The Apple credit card developed by Apple Inc. is the Apple Card. Apple card is primarily designed for use with Apple pay or apple devices. Apple devices include iPhone,iPad, Apple watch or MAC. The early preview invitation of Apple card was provided for selected users on August 6, 2019, who had previously signed up for email notifications before the official launch.
The first announcement of Apple card was held on March 25, 2019, at an Apple special event. This special event was focused on new internet software and services. Apple card was officially release date was on August 20, 2019, in the United States in which joint accounts and additional cardholders are not supported.
The physical Apple credit Card works anywhere credit cards are accepted. A person must be 18 years or older with a US residential address with a US driver’s license or state ID for applying for Apple card. And also he needs an iPhone 6 or newer running iOS 12.4, as well as iCloud and an Apple ID.
Apply for Apple Card
In order to start the application first open the Apple Wallet app on your iPhone. Tap add button then selects Apple credit Card, and click Continue. After that, it will ask you to fill out your information, such as an address, birthday, income and the last four digits of your Social Security number. Once done, click agree to the terms. Then the information is submitted to Goldman Sachs to approve or decline your application. Goldman sachs apple credit card will be approved if you have good credit score.
The Apple card only facilitates Apple device users as it works with wallet app by registering the card with it. To apply, user should follow the instructions as given below,
- Open the wallet app on an i-phone
- Tap “+” button on the upper right corner.
- Select ‘Apple card’ option
- Fill your detailed information like Name, DOB, E-mail etc.
- After verification, your Apple card will be added to the wallet.
It takes less than a minute, but you will be submitted to a TransUnion credit check. If the application approved, you will see an initial credit limit and APR offers. A higher score means a higher credit limit that means your credit limit offer will vary based on your credit score.
A person has 30 days to accept and his credit score is not affected until after he accepts. The credit limit also increases over time, and there are no fees for exceeding your credit limit. There’s also no sign-up fee, no annual fees, and no international fees.
When the Apple card application is success, you will get apple card in digital form and will be appearead immediately in the Apple wallet and the physical apple card will arrive through post after a few days. You will also get alerts and delivery and shipment details through the Apple wallet. Apple card application is simple by using the your Apple credentials.
Apple Credit Card Benefits
The main features of the Apple credit card include Interest range, Security, Customer service, Machine learning, No fees, Interest calculator, Daily Cash.
Interest: The range of interest available for apple card is higher than other reward cards. So that, it will ultimately accept more customers than it would. The range provided by the Apple card is 13.24% to 24.24% APR range.
Security: Apple provides huge security for Apple credit card. There are no identifying pieces of information on this physical card. That means there is no credit card number, CVV, expiration, and signature on Apple card. So it is not easy for the thieves to steal this.
No fees: In apple cards, there are no fees , so there is no need to worry about how much it costs.
Interest calculator : A simple wheel mechanism allows the user to calculate interest based on how much of balance he is carrying and his monthly payments.
Apple card provides daily cashback and rewards whenever a purchase is made. So the apple card is the credit card developed by the Apple Inc. which is primarily designed for use with Apple pay or apple devices such as iPhone,iPad, Apple watch or MAC.
The main benefits of Apple credit card have good Interest rate, Security, Customer service, Machine learning, No fees, Interest calculator and Daily Cash. It has no annual fees, late payment fees, foreign transaction fees, and over-limit spending fees. Apple card is consumer-friendly and it provides users to pay less interest and won’t have a penalty APR.