We show that the emergent near-horizon conformal symmetry of extremal black holes gives rise to universal behavior in perturbing fields, both near and far from the black hole horizon. The scale-invariance of the near-horizon region entails power law timedependence with three universal features: (1) the decay off the horizon is always precisely twice as fast as the decay on the horizon; (2) the special rates of 1/t off the horizon and 1/ √ v on the horizon commonly occur; and (3) sufficiently high-order transverse derivatives grow on the horizon (Aretakis instability). The results are simply understood in terms of nearhorizon (AdS 2 ) holography. We first show how the general features follow from symmetry alone and then go on to present the detailed universal behavior of scalar, electromagnetic, and gravitational perturbations of d-dimensional electrovacuum black holes.