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Apple Card launches today for all US customers

apple.com

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Re: Apple Card launches today for all US customers

#21

Post by lotsofpulp »

cydonian_monk wrote: post #11
ZeroCool2u wrote: post #7

Earlier quoted context omitted.

Especially one with such relatively poor rewards.

And a much worse APR than every other card I have. I was mildly interested until the application process showed me how much extra I'd pay just to not have a late fee.

I'm dumbfounded anytime I hear people even talk about credit card interest rates. Why are people borrowing money at double digit interest rates? Unless your kids are starving, what could be the investment that makes borrowing at that cost worth it?

I have no clue what my credit card interest rates are, they're all set to autopay.

Re: Apple Card launches today for all US customers

#23

Post by electic »

Brendinooo wrote: post #20
4ntonius8lock wrote: post #10

1% back using the card? I make few purchases with less than 3%. In terms of security, I've had my card cloned. Within minutes the bank locked the account and had a new card shipped. Hardly a big pain point they are solving. And most of us have more than one, so if any of our cards are down, we have others. It's merchants that currently carry the cost of low quality financial instrument standards we have. For privacy,…

How are you doing 3%? Rolling rewards? Doesn't seem like there are a lot of 3% cards out there without an annual fee or a set of conditions to try and fulfill. 2% on all Apple Pay purchases is pretty straightforward.

Not to mention the 2% and 3% cash back are for certain categories and there are limits to how much you can get back in a given year with other cards.

For example, most cards will allow you to get a 2% cash back up to $6,000 per year. I have yet to find a card that has unlimited 2% cash back on ALL purchases.

Apple Card is unlimited 2% back, no category restrictions, as long as you use Apple Pay. That's quite a deal.

Re: Apple Card launches today for all US customers

#24

Post by morpheuskafka »

tidepod12 wrote: post #19
lunchladydoris wrote: post #4

I can't believe that people are excited for a credit card.

I had a hearty laugh when I saw a seven minute unboxing video for the Apple Card on the front page of reddit. An unboxing video for a credit card that was somehow stretched into 7 minutes. The video included genius quotes such as "it fits into my wallet" and "it's about the same size as my other credit cards". This is the content that somehow got thousands of upvotes. It's seriously amazing how far the apple fandom h…

> "it fits into my wallet"

With Apple, any interoperability is a pleasant surprise (/s).

Re: Apple Card launches today for all US customers

#25

Post by suninwinter »

js2 wrote: post #14
brohoolio wrote: post #2

Pretty slick application process. Very quick approval. I’m digging the privacy. But it didn’t work when I tried to buy lunch. I’ll try again tomorrow.

Agreed the application process was slick. However, I have a fraud alert so I was expecting a phone call and didn’t get one. I guess I’m okay with that since I had to provide photos of the front and back of my license. I was less impressed when I wanted to switch to the card for my Apple purchased to get 3% back on my iCloud subscription and I had to manually go into the Wallet app to get the card number, expiration d…

There’s a “make default at Apple” button in the card settings that I was able to use to accomplish that without copy/pasting. Weird they didn’t just ask during the setup process.

Re: Apple Card launches today for all US customers

#26

Post by lotsofpulp »

sixothree wrote: post #22
lunchladydoris wrote: post #4

I can't believe that people are excited for a credit card.

As far as UI features, it's miles above any other card out there.

How is any card that can be added to Apple Pay or Android Pay different from any other?

Re: Apple Card launches today for all US customers

#27

Post by ceejayoz »

adamredwoods wrote: post #12

What I found interesting: - No card number - "At Apple, we firmly believe in your right to privacy. That’s why we created a unique architecture for Apple Card that generates things like your transaction history and spending summaries right in the Wallet app on your iPhone. Of course, Goldman Sachs will use your data to operate Apple Card. But they will never share or sell your data to third parties for marketing or a…

There is a card number, it's just not printed on the card. You can access it via the Wallet app on the connected phone.

Re: Apple Card launches today for all US customers

#28

Post by ceejayoz »

lotsofpulp wrote: post #26
sixothree wrote: post #22

Earlier quoted context omitted.

As far as UI features, it's miles above any other card out there.

How is any card that can be added to Apple Pay or Android Pay different from any other?

The statements, rewards, paying balances, support (via iMessage), etc. are all built directly into the Wallet app.

Re: Apple Card launches today for all US customers

#29

Post by twiceaday »

tidepod12 wrote: post #19
lunchladydoris wrote: post #4

I can't believe that people are excited for a credit card.

I had a hearty laugh when I saw a seven minute unboxing video for the Apple Card on the front page of reddit. An unboxing video for a credit card that was somehow stretched into 7 minutes. The video included genius quotes such as "it fits into my wallet" and "it's about the same size as my other credit cards". This is the content that somehow got thousands of upvotes. It's seriously amazing how far the apple fandom h…

Is it your intention to miss-lead or do you not realize that the credit card is made entirely out of Titanium, which is a novel concept and obviously raises questions about weight, size, and look.

Re: Apple Card launches today for all US customers

#30

Post by c- »

lotsofpulp wrote: post #21
cydonian_monk wrote: post #11

Earlier quoted context omitted.

And a much worse APR than every other card I have. I was mildly interested until the application process showed me how much extra I'd pay just to not have a late fee.

I'm dumbfounded anytime I hear people even talk about credit card interest rates. Why are people borrowing money at double digit interest rates? Unless your kids are starving, what could be the investment that makes borrowing at that cost worth it? I have no clue what my credit card interest rates are, they're all set to autopay.

It's because you're not the target market for credit cards, you probably lose the companies money.

I'm in the same boat as you except I also churn for miles/points.

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