Apple Card now gets 3% back at Walgreens and Uber
I actually just bought a new iMac this week and had to do some math – use my husband's Apple Card for 3% or try to earn points on another card? If you take the widely-accepted average point value of 2¢ each, the Apple Card is getting you the equivalent of 6 points per dollar spent, making it fairly unbeatable.
I've mentioned before that I keep a Google spreadsheet of all of my rewards and that I track two values for each reward: CPM high (Cents per mile/point) and CPM low – the former based on the cash cost of the flight I actually took, and the latter based on the flight I would have taken if I'd actually had to pay with my own money. I've always valued the "true" CPM to be somewhere in between the two numbers. Well, just for fun, I decided to add a few columns to my spreadsheet to calculate the overall average CPM of my reward flights:
4 cents! |
Now, if I weight the average against the total number of miles spent (rather than doing the averages on a trip-by-trip basis), the number would actually be even higher. But even on the conservative math I've been beating the averages pretty nicely. 😀
#Breaking (and exceptionally good) news: starting 9/13, our customers will receive 3% Daily Cash on eligible products– including prescriptions – when they use @Apple Card with Apple Pay at @Walgreens and @DuaneReade stores, on our app and online: https://t.co/EK4wUNYAuf pic.twitter.com/VdgHuZRVIC— Walgreens News (@WalgreensNews) September 12, 2019
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