"No late fees"
then...
"The company also notes that “late or missed payments will result in additional interest accumulating toward the customer’s balance."
Reality distortion field is still going strong I see.
Apple announces Apple Card credit card
421–430 of 778 posts
Re: Apple announces Apple Card credit card
#422Am I the only one who thinks Apple may have run out of ideas? Credit card business is messy with fraud, late payments, disputes, customer service issues etc. This will have anything but a positive impact on the Apple brand. Also, Apple will be a junior partner to Goldman who will do the heavy lifting. Why would Apple want to be the junior partner to Goldman Sachs?
Re: Apple announces Apple Card credit card
#423Earlier quoted context omitted.
I've... actually never heard of these. Why isn't this more popular?
American Express offers both credit cards and charge cards. The "black card" might be the most well known of all cards and its only real limit is AMEX's judgement of your ability to repay the charges.
The same applies to the Platinum Card- it defaults to being a charge card but they offer people a built in credit card as well. The interest rate on it is insane though, so even though I have it as an option I've literally never used it as a credit card.
Re: Apple announces Apple Card credit card
#424Just allow me to create as many 'virtual' credit cards from a single card and that's enough. Every single provider that promised that feature has either underwhelmed, or gone out of business.
Revolut lets you do this, but I suspect they will be going out of business soon, given the new competition from Apple.
The major difference is that Revolut is prepaid, whereas this one is credit.
Re: Apple announces Apple Card credit card
#425I want to know what sort of extended warranty insurance they will provide. There was no mention of this in the presentation today. They mentioned giving 3% cash back on anything bought from Apple. Right now American Express is giving me 3% back on all computer purchases and extending AppleCare by 2 additional years. I made the most recent purchase with that card via Apple Pay. So if I went out and bought a new MacBoo…
What specific Amex card gives the 3% on computer purchases?
Sounds like the SimplyCash® Plus Business Credit Card lets you pick a 3% category.
https://www.americanexpress.com/us/credit-cards/benefits/det...
Re: Apple announces Apple Card credit card
#426Looking forward to the super high but achingly cool interest rate.
Re: Apple announces Apple Card credit card
#427I am going to state my unpopular opinion once again on HN, but so be it: SCREW GOLDMAN SACHS. So - with that said, without getting mad at me, look at the long history of shenanigans that GS is responsible. Lets start first with the Wolf of Wall Street (the movie) -- if you're not familiar, GS helped the PM of Malaysia rob the country of ~4 billion in profits, from which one of the Playboy-money-guys from Malaysia, st…
You should stop getting your news from Hollywood movies. Goldman Sachs is the very face of American capitalism. They are no more guilty than any other large financial institution of their age in shady practices. The problem you have is with the exploitative nature of the global capitalist system itself, not the specific actor. Just take a look at the history of Deutsche Bank, HSBC, or Credit Suisse if you think Goldman is by any means special in that regard.
Re: Apple announces Apple Card credit card
#428Re: Apple announces Apple Card credit card
#429I am going to state my unpopular opinion once again on HN, but so be it: SCREW GOLDMAN SACHS. So - with that said, without getting mad at me, look at the long history of shenanigans that GS is responsible. Lets start first with the Wolf of Wall Street (the movie) -- if you're not familiar, GS helped the PM of Malaysia rob the country of ~4 billion in profits, from which one of the Playboy-money-guys from Malaysia, st…
You should stop getting your news from Hollywood movies. Goldman Sachs is the very face of American capitalism. They are no more guilty than any other large financial institution of their age in shady practices. The problem you have is with the exploitative nature of the global capitalist system itself, not the specific actor. Just take a look at the history of Deutsche Bank, HSBC, or Credit Suisse if you think Goldm…
Sounds a bit like Nuremberg defense, don't you think?
"The System ordered us to rob people."
Re: Apple announces Apple Card credit card
#430This sounds like a mediocre credit card (2% back but only with Apple Pay — if you’re okay with cash back on only some transactions, there are much better cards) with some benefit in the form of a nice experience. I guess that, if Apple’s marketing power can sell a ton of these, there’s considerable upside for them, but it doesn’t sound like a truly impressive innovation.
It's 2% cash back on Apple Pay, 3% cash back on Apple products, and 1% cash back on non-Apple Pay, non-Apple products. Do you know a better card that always gives 2% cash back, no cap?
Do you know a better card that always gives 2% cash back, no cap?
It doesn't always give 2% cash back, it only gives 2% cash back for places that offer Apple Pay. A significant portion of my CC chargers are at places that don't offer Apple Pay.