wallet app or transferred to a bank account.

Common Mistakes

• Missing the deadline: The co-owner must complete the $100 spend within 30 days of being added. Track the date carefully; set a reminder. Also, the entire offer expires May 18th, so don’t delay.
• Not meeting the $100 threshold: Small purchases that don’t add up to $100 won’t trigger the bonus. Encourage the co-owner to make a single larger purchase or aggregate spending quickly.
• Ignoring credit impact: The joint credit check can temporarily lower both credit scores a few points. Also, both are jointly liable for payments. A missed payment affects both.
• Adding an ineligible person: Ensure the co-owner isn’t already a co-owner on another Apple Card – each person can only be a co-owner on one account at a time. Also, if the co-owner has poor credit, the application may be denied.
• Forgetting to accept the invitation: The co-owner must actively accept the invitation. If it expires, you’ll have to restart the process.
• Confusing “co-owner” with “authorized user”: This is a joint account, not an authorized user arrangement. Both share full responsibility and benefits. Ensure you both understand the difference.

Summary

The Apple Card co-owner promotion offers a straightforward way for existing cardholders to earn an extra $100 in Daily Cash by adding a trusted partner. The process requires a joint credit check, a co-owner who can spend $100 within 30 days, and prompt acceptance of the invitation. Avoid common pitfalls like missing deadlines or misjudging credit impact. With proper planning, both you and your co-owner can enjoy increased spending power and a quick bonus. Act before May 18th to seize this limited-time opportunity.