Apple Card Overview Updated December 10, 2019

Apple Card

A new kind of credit card. Created by Apple, not a bank.

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79 'Apple Card' stories

March 2019 - December 2019


During its March 2019 services event, Apple announced the Apple Card. It’s a new credit card through a partnership with Goldman Sachs.

One of the most interesting things about the card is how it integrates with the Wallet app on iOS. Apple says that the goal is to help you learn more about your spending, with less effort.

One of the most unique things about Apple Card is its rewards platform. Apple says that customers will get “Daily Cash” when they shop with the  card. This means that cashback is credited directly to your Apple Pay Cash card on a daily basis. From there, you can spend Apple Pay Cash like a normal debit card, use it to pay down your debt, or transfer it directly to your bank for spending through your debit card.

As of August 20th, 2019, anyone in the US can apply for the card. If you approved, you can immediately add the card to your Apple Pay Wallet. You can also order a physical card that should arrive in 5-7 business days.. Apple Card uses TransUnion for credit check lookups, so if you’ve frozen your credit, you’ll want to unfreeze your credit before you apply. Otherwise, you’ll want to restart the process.

Apple Card Rewards Information

  • Get 3% back on everything you buy from Apple, whether you buy it at an Apple Store, apple.com, the App Store, or iTunes. The 3% cash back includes games, in‑app purchases, and services like your Apple Music subscription and iCloud storage plan.
  • In a press release, Apple also announced that it is extending the 3% Daily Cash offer to third-party merchants, starting with Uber and Uber Eats.
  • Get 2% back every time you buy something using Apple Pay. That’s in every category, with no limits. Imagine all the things you use a credit card for every day — at Target, Walgreens, Lyft. You’ll get 2% back on just about everything.
  • For stores that don’t accept Apple Pay, you still get 1% of your purchases back in the form of Daily Cash.

Apple Card Stories December 10

Bloomberg has published an interesting look at how retailers are partially footing the bill for lucrative rewards cards like Apple Card. Specifically, Apple Card is designated as an “elite” card, which means retailers have to pay higher interchange fees when someone uses it.

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Apple is today launching its zero-interest iPhone financing plan for Apple Card owners today. As reported by TechCrunch, the purchase method will roll out today across Apple retail stores, Apple.com and the Apple Store app on iOS.

If you have an Apple Card, then you will be able to buy a new iPhone through that card and pay back the phone through monthly installments over 24 months with 0% interest.

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Ecobee HomeKit Thermostat

For the holidays, Apple Card gives 6% cashback on all Apple Store hardware purchases

Apple is now offering 6% Daily Cash cashback to Apple Card credit card users with purchases of Apple hardware, doubling the usual cashback rate on Apple purchases with Apple Card. However, there are some restrictions.

How to increase your Apple Card credit limit

Apple has been offering 3% cashback on purchases from the Apple Store as well as some select retailers over the last few months, but that’s been bumped up to 6% for the holidays. If you’re thinking of putting more purchases on your Apple Card to take advantage of the offer, follow along below for how to increase your Apple Card credit limit.

Apple Card Stories December 7

During Apple’s most recent earnings call in October, Tim Cook teased that Apple Card would soon be adding 0% financing for iPhone purchases. Ahead of that feature rolling out, Apple has updated the Wallet app on iOS to reference this new monthly installment option.

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Apple Card Stories November 25

Apple Card 3% cashback offer expands to Nike stores

Joining Uber, T-Mobile, and Walgreens, Nike is the latest partner to sign up for the 3% cashback offer with its Apple Card credit card.

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