Finally, Apple announced its Services. For the last couple of months, every Apple fanboy has been talking about the services Apple was to launch. While many have speculated about Apple’s entertainment package only (and they were right), the technology company surprised the attendees by launching Apple Pay and Apple Card.
Apple Card: All You Need to Know About Apple’s New Credit Card
Like every other Apple product and service, Apple Card is simple, secure, and transparent. Making your transactions is smooth from your iPhone. Or you can use Apple’s titanium card in the world.
Apple Card is in the Wallet app on your iPhone. The physical card has really changed its appearance. Unlike other popular plastic cards, Apple’s doesn’t show your card number, CVV, expiry date and all.
Two of the most dazzling features of Apple Card are where you spent your money and how much you spend on a particular category. At the end of a month, you can see the map to know where you paid your bucks; tap to pinpoint on the map. Further, your expenses are categorized color-coded; Entertainment, Food, Shopping, etc.
The colors also show your spend summaries. For example, if you see a long orange bar, you have spent a lot of bucks on food and beverages.
One feature that matters the most to all users is Daily Cash. Whenever you buy something using your Apple Card, you get a portion your purchase back in Daily Cash.
There is no limit to how much cash you can add to your kitty. Your Daily Cash goes into your Apple Cash card.
No Annual Fees and Less Interest
To make this service simple, Apple doesn’t charge any fees or hidden costs. Paying down your balance is easier than ever as there is no annual fees, cash-advance, over-the-limit, or late fees.
To differentiate its credit card, Apple encourages you to pay less interest. When you are planning to make a payment, Apple Card gives you an estimate of interest you will be paying. This estimate is based on an amount you select.
When you are using the Apple Card, you are the only one who knows the details. The card comes with all the advanced security technologies built in; you can use your Face ID, Touch ID, and unique transaction codes.
Apple Card is truly global as the company has joined hands with Mastercard as its global payment network. When you buy something from apps and websites, you can use your virtual card encrypted in the Wallet app. On Safari, your details are auto-filled.
Apple and Goldman Sachs
Goldman Sachs has issued its first consumer credit card, and it is for Apple. For the security and privacy of your financial transactions, Goldman Sachs will never share or sell data to third parties for marketing and advertising.
That’s all friends!
Apple Credit Card Release Date
Apple’s credit card is one of the most excellent services the company announced in its event. Consumers will appreciate Apple Card’s privacy and security at every level. The card will be launched in more than 150 countries in the coming summer.
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