Same rapid battery drainage on iPhone & Apple Watches for both my husband and me over the last 48 hours.
Me: iPhone 8 running iOS 14.6 and Apple Watch 5 watchOS 7.5.
My husband: iPhone 8 iOS 14.6 and Apple Watch 6 watchOS 7.3.3 (holding off on the 7.5 update because my battery issues are worst than his...)
Just recently started using Family Share with my Apple Card. Both of us just recently turned Exposure Notifications on because our state only recently implemented their program.
My battery usage last 24 hours:
Wallet 37%
Exposure Notifications 20%
My husband's usage last 24 hours:
48% Camera
17% Safari
16% Exposure Notifications
For now, we are going to carry external battery with us so we can charge up our devices throughout the day until this bug is fixed by Apple.