Apple credit card – release date, features and requirements
Apple Credit Card release date were set to summer of 2019. Right now, in Cupertino – California, in a roar of applause and encouragement, the Apple Card was launched.
Jennifer Bailey, the Apple Pay’s Vice President, presented this new Apple’s feature: “In just a few minutes, after you’ve signed up in your Apple account, you can get your Apple Card and use it right away. You can use it everywhere, in the World Wide sector: In Apps, in Stores and on the Web. Your Apple Card will be available on all of your signed Apple devices. “. These are the only Apple Card requirements.
Apple Card Features
Consumers will also be able to track purchases, check balances and view when their invoice is due straight from the app. There will also be a physical card, made of titanium- laser-etched , but without any credit card number, CVV, expiration date, signature, or any other kind of identification, like we see on the regular credit cards. All of that authorization information is stored straight in the Apple Wallet app.
Jennifer Bailey also says that it’ll use machine learning and Apple Maps to label stores that you’ve used in the app, and use that information to track purchases across categories like “food and drink” or “shopping.”
Cash back rewards will be credited to Apple Pay users’ accounts on a every day, Bailey said, and the card will not charge annual fees, international fees or late fees.
Apple Card Revenue Program
Every time you will buy something through the Apple Card application, you will get a percent of money that you’ve just spent. So, the Cardholders will receive 2 percent cash back on all purchases made utilizing their phones or 3 percent cash back on Apple items. For the physical Apple Card, you will get 1 percent cash back on buys.
Apple Credit Card Goldman Sachs
The card will be issued by the Goldman Sachs Group Inc and supported by the Mastercard Inc Network. The Apple Card is Goldman’s first credit card. The Wall Street investment bank has been offering further more products to purchasers, which includes personal loans and savings accounts through its Marcus online bank.
As we already know, Apple put a very good effort to keep the privacy of their users very safe. “Apple doesn’t know what you bought, where you bought it, and how much you paid for it,” said Jennifer Bailey. Apple also statements that “Goldman Sachs will never sell your data to third parties for marketing and advertising.”
Frequently Asked Questions about Apple Credit Card:
1. Apple Credit Card Release Date:
R. I don’t know yet, but Apple announces that somewhere in the summer of 2019. So, basically, in the next months.
2. Apple Credit Card Login:
R. You can find this new Apple’s feature in the Wallet app of your iPhone. Because it is a the newest awesome feature of the Company, Apple will show you every next step you got to do.
3. Apple Credit Card only in United States?
R. At this moment, Apple announce that this feature will be available only in the United States of America.
4. Apple Credit Card Rewards:
R. Apple doesn’t opt for a points structure. It gives you cash back on each dollar you spend, through a program named Daily Cash.
Basically, these rewards will apply:
- 1% when you’ll use the physical Apple Credit Card;
- 2% when you’ll use your Apple Card ( the digital one, or the app ) on any online payment;
- 3% When you’ll use your Apple Credit Card to buy Apple products.
5. Apple Credit Card Charges:
R. There are no late fees, annual fees, international fees or fees for going over your limit.