Apple recently announced a brand-new credit card. Apple’s Credit Card is co-branded with Goldman Sachs and Mastercard, and Apple Pay will be the default payment method for the Apple Card. For Apple users who are in need of a new credit card, Apple has you covered on this front. While it made sense to wait just shy of a month after Apple’s announcement to write up an article about Apple Cards, there really isn’t any harm in getting one anyway – if you have been using Apple devices for years, then it would make more sense than ever to also sign up for their new credit card. The big question everyone is asking, however: should you get the Apple Card? If not now, when?
What Exactly IS Apple Card?
Apple’s Apple Card is a credit card that comes with some pretty great perks. Apple Pay is the default payment method for Apple Cards, and Apple users who pay with Apple Cash or Apple Pay will not be charged any fees for using Apple’s new credit card. Apple gives 2% cash back on purchases at Apple, and 3% cash back at both restaurants and gas stations. There are no spending categories to follow; all you have to do is use your Apple Card when it makes sense to, and you will accumulate rewards while doing so.
Rewards and Perks, Is it Worth it?
The primary perk of this card is the lack of interest rates: there won’t be any unless a balance isn’t paid in full by the end of each month. Rather than racking up charges month after month, Apple Card users will pay off their balances in full each billing cycle. There are no late fees or penalty APR’s either – Apple don’t play that game. Apple won’t even charge any interest on purchases that haven’t been paid off by the end of the next billing cycle. Apple has also partnered with Goldman Sachs for Apple Cards, which means your credit limit is based on your monthly income and other factors – not just “spend X amount of dollars a day, get y rewards.” The Apple Card also comes with a few extra perks, like roadside assistance and identity theft protection. It is even possible to get Apple Care+ for an extra $100/year after the first year you have your card; Apple Care+ plans usually cost $200 a year, but Apple is rewarding Apple Card users with an extra 100 bucks to spend on Apple products or services.
Something Extra for Apple Fans!
For Apple users who are looking for a good credit card – and happen to be Apple fans as well – the Apple Card is going to be one of the best options available in this department. It doesn’t hurt that Apple has one of the most trusted brands anywhere: we know that iPhones and iPads will work if we buy them, much like Macs and AirPods (and now Apple Watches). We also know that they’re going to look nice, function properly, and hold up through normal wear-and-tear because our experience tells us so . The same for Apple’s new credit card; Apple users are going to consider Apple’s new Apple Card because Apple has a high-quality product that they know they can trust. All Apple fans need to do is apply for the Apple Card and, if approved, reap the benefits of having one! Apple Card gets you 3% Apple Cash back on Apple purchases and 2% Apple Cash back on mobile wallet transactions with Apple Pay. Apple is pretty generous with Apple Cash: you can use it in Apple Stores, for Uber rides, Apple Music subscriptions or even your phone bill.
Did You Say “NO FEES OR LATE PAYMENTS”?
The Apple Card comes with several perks including no fees or late payment charges, cash back on all purchases made through Apple Pay, and points towards Apple Rewards when spending money at Apple stores. When you are trying to decide if this is a good card option for you, here’s what you need to know:
- Get 2% cash back on every purchase at any apple store
- Get 3% cash back on Apple services, Apple TV, AppleCare and Apple insurance
- Get 1% cash back everywhere else.
- No annual fees or foreign transaction fees.
- You must spend at least $1000 per month to be eligible for rewards.
- If you are approved for the card it will be mailed to you within 7 business days of applying.
You can apply directly through your Apple Wallet app on your iPhone or online at https://card.apple.com/
Plastic or… Titanium Please?
The Apple Card comes in two varieties: a titanium physical credit card and an Apple Pay Visa debit card. The titanium version of the Apple Card is a physical card made of Titanium which also happens to be super strong. The apple pay version of the Apple card comes in plastic and works in any standard credit card reader or ATM machine anywhere around the world. Apple was able to create this physical titanium card due to partnerships between Apple and companies such as Aperio and Sandvik. It also has a feature called Daily Cash which allows you to spend your earnings on Apple products daily instead of only doing so at the end of each month. This is one of many features that make this product unique from other credit cards out there.
How, When and Why Apple Card
Apple announced in April 2019 its Apple Card, an innovative credit card designed to help customers lead a more orderly financial life. Four months later, specifically on August 20, he has officially launched it in the United States. Apple Card is integrated into the Apple Wallet application on iPhone, offering your customers a familiar Apple Pay experience and also giving them the ability to manage their card directly from the iPhone. Next, we explain everything you should know about the Apple Card.
How to apply for an Apple Card
You can request the Apple Card, through the Wallet application on your phone and start using it immediately with Apple Pay in stores, applications and websites. This card promises to be based on “simplicity, transparency and privacy”, so it has no fees, encourages customers to pay less interest, offers an overview of expenses that is easy to understand and offers a new level of privacy and security. . It also offers a clearer and more attractive rewards program than other credit cards with its Daily Cash feature, which returns a percentage of each purchase every day. Apple Card builds on the tremendous success of Apple Pay and offers new experiences only made possible by the power of the iPhone. The Apple Card is designed to help customers lead a healthier financial life, starting with a better understanding of their spending so they can make smarter decisions with their money, ”said Apple Pay Vice President Jennifer Bailey”.
A credit card designed for iPhone
Customers can subscribe to the Apple Card in their iPhone’s Wallet app in minutes, and start using their card with Apple Pay right away in stores, apps, or online stores around the world. The Apple Card offers its clients account statements of their last transactions and balance in Wallet, all in real time and very easy to understand, also adding a support (customer service) available 24/7 simply by sending a text message from Messages.
Well YES: customers will receive back a percentage of each purchase amount they make with their Apple Card as daily cash (Cash back). Unlike other cash back rewards, Daily Cash adds cash every day, money that can be used immediately to make more purchases with Apple Pay, deposit it into your Apple Card balance, or send it to friends and family. through Messages. Every time customers use the Apple Card with Apple Pay, they will receive back 2% of the purchase in cash. Customers will also earn 3% Daily Cash on all purchases made directly from Apple Stores, the App Store, and other Apple services.
No Commissions and Less Interest
The best? There will be no fees associated with the Apple Card – there are no annual fees, late fees, international limits, or expenses over your balance. The goal of Apple Card is to provide interest rates that are among the lowest on the market, and if a customer misses a payment, they will not be charged a penalty rate. To help customers make informed decisions, Apple Card will display a variety of payment options, calculating the cost of interest on different payment amounts, all in real time.
A new Level of Privacy and Security
When you get your Apple Card, a unique card number will be created on the iPhone and stored securely on the device. Each purchase will be secure because it will be authorized with Face ID or Touch ID and a unique dynamic and unique security code. To develop this credit card, Apple has partnered with Goldman Sachs and Mastercard, all to provide the support of an issuing bank and a global payments network. Goldman Sachs is creating a different, customer-centric credit card experience, and will never share or sell data to third parties for marketing or advertising. For its part, the partnership with Mastercard will provide cardholders with the ability to shop at merchants around the world.
A Beautiful Titanium Card, Just in Case
The company has also designed an Apple titanium card for shopping in places where Apple Pay is not yet accepted. With no number, no CVV security code, no expiration date, no signature, this Apple Card will be more secure than any other physical credit card. All this information will be available in Wallet, in case you want to use it in applications and on websites. For purchases made with Apple’s titanium card, customers will earn 1% of Daily Cash. Customers can subscribe to the Apple Card in their iPhone’s Wallet app in minutes, and start using their card with Apple Pay right away in stores, apps, or online stores around the world. The Apple Card offers its clients account statements of their last transactions and balance in Wallet, all in real time and very easy to understand, also adding a support (customer service) available 24/7 simply by sending a text message from Messages.