Apple Credit Card Is Now Available, With Invitations

Mobile

The Apple credit card designed primarily for mobile use is here. Some iPhone users who requested a notification about Apple Card will get invites Tuesday to apply through Apple’s Wallet app.

Written By Associated Press Television News | Mumbai | Updated On:

The Apple credit card designed primarily for mobile use is here. 

Some iPhone users who requested a notification about Apple Card will get invites Tuesday to apply through Apple’s Wallet app. The company plans to expand sign-ups more broadly in the coming weeks. The card, announced in March in partnership with Goldman Sachs, is available only in the US. 

Apple promises quick sign-ups and the elimination of most fees. Customers typically get 2% cashback when using Apple’s app to pay. Industry experts say financial benefits of card mirror many of those already out there for consumers. 

What sets Apple Card apart from other cards is its reliance on the iPhone. Though customers can request a physical card for free, an iPhone is required to apply, check statements and pay balances. 

The app will offer tools to manage spending and suggest payment amounts based on past payments and spending. And cashback rewards return to customers through an Apple Cash account, which can be used for other purchases, credit card payments and transfers to traditional bank accounts. 

Goldman will be in charge of approving applications and monitoring transactions for fraud. Apple says it isn’t getting transaction data and has agreements that bar Goldman from using data for other purposes, such as advertising and marketing Goldman’s other services. 

Also Read: WhatsApp Multi-platform Compatibility Including That On Apple IPads Rumoured To Go Official Soon

Also Read: Apple Workers Eavesdrop On Your Sensitive Private Conversations To 'improve' Performance Of Siri Voice Assistant: Report

Also Read: Bill Gates Rates Steve Jobs Highly, Says He Could “Cast Spells” On Apple Employees In Matters Of Motivation​​​​​​​

Published:
By 2030, 40% Indians will not have access to drinking water
SAVE WATER NOW
PEOPLE HAVE PLEDGED SO FAR
DO NOT MISS