Lifting your credit freeze temporarily is free. Apple does a soft credit pull when you apply for Apple card so you can see Apple’s offer with credit limit and APR . A hard pull happens after you hit the “accept” button.
Apple does a soft credit pull when you apply for Apple card so you can see Apple’s offer with credit limit and APR. A hard pull happens after you hit the “accept” button. Apple wanted to make the Apple Card accessible to as many people as possible, which means Apple Card partner Goldman Sachs is approving people with a wide range of credit scores.
Apple Card is handling this a little differently than most other credit cards. The industry norm is to record a hard inquiry whether you are approved or declined for a card. Apple and Goldman Sachs are going a different route. You will only be hit with a hard inquiry if you are approved and accept your Apple Card offer.
Should you accept a credit card hard pull?
But the prescreening process will have given you a good sense of where you stand — whether the hard pull is going to be worth it. A few credit cards will even show you your specific offer, including credit limit and APR, before you accept the hard pull.
A query we ran across in our research was “What is a soft pull credit card?”.
Soft pull credit cards let you check for pre-approval and request a credit limit increase without a hard credit inquiry. Most soft pull credit cards do not, however, allow you to open a new account without a hard inquiry.
What is Apple Card and how does it work?
Unlike traditional cards, you do not need to place a phone call for activation purposes. With Apple Card you can make digital Apple Pay payments, but Apple is also providing a physical card. Since this is a credit card designed by Apple, it is, of course, unique among credit cards.
How does the Apple Card affect my credit score?
If you apply for Apple Card and your application is approved, there’s no impact to your credit score until you accept your offer. If you accept your offer, a hard inquiry is made.