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Apple Card launches today for all US customers

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Re: Apple Card launches today for all US customers

#31

Post by shurcooL »

ZeroCool2u wrote: post #7
lunchladydoris wrote: post #4

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

Especially one with such relatively poor rewards.

It might be desirable for some people if there is an option for a minimalist card. One that offers the following features:

• can make purchases with it; no fees (when you pay it off on time)

Without any of the following:

• rewards, deals, special offers, other gimmicks and spam

Maybe the Apple Card will be an interesting option for people looking for something simpler and aren't trying to maximize the rewards.

Re: Apple Card launches today for all US customers

#32

Post by sixothree »

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?

Also, the dollar amount in interest you pay can be easily understood with a slider.

Re: Apple Card launches today for all US customers

#33

Post by traderjane »

As a privacy product the Apple Card is interesting, but as a financial product the interest rates are high and the rewards boring. All it takes is another bank to say "we will also have a strong and clear privacy agreement with you" and they will match Apple in my mind.

Re: Apple Card launches today for all US customers

#34

Post by js2 »

This is not a card for people looking to maximize rewards. It’s for Apple users who want decent benefits and no fees, who will mostly use Apple Pay. (Apparently it’s also good for folks establishing a credit history who might not otherwise get approved.)

I’ve got 300k points between AmEx and Chase and I recently realized I can’t ever use them when I want to. I don’t want to play all the games of which points can I use where and when. I don’t want an annual fee. I don’t want to have to juggle several different cards. I don’t want to have to “activate” this quarter’s latest deals. So I just switched to a straight 2% cash back card.

My one exception was keeping the Chase Amazon card since it’s 5% back at Whole Foods and that’s too much to turn down.

But I made the Apple Card my other exception today. My credit files are unfrozen at the moment as I juggle cards so I decided why not grab it. It was a simple application process and I tied it to my Apple ID so I get 3% back from Apple for my iTunes and iCloud purchases.

I don’t get folks coming here to criticize the card. It’s just a credit card. Take it or leave it.

Re: Apple Card launches today for all US customers

#35

Post by huy-nguyen »

electic wrote: post #23
Brendinooo wrote: post #20

Earlier quoted context omitted.

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.

Citi double cash gives a flat 2% back for any purchase.

Re: Apple Card launches today for all US customers

#36

Post by tidepod12 »

twiceaday wrote: post #29
tidepod12 wrote: post #19

Earlier quoted context omitted.

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.

"novel"? Is it your intention to miss-lead [sic] or do you not realize that metal credit cards have been a thing for decades?

The Chase Sapphire Reserve/Preferred, two of the most popular credit cards in recent years, are metal cards. The Amazon credit card is metal. The AmEx Platinum is a metal card. And this is just a handful of cards among the 22 listed here [1].

1: https://www.creditcardinsider.com/blog/metal-credit-cards/

Re: Apple Card launches today for all US customers

#37

Post by intopieces »

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.

Emergencies happen.

Re: Apple Card launches today for all US customers

#38

Post by tyleo »

twiceaday wrote: post #29
tidepod12 wrote: post #19

Earlier quoted context omitted.

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.

This is, in fact, not a novel concept. Billy McFarland of Fyre Festival fame had previously started a company, Magnesis, which also offered a metal credit card.

Re: Apple Card launches today for all US customers

#39

Post by fitzroy »

My biggest hope for this card is that it encourages far more people to use Apple Pay (2% vs 1% cash back), which, in turn, encourages more retailers to optimize the checkout process for contactless, and hopefully gets rid of having to use that gross stylus that everybody touches to sign that low-res LED screen with something that looks nothing like my signature.

And it would also be great if it encourages US restaurants to switch to using the portable machine at your table instead of taking your card away.

Re: Apple Card launches today for all US customers

#40

Post by ericabiz »

electic wrote: post #23
Brendinooo wrote: post #20

Earlier quoted context omitted.

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.

There are plenty of 2% cash back credit cards (just Google the term and you'll find plenty of places blogging about them.) I have the Alliant 3% cash back card--it's 3% for the entire first year on every purchase.
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