Apple has introduced the Apple Card, an Apple credit card for Apple Pay customers, developed in partnership with Goldman Sachs and Mastercard.
The Apple Card is a simple, clean credit card. It is not a physical map, but digital in the Wallet app on your iPhone. You can install it on your iPhone in minutes, making payments wherever Apple Pay is supported.
Apple has simplified the review of the payment history. Instead of meaningless
Apple also has support staff available 24 hours a day, seven days a week, to access through iMessage.
The Apple Card offers you daily cash rewards instead of points. For every purchase you make, you will receive 2% cash daily, which you add to your Apple Cash Card every day that you can use with Apple Pay. When shopping at Apple, such as the Apple Store, App Store, iTunes, etc., you will receive 3% cash daily.
The Apple Card has no fees like other credit cards. Apple will not charge you an annual, late, international or over-the-limit fee. There is also an interest calculator in the app that tells you how much interest you will pay depending on how you pay your bills. You will still be billed on the last day of the month. You can pay monthly or every two weeks.
The Apple Card is completely on your device, in the Secure Element chip used by Apple Pay. Each transaction is authorized by Touch ID or Face ID and uses a unique dynamic security code for authentication.
Apple goes further, however. Apple does not know where you bought, what you bought and how much you spent. Apple has also asked Goldman Sachs never to share or sell its information to third parties for marketing or promotional purposes.
Finally, Apple has also introduced a physical credit card in places where Apple Pay is not supported. This card is made of titanium and carries only your name and a chip without any further information. This makes them safer than your regular credit card. Apple has not announced how much this card costs, but it will probably be a nice penny. But it looks pretty cool, no matter what it’s worth.
And that’s about the Apple Card. Apple Pay users in the US will receive this copy this summer. You can now register on the Apple website for availability.