Apple and Nike have released a new promotional offer, which will give Apple Card holders 10% cash back on Nike purchases made through Apple Pay.

With Nike's limited-time offer, Apple Card holders can earn a maximum of $50 in immediate cash back. The new promotional offer is valid from April 25 through May 2, 2024, and covers purchases made through all of Nike's official platforms.

Purchases made through Nike.com, Swoosh.com, and Nike's official SNKRS app are all eligible for the promotion, as are purchases made in-person at Nike locations. The ten percent cash back promotion applies only to purchases made by Apple Card and through Apple Pay.

Nike purchases made through Apple Pay and with an Apple Card usually reward users with three percent cash back. With Nike's latest promotion, such purchases will receive an additional seven percent up to $500 made through Apple Pay and via Apple Card until May 2, 2024.