New Credit Card for Apple Users, 'Apple Card'

"Apple Card builds on the tremendous success of Apple Pay and delivers new experiences only possible with the power of the iPhone".

Jennifer Bailey, Vice-president

What is Apple Card?

Apple has changed the way we are using a credit card by launching a revolutionary 'Apple Card'. Apple introduced this to enhance the customer experience of users and provide them a happier and healthier financial life. Apple Card is built into an Apple Wallet so security is really great. According to sources data, By using Apple Card user's need to pay less interest in the comparison of other card services. Apple cards will be launched in the US from summers.

What is Apple Card?

Apple has changed the way we are using a credit card by launching a revolutionary 'Apple Card'. Apple introduced this to enhance the customer experience of users and provide them a happier and healthier financial life. Apple Card is built into an Apple Wallet so security is really great. According to sources data, By using Apple Card user's need to pay less interest in the comparison of other card services. Apple cards will be launched in the US from summers.

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HOW DO YOU USE THE APPLE CARD?

You can utilize the Apple Card in three different ways. On the off chance that you pick it as the installment source in Apple Pay, at that point you can utilize it wherever you typically use Apple Pay, be it on the web or through tap-to-pay deals terminals and different contactless purposes of administration.

The physical card works simply like a standard chip Visa. In any case, Mastercard affirmed to The Verge that it won't bolster contactless installments, so you can't simply tap the titanium card to a terminal. Non-Apple-related prizes maximize at 1 percent money back per buy for the physical card.

The Apple Card doesn't have any numbers, a CVV, or a termination date imprinted on the card, yet it has an attractive stripe and a chip. On the off chance that you are paying on the web at a vendor that doesn't acknowledge Apple Pay, you'll utilize the third method to pay: return to the Wallet application to create those numbers basically. You can either keep a similar Mastercard number or create another number for every exchange. This is like how banks enable you to make new computerized Visa numbers for online installments so as to keep your data from being abused.

 

WHAT IF YOU LOST THE CARD?

In the case, you can easily card your block and request for new one. You don't need to wait for a new one for a very long time, you can use a virtual credit card from that moment only. Apple has a tie-up with Goldman Sachs so it's really secure.

HOW IT IS DIFFERENT FROM OTHER CARDS?

The interest rate of the Apple Card is 13.24 percent. Amazon and Uber Cards offering signup cashback but Apple Doesn't. Yeah, you will get 1% cash back for each purchase in Apple Cards according to sources( terms & conditions applied) but as per experts words, Apple can offer more cash back and offers for their cards.

When will the card arrive?

The applications will be open in the summer of 2019. But for the public launch, you need to wait for some more time. Maybe the first who get the Apple cards are Goldman Sachs Employees.

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