Author Topic: Apple Card - New Apple Credit Card  (Read 781 times)

Offline lindnuck

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Apple Card - New Apple Credit Card
« on: March 25, 2019, 01:32:23 PM »
Apple announcing a new credit card, with daily cash back at 2% for ApplePay purchases, 3% for Apple purchases.

No fees: late fees, forex, annual.

https://www.apple.com/apple-card/
« Last Edit: March 25, 2019, 03:29:38 PM by lindnuck »

Offline ExGingi

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Re: Apple Card - New Apple Credit Card
« Reply #1 on: March 25, 2019, 01:36:39 PM »
Apple announcing a new credit card, with daily cash back at 2% for most purchases, 3% for Apple purchases.

No fees: late fees, forex, annual.

Are they forming a bank or is this a JV? After all they probably have more cash reserves of their own than most banks.
I've been waiting over 5 years with bated breath for someone to say that!
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Offline lindnuck

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Re: Apple Card - New Apple Credit Card
« Reply #2 on: March 25, 2019, 01:40:06 PM »
Are they forming a bank or is this a JV? After all they probably have more cash reserves of their own than most banks.

It's a MC and the bank partner is Goldman Sachs.  https://venturebeat.com/2019/03/25/apple-debuts-apple-card-to-transform-the-credit-card-experience/

Offline Ephraimh

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Re: Apple Card - New Apple Credit Card
« Reply #3 on: March 25, 2019, 01:41:51 PM »
Are they forming a bank or is this a JV? After all they probably have more cash reserves of their own than most banks.
Goldman Sachs.

Keep in mind 2% is only when you pay with your phone, if you pay with the actual card you only get 1%

Offline Muhammad

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Offline lindnuck

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Re: Apple Card - New Apple Credit Card
« Reply #6 on: March 25, 2019, 04:54:06 PM »

Offline greathummer7

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Re: Apple Card - New Apple Credit Card
« Reply #7 on: March 25, 2019, 06:37:34 PM »


Was hoping for more. Unless thereís more underneath the hood, looks like this is just another 2% back card. A lot to look at, not much to earn on.

Offline lindnuck

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Re: Apple Card - New Apple Credit Card
« Reply #8 on: March 25, 2019, 06:53:15 PM »
Was hoping for more. Unless thereís more underneath the hood, looks like this is just another 2% back card. A lot to look at, not much to earn on.

Agree, especially with no transfer partners. But since no AF might be fun to play around with, as the UI looks interesting.

Offline Thingywingy

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Re: Apple Card - New Apple Credit Card
« Reply #9 on: March 25, 2019, 09:09:42 PM »
Interestingly the cash-back is added daily.
I am sometimes accused of overthinking things. I am still mulling over whether that accusation has merit.

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Re: Apple Card - New Apple Credit Card
« Reply #10 on: March 26, 2019, 07:51:24 AM »


looks like this is just another 2% back card

A card that the Apple fans will go nuts and the media will report on it that's it's a card like never before


Offline Mordyk

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Re: Apple Card - New Apple Credit Card
« Reply #11 on: March 26, 2019, 08:58:47 AM »
Why would they go into credit cards? Wasn't steve jobs all about innovation and the future? he is probably twisting in his grave right now

Offline Shauly101

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Re: Apple Card - New Apple Credit Card
« Reply #12 on: March 26, 2019, 09:52:17 AM »
Goldman Sachs.

Keep in mind 2% is only when you pay with your phone, if you pay with the actual card you only get 1%

will there be an actual card? my understanding was that it will be virtual only

Offline Ephraimh

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Re: Apple Card - New Apple Credit Card
« Reply #13 on: March 26, 2019, 09:53:15 AM »

Offline Ephraimh

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Re: Apple Card - New Apple Credit Card
« Reply #14 on: March 26, 2019, 10:04:47 AM »
Thatís a lot of views in 20 hours.