While the Apple Card may appear to be the credit card of the future, it may not be the best fit for you — especially if you’re focused on earning the maximum rewards. We review the Apple Card and its features to see if it is worth your consideration. The Apple Card is a rewards credit card with an interesting cash back program.
Should you get the Apple credit card?
If you use the physical version of the card, which is an option at retailers that don’t accept Apple Pay, you’ll earn only 1% cash back. It’s unclear what kind of credit scores you’ll need to qualify for the Apple Card, but assuming you are credit worthy, you might benefit from this card. , and here’s how. Apple juice runs through your veins.
There are no sign-up benefits While you can be approved and start using your card pretty much immediately, that’s about the only benefit associated with the sign-up process. Apple’s credit card does not have an introductory APR rate or any other benefits associated with signing up.
The Apple Card doesn’t offer that. A travel rewards card can, though. The $0-annual-fee Bank of America® Travel Rewards credit card, for example, earns 1.5 points per dollar on all purchases, not to mention a plum of a sign-up bonus.
What is the Apple Card?
Unlike other credit cards, the Apple Card is built form the ground up to work in Apple Pay (but there’s also a physical card for merchants who don’t accept the mobile wallet). It also comes with a variety of unique features and more traditional credit card benefits. It launches in Summer 2019. It’s all pretty simple.
When I was writing we ran into the inquiry “What can you do with an Apple Card?”.
Use it to buy things in stores, on websites, and in apps. Make a payment on your Apple Card. Pay back a friend in Messages. Or send it straight to your bank account and watch it add up. Get 3% Daily Cash back when you shop at Apple.
When can I start using my Apple Card?
And as soon as you’re approved, you can start using your Apple Card pretty much immediately. Of course, you’ll still need to wait to get your physical titanium card in the mail. The Apple Card platform has a pretty unique feature: daily cash back. It’s pretty much exactly what it sounds like it is.
Can you apply for the Apple Card again?
You can apply for Apple Card again, but you might receive the same decision. If you want to receive a different decision on your application when you apply again, you should review your credit report to see if you have conditions that might result in a declined application and then check for these common errors in your credit report.
And with the Apple Card, the Cupertino tech giant really delivers. For one, you apply for the card directly within the Wallet app — which is almost certainly already on your phone, depending on the age of your device. Apple says you should hear back very quickly.