Apple Card Overview Updated December 7, 2019

Apple Card

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

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75 '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 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.

Ecobee HomeKit Thermostat

Apple Card Stories November 14

Apple Card ‘sexist’ algorithm should be withdrawn, says Elizabeth Warren

US senator and presidential candidate Elizabeth Warren has said that the Apple Card‘s “sexist” algorithm should be withdrawn if the claimed bias cannot be explained…

Apple Card Stories November 11

Goldman Sachs has issued another statement on the ongoing allegations of gender bias in Apple Card credit limits. In a new statement this evening, Carey Halio, retail bank CEO of Goldman Sachs, said that the bank will reevaluate credit limits following the allegations.

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Goldman Sachs releases statement in response to ‘sexist’ Apple Card allegations

David Heinemeier Hansson recently brought attention to a potential issue with Apple Card applications, where his wife received a much lower credit limit than his own. Steve Wozniak also shared a similar story. The ‘algorithm’ was claimed by Hannson to be sexist and discriminatory. In a tweet, Apple card issuing bank Goldman Sachs has now released a statement in denial of these allegations.

Apple Card Stories November 10

A Wall Street regulator is said to be opening a probe into Goldman Sachs, Bloomberg reports this weekend. This investigation comes after a series of viral tweets last week alleged that gender discrimination was affecting the algorithms used to determine credit limits for Apple Card.

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