Apple Card is a credit card created by Apple in cooperation with Goldman Sachs and Mastercard. It was build with simplicity, transparency, and privacy for people loving Apple Pay. This card is only available right now in the US.
This card can be used on the MasterCard payment network all over the world. You cannot have a better card in the Apple ecosystem. Every purchase get a color and a category to know easily where you spend your money at every moment. Everything is well designed and simple to avoid interest.
For every purchase you make, you get Daily Cash back:
- 3% Daily Cash back on everything you buy from Apple, Uber, Uber Eats
- 2% Daily Cash back anytime you buy something using Apple Card with Apple Pay.
- 1% Daily Cash back when you use Apple Card on a store, a website, or an app that doesn’t take Apple Pay yet.
This card has no fees, No annual, over-the-limit, or late fees. No markup on exchange rate too. This card uses the exchange rate from Mastercard.
Apple Card is a credit card so you can get interest (Variable APRs range from 12.74% to 23.74% based on creditworthiness) if you don’t make a payment. Apple Card estimates the interest you’ll wind up paying, based on any payment amount you choose. And it does that in real time, so you can make an informed decision about how much of your balance to pay down. As every other credit card in the US, to be eligible to get a Apple Card, your application has to be evaluated and approved by Goldman Sachs. You can get more information about that on this link.