Barclaycard Apple Rewards Card Cash Value Calculator

Barclay Apple Rewards Card

3X Apple Products
2X Restaurants
Apple Financing

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The Barclaycard Apple Rewards Card earns points redeemable strictly for Apple Gift Cards or iTunes Gift Cards. The card earns Apple Rewards Points for every $1 in spend you run through the card with bonus points for Apple and Restaurant purchases. Every 2,500 points you build will earn you a $25 gift card. The Barclaycard Apple Rewards Card also offers the ability for Special Apple Deferred Financing. You can finance Apple Products between 6 to 18 months based on the cost of the item. You will not be charged any interest as long as you pay in full and don't miss any payments. Failure to pay or not paying before the end of the deferred interest promotion will dump all the interest you avoided onto the card at once.

How Apple Rewards Points Work

Barclay Apple Reward points are worth 1 cent each. These points can be redeemed for either an Apple Store Gift Card or an iTunes Gift Card. By default, Barclay Apple Reward Card holders will be issued a $25 Apple Gift Card by mail once 2,500 points are accumulated. Gift card preferences can be modified by the cardholder at any time. The option to change between an Apple Store and iTunes gift card as well as the ability to choose redemption denominations can be made either by logging into the account or with Barclaycard Customer Service. The options are 2,500 points for a $25 gift card, 5,000 points for a $50 gift card, or 10,000 points for a $100 gift card. Gift cards do not expire once awarded. Gift cards earned with the Barclay Apple Rewards Card can only be used in the United States.

Bonus Categories

The Barclay Apple Rewards Card features two bonus categories which are Apple purchases and restaurant purchases. Spending in either of these two categories will earn bonus Apple Reward Points. There is no limit to the amount of points you can earn spending on this card. Below are the details of both categories featured on the Apple Rewards Card.

3x Apple Purchases

The Barclay Apple Rewards Card earns 3 Apple Reward Points per $1 spent on Apple Purchases. Barclay considers Apple Purchases to be purchases made at Apple Stores,, 1-800-My-Apple, and the iTunes Store. Earning 3 points is equal to a 3% return which is a really good since you'll have the ability to receive financing as well. If you do a great deal of shopping at Apple, this card can bring in the points but I do not recommend making small purchases on the card while you're financing other items due to how the deferred financing work (explained in Perks & Benefits section). This can cause payments to be missed or the card to not be paid off in-full by the due date which would dump a lot of unwanted interest onto your remaining balance.

When it comes to Apple Purchases, the Apple Rewards Card will generate one of the highest returns. Some retailers that offer co-branded credit cards could earn you a solid return on Apple Purchases such as the Best Buy Credit Card or Walmart Mastercard. Owners of the Business Rewards Gold Card can earn up to 3x Membership Reward Points which could be put towards travel for a rate of 1+ cents per point as well.

While I do own and use my Apple Rewards Card for smaller purchases, any big ticket items ($500+) I purchase from Apple or any other electronic retailer I put on my AMEX Platinum or AMEX Business Platinum Card. Both Platinum cards come with extended warranty, return protection, and purchase protection. I've had accidents happen and it's nice having the piece of mind that I'm covered for up to $10,000 per occurrence, $50,000 per calendar year. In my opinion, that's worth more than the few dollars I'll get using any other card. But if you're not one for luxury travel cards and choose financing, the Barclay Apple Rewards Card is just fine!

2x Restaurant

Spending at restaurants with the Apple Rewards Card will earn 2 Apple Reward Points per $1 spent. Apple considers restaurants to include both fine dining and fast food establishments. Pretty much anything coded as restaurant will trigger this bonus. Earning 2 points per $1 spent in this category will generate a 2% return. There are other cards with no annual fee that can do a lot better such as the Barclay Uber Card (4% cash back) and the Capital One SavorOne Card (3% cash back). Another thing worth noting is that if you're participating in the Apple Financing benefit, I would not recommend using this card for any type of restaurant or non-category spend. Non-Apple financing purchases on top of special financing will automatically get hit with the high interest APR rate since all payments are applied to financing first. While I do enjoy my Barclay Apple Rewards Card, I believe this category was added to get users caught up in paying interest. Again, I do not recommend using this card for restaurant or non-category purchases when there are active deferred financing present on the card.

1x Non-Category

Any spending on the Apple Rewards Card that's not with Apple or at restaurants will earn 1 Apple Reward Point per $1 spent. This is equal to a sad 1% return. I would not recommend putting any spend on this card since A) you can get a better return on most reward cards and B) if you have Apple Financing active, you will get caught up in paying high interest on this card which will wipe out the points you earned for running non-category spend through this card.

Perks and Benefits

Special Financing

The main perk of the Barclay Apple Rewards is the Special Deferred Financing received on purchases made with Apple. The financing period depends on the cost of individual products purchased. Purchases that qualify for Special Financing must be made at the Apple Store, Online Store, or by calling 1-800-My-Apple. Apple Special Financing is broken down as followed:

Purchases Less Than $499

Purchases of items that are less than $499 will receive the 180 day no interest Apple Deferred Financing promotion for which interest will be deferred for 180 days provided that timely payments are made on the account and the Deferred Financing Purchase is paid in full on or before the 180th day after the applicable purchase date.

Purchases from $499 to $999

Purchases of items that fall between $499 and $999 will receive the 365 day no interest Apple Deferred Financing promotion for which interest will be deferred for 365 days provided that timely payments are made on the account and the Deferred Financing Purchase is paid in full on or before the 365th day after the applicable purchase date.

Purchases of $999 or More

Purchases of items that cost more than $999 will receive the 540 day no interest Apple Deferred Financing promotion for which interest will be deferred for 540 days provided that timely payments are made on the account and the Deferred Financing Purchase is paid in full on or before the 540th day after the applicable purchase date.

While this is a great benefit of the Barclay Apple Rewards Card, deferred financing does have huge drawbacks for anyone that does not follow the payment criteria. If the Deferred Financing Purchase is not paid in full by the Promotional End Date or if you make a late payment, interest charges will be assessed for the entire promotional period at the then applicable rate for Purchases during the promotional period. This means that the high APR interest will be dumped onto the card in full. If you are nearing the end of your Special Financing period and can't finish paying it off before the Promotional Due Date, I would recommend opening up a new card that features a 0% APR Balance Transfer such as the Citi Diamond or any of the Discover Cards such as the Discover IT or Discover IT Miles cards. Balance transfers to both cards usually take about a week or two, but could take longer depending on the bank so you will want to have applied for the card of your choosing at least a month before hand. I also recommend initiating the balance transfer at the time of applying for the card. Opening another card and paying a small 3% or less balance transfer fee is a lot better than being hit with a few hundred dollars in interest.

Using Apple Financing More Than Once

Do note that Apple Financing on this card can be used more than once. I've received Apple Financing on this card several times in the few years that I've owned it. Barclay will usually send out an email (especially around back-to-school season) that they re-initiated the financing perk on the card. You can also call or email Barclay and ask for Apple Financing to be initiated which is the route I usually go when I'm about to make an Apple Purchase within a week or so. Remember that Apple Special Financing is not automatic and that you will need to make sure it's activated on the card before using it to purchase products with Apple.

Sign Up Bonus

The sign up bonus for the Barclay Apple Rewards Card is the special financing perk mentioned above. The financing lasts for 30 days after being approved for the card. As a side note, I didn't use my Apple Financing when I first received the card. I didn't make an Apple purchase until a little more than two months later. Before making the purchase, I contacted Barclay and told them I didn't use the financing and asked if they could re-enable it. They enabled it that day (lasts for 30 more days) and I made my purchase which received Special Financing.

Credit Card Fees

Annual Fee
Authorized User Fee
Foreign Transaction Fee

Annual Fee

The Barclay Apple Rewards Card does not have an annual fee. Assuming you make timely payments and don't experience the wrath of the APR this card has, you'll always end up with a great return on Apple purchases.

Authorized User Fee

There is no authorized user fee to add users to the Barclay Apple Rewards Card. Adding users could be a little risky with the Apple Special Financing perk active. If your authorized users frequently buy stuff from Apple, this could be a benefit, but I'd be cautious as this may not be worth it if you end up paying interest on this card.

Foreign Transaction Fee

The Barclay Apple Rewards Card has a foreign transaction fee of 3%. Using this card outside of the U.S. will evaporate the value of your points just as fast as you can swipe the card. I would not use this card for anything but Apple Purchases directly in the United States.

and Card Value Calculator

You can use this rewards calculator to calculate how many points, miles, or cash back you can earn based on your spend per category. This calculator will also give you the dollar value of the card based on rewards earned and how much each benefit is worth to you minus the fees. You can click the Compare A Card button to compare this card against another card in the same calculator.

All category spend entered in the primary card's column will carry over to all credit card pages on the site so you don't have to re-enter the same information over again.

Credit Card
This calculator will calculate the cash value of the selected credit card(s) based on spend, benefits, and fees. You can compare this card against any another rewards card side-by-side by clicking on the Compare A Card button.
Compare A Card
Compare A Card
Select a card from the list below to compare it side by side against this card. You can search by card name (e.g. chase sapphire reserve, uber visa) or by rewards program (e.g. thankyou points, membership rewards points).
Currency Worth
This is the cash value of points and miles used in these calculations. You can click on the amount to change the value or you can select View Rewards As to calculate your rewards when transferred to partners.
View Rewards As...
0 Cent(s)
View Rewards As...
This section allows you to view your rewards as if you transferred them to a partner. Select a transfer partner below and the calculator will alter the calculator to reflect the transfer ratio and the reward currency of the receiving program. This only applies to the currency of the selected card. Not all programs have transfer partners. I also do not have the cash value of points and miles for all transfer partners.
Edit Value
Enter the cash value of these rewards in cents per point/mile. You can enter the value as X.XX cents or 0.0XXX cents. The maximum value allowed is 15 cents ($0.15) and the minimal value is 0.1 cents ($0.001).
Loyalty/Rewards Programs
Covers hotel loyalty status, status with bank rewards programs, and few others. These are added automatically based on card selection, but can be manually added as well.
/ Loyalty Programs
Add/Remove Loyalty Programs
Select which loyalty programs you want to include in the calculations. You will be able to select your status with the program and it will calculate additional points/bonuses based on what you enter in the calculator.
Loyalty Programs
Other Bonuses
All card card specific bonuses will be listed here. These are added automatically based on the selected card(s).
Categories Spending
Enter how much you spend in each category listed. You can click on the amount to edit the value. You can use +/- Categories to add and remove categories from the list and Options to copy spend between columns and clear all spend.
/ Categories
Add/Remove Categories
Select which categories you want to appear in this calculator. You can search categories by typing in a keyword below. De-selecting categories will remove them from this calculator. Categories are changed once you hit 'Update'.
Currently Selected:
Deselect All
Clear Spend
This will clear the spend in all of the categories in both columns. This will also clear all saved values.
Copy Spend
Copy Right will take the spend from the left column and copy it to the right column. Copy Left will take the spend from the right column and copy it to the left column. The spend amount ($) and unit of time (month, day, quarter) will be copied over.
Reward Bonuses
This section holds sign up bonuses, loyalty bonuses, and bonus bonuses. Most bonuses here will be listed automatically based on certain criteria. You can click 'Extra Bonus' if you wish to enter your own bonus amount.
Extra Bonus
Any additional bonuses you wish to add such as a sign up bonus or point bonus for adding authorized users
Total Earnings
Sum of all rewards above this line.
Cash Value of Earnings
Based off of currency worth.
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Calculator Continues Below
Monetary Bonuses/Perks
This is a list of cash perks and bonuses associated with the selected card(s). Some perks will be listed here automatically. You can click on 'Perk Bonus' if you want to add additional value for the card.
Perk Bonus
Enter how much you value any unmentioned perks this card offers.
Annual Fees
This section contains the annual fee and authorized user fee (if applicable) to hold on to the listed card(s).
Edit Fees
Edit the annual fee and authorized user fee of the Card (if applicable).
Annual Fee: -
Auth Fee: -
Grand Total
The total estimated value you can get out of this card and the amount of return for your spend.
Total Card Value
The value of the card when everything is taken into account.
Total Return
The percent you are earning per dollar spent on this card.

Recommended Cards

If you're looking to earn rewards for purchases with Apple, the Apple Rewards Card is about the best you can get. It offers a 3% return on Apple Products and allows you to get Special Deferred Financing for Apple Purchases.

AMEX Platinum Card

If you already own the Platinum Card or Business Platinum Card, putting big ticket items on either card can be a lifesaver. They offer excellent extended warranty, return protection, and purchase protection on top of what Apple purchases already receive. Both cards also offer a slew of elite travel benefits such as hotel status with Marriott and Hilton, $200 in annual airline credits, $200 in Uber credits (also can be used for UberEats!), Centurion Lounge access, Delta SkyClub access, Priority Pass lounge access, and a lot more. To make matters better, authorized users of both Platinum Cards also receive the majority of the perks these cards offer!

Barclay Uber Card

If you're looking to earn on restaurant purchases, Barclay offers the Uber Card which earns 4% cash back on restaurants, bars, and UberEats. On top of that, it features seven other bonus categories which consist of airfare, hotels, music & video streaming services, online shopping and more. The Barclay Uber Card has no annual fee, no authorized user fee, and no foreign transaction fee so it provides excellent returns on everything it's used for!

Capital One SavorOne Card

Another card that's useful for restaurant purchases that has no annual fee is the Capital One SavorOne Card. It offers 3% cash back on restaurant & entertainment purchases and 2% back on grocery. It also has no annual fee, authorized user fee, or foreign transaction fee. Pair it with the Capital One Quicksilver Card and you'll never earn less than 1.5% cash back on any purchase!

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Page Last Updated: 2019-03-28
Written By: Robert Flowers III

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About These Calculators: These calculators are provided to help you estimate the value of points, miles, and cash back you can earn with various rewards programs and using reward earning credit cards. These calculators are meant to provide an estimate of rewards earned and are not meant to reflect the exact amount of points you may receive. Be sure to read the terms and conditions of any credit card before you apply as benefit and perk changes may not be reflected immediately on this website.

The Point Calculator is owned by RF3 LLC. This site is informational and meant to provide help in calculating points with various programs. The owner of this site is not a legal or tax professional and the statements and articles on this site are opinion of the owner and should not be relied upon for individual circumstances.

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