181–190 of 198 posts
The stupidest thing about the Apple Card is how broken their customer service systems are due to a combo of Goldman never issuing a card before, and the tight integration with Apple for account management. Primary example of this is there is no way to update your email address with the bank. It's your Apple ID and can't change. How do I know this? I changed my Apple ID several years ago, but my credit card comms stil…
> there is no way to update your email address with the bank. It's your Apple ID and can't change. These articles worked for me? Update your Apple Card account information (including email address): https://support.apple.com/en-us/102512 Change your Apple Account primary email address: https://support.apple.com/en-us/109353
Only Apple Card didn't get the memo and there's no way to poke them to make them update.
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Marcus still exists in the US. I use them for my savings account. They don't have anything besides that that I know of (checking, brokerage). Current APY 4.1% so as good as you can find in a savings account here.
My American Express savings account gets me an APY of 4.1%, so there's other options, but agree that it seems like either are the best rate I've found in the US.
CIBC is currently at 4.61%!
Note: I'm aware it's a Canadian bank, but this particular branch of it does business in the US and this is a normal USD account.
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My Apple Card gives me an entire month to pay off the balance, and I am actively encouraged to keep paying it off throughout the month. The cash back rewards are simple and quickly paid out. There are no late fees. The UI for the software side of it is exceptional. It is by far my favorite credit card.
It's also nice that the cash back is actually cash which can be automatically directed into the accompanying savings account, where it accrues 4.10% APY interest. None of the usual funny business with points with shifting valuations, restrictions on how they can be spent, etc.
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Also, you do need to explicitly specify you want to use the interest-free installment option when making the purchase. It's not automatic, even when buy an Apple product at an Apple Store.
Yes. I found this out after purchasing a new laptop for my wife. One call to the Apple store that I bought the device at fixed it though. It really was (mostly) painless.
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I disagree. It doesn’t matter if it’s a $1T company, the fine effectively turned their profitable decision into a loss. That seems like a reasonable approach. By your logic, if a company is running at a loss should the fine be negative?
> It doesn’t matter if it’s a $1T company, the fine effectively turned their profitable decision into a loss. Sure, but I don’t think just causing any amount of loss acts as a deterrent. Especially if the company is large enough to absorb the loss with no real consequences. > By your logic, if a company is running at a loss should the fine be negative? No, that’s a dumb question. A negative fine isn’t a fine and isn’…
Is it? Or is it purely to make the action a net negative?
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> an auto payment taking a week to withdraw from my bank account As an aside, for anyone using an Apple Card today, a handy way around this is to not make payments via ACH. Use your debit card with Apple Pay to pull money instantly into Apple Cash, then use that to instantly pay your credit card bill. An extra step, sure, but it's instant .
Why would you even use a credit card if you have the money? You don't have to bother with the loan aspects of the card then (and the paying off). You could just use a debit card. This is what keeps me from even considering an apple card, I don't need any credit and getting credit registered against my name will make it more difficult to get a mortgage.
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> It doesn’t matter if it’s a $1T company, the fine effectively turned their profitable decision into a loss. Sure, but I don’t think just causing any amount of loss acts as a deterrent. Especially if the company is large enough to absorb the loss with no real consequences. > By your logic, if a company is running at a loss should the fine be negative? No, that’s a dumb question. A negative fine isn’t a fine and isn’…
> But the point of a fine is to be a deterrent. Is it? Or is it purely to make the action a net negative?
Making an action a net negative _can_ act as a deterrent as in the $1B case earlier.
The issue is that, at a certain scale, the risk of simply having an action be a net negative may be worth the potential upside.
I honestly don’t understand what’s so disagreeable about this idea.
What else would a fine be other than a serious deterrent to an illegal action? A mild annoyance?
What else could the point be? I guess social retribution? But that’s just pointless.
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> an auto payment taking a week to withdraw from my bank account As an aside, for anyone using an Apple Card today, a handy way around this is to not make payments via ACH. Use your debit card with Apple Pay to pull money instantly into Apple Cash, then use that to instantly pay your credit card bill. An extra step, sure, but it's instant .
Related: Most banks let you pay credit cards over the phone using a debit card. This is usually intended for debt collection though, so you may have to have to call the debt collection phone number to do it. Of course the main use case for tech people is maxing debit card rewards until they close your account :)
Any tips?
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> an auto payment taking a week to withdraw from my bank account As an aside, for anyone using an Apple Card today, a handy way around this is to not make payments via ACH. Use your debit card with Apple Pay to pull money instantly into Apple Cash, then use that to instantly pay your credit card bill. An extra step, sure, but it's instant .
Why would you even use a credit card if you have the money? You don't have to bother with the loan aspects of the card then (and the paying off). You could just use a debit card. This is what keeps me from even considering an apple card, I don't need any credit and getting credit registered against my name will make it more difficult to get a mortgage.
Debit cards are the worst of all options. Any fraud means the money is immediately gone from your account. Yes you can often get it back eventually, but eventually takes time.
> I don't need any credit and getting credit registered against my name will make it more difficult to get a mortgage.
If you're planning on getting a mortgage I suggest studying up on this, because reality is the opposite of what you say. An important factor in your credit score is how much credit you have that you don't use. So what you want is lots of credit cards with very high limits to maximize your credit score.