Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

Apple announces Apple Card credit card

theverge.com

Post reply on HN
Print view View original

41–50 of 778 posts

Re: Apple announces Apple Card credit card

#41

Post by paul7986 »

ckastner wrote: post #4

> get a digital card that they can use anywhere Apple Pay Apply Pay users: how broad is Apply Pay adoption? Is this a viable replacement for a VISA, Mastercard or AMEX? I'm intrigued by the privacy angle to this, seeing as VISA and Mastercard apparently share and/or sell a lot of transaction data with/to third parties. Edit: The article has been updated: As rumored, Apple is partnering with Goldman Sachs for Apple Ca…

Apple Pay is available and used for about 50% of my daily transactions here in the Washington DC/Mid-Atlantic region.

Re: Apple announces Apple Card credit card

#43

Post by jwagenet »

How does something like this work in Europe with no signature on the card? When I tried to use a US card without a PIN that I hadn't yet signed, a German checker made a fuss about the missing signature. This isn't a problem in the US where no one bothers checking the signature.

What about a brewery I went to this weekend where neither swipe or chip was available for their POS and the card number was manually entered?

Re: Apple announces Apple Card credit card

#44

Post by jki275 »

freyir wrote: post #39
bxio wrote: post #26

Innovative privacy features in exchange for sub-par rewards. RIP us North of the border, though.

2% cash back on all purchases through the phone with no annual fees? I’d wager this is much better than what the majority of Americans currently have.

Yes, and 3% for purchases from Apple, 1% for purchases using the physical card.

Re: Apple announces Apple Card credit card

#45

Post by ex3ndr »

ckastner wrote: post #4

> get a digital card that they can use anywhere Apple Pay Apply Pay users: how broad is Apply Pay adoption? Is this a viable replacement for a VISA, Mastercard or AMEX? I'm intrigued by the privacy angle to this, seeing as VISA and Mastercard apparently share and/or sell a lot of transaction data with/to third parties. Edit: The article has been updated: As rumored, Apple is partnering with Goldman Sachs for Apple Ca…

100% in russia

Re: Apple announces Apple Card credit card

#46

Post by jki275 »

jwagenet wrote: post #43

How does something like this work in Europe with no signature on the card? When I tried to use a US card without a PIN that I hadn't yet signed, a German checker made a fuss about the missing signature. This isn't a problem in the US where no one bothers checking the signature. What about a brewery I went to this weekend where neither swipe or chip was available for their POS and the card number was manually entered?

open up the wallet app, get the info and enter it.

Re: Apple announces Apple Card credit card

#47

Post by saagarjha »

wnevets wrote: post #23
nabaraz wrote: post #2

Highlights: - 2% on all Apple Pay purchases - 3% on Apple purchases. - Zero fees - Virtual card numbers - Privacy

>- Virtual card numbers can you create your own?

No, each “purchase” gets its own code to keep them separate to merchants.

Re: Apple announces Apple Card credit card

#48

Post by netsharc »

I remember reading an article a few years ago that said Apple has so much money overseas, the most logical thing they can do is to start a bank. Can't find it atm (I'm on mobile). But maybe that has changed after the GOP's tax law changes.

Re: Apple announces Apple Card credit card

#49

Post by sk5t »

nabaraz wrote: post #25

With the rise of smartphone payments like Samsung Pay, Android Pay and Apple Pay , is there even a need for credit cards? How long until these companies start skipping payment processors like Visa and Mastercard and take the whole pie?

YMMV but I absolutely will not bite on non-creditcard-facilitated payments until/unless the same or better consumer protections are in place.

Re: Apple announces Apple Card credit card

#50

Post by freyir »

jki275 wrote: post #44
freyir wrote: post #39

Earlier quoted context omitted.

2% cash back on all purchases through the phone with no annual fees? I’d wager this is much better than what the majority of Americans currently have.

Yes, and 3% for purchases from Apple, 1% for purchases using the physical card.

Yes, and 1% isn’t the best rate available, but you could always fall back to another rewards card instead of using the physical card.
Post reply on HN