Apple Card is a credit card created by Apple Inc. and issued by Goldman Sachs, designed primarily to be used with Apple Pay on an Apple device such as an iPhone, iPad, Apple Watch, or Mac. Currently, it is available only in the United States, with 6.7 million American cardholders in early 2022.
Here are some of the key features of Apple Card:
- No fees: There are no annual fees, foreign transaction fees, or late payment fees.
- 3% Daily Cash back: You get 3% Daily Cash back on all purchases made with Apple Card at Apple stores and select merchants when you use Apple Pay. You also get 2% Daily Cash back on all other purchases made with Apple Pay, and 1% Daily Cash back on all other purchases made with the physical Apple Card.
- Transparency: Apple Card gives you real-time insights into your spending habits, and you can see exactly how much Daily Cash you’ve earned each day.
- Security: Apple Card is designed with privacy and security in mind. Your spending data is encrypted and stored on your device, and Apple never sells your data to anyone.
- Design: The Apple Card is a sleek, minimalist titanium card that is both stylish and durable.
If you’re looking for a credit card that offers great rewards, no fees, and a focus on privacy and security, then Apple Card is a great option. However, it’s important to note that Apple Card is only available in the United States at this time.
Here are some additional details about Apple Card:
- Interest rates: The variable APR for Apple Card ranges from 14.74% to 25.74% based on your creditworthiness.
- Applying for Apple Card: You can apply for Apple Card online or in the Wallet app on your iPhone.
- Using Apple Card: You can use Apple Card with Apple Pay at any merchant that accepts Mastercard. You can also use the physical Apple Card at any merchant that accepts Mastercard.
- Managing your Apple Card: You can manage your Apple Card in the Wallet app on your iPhone. You can view your spending, make payments, and request a credit limit increase.