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Chase to become new issuer of Apple Card

jpmorganchase.com

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Re: Chase to become new issuer of Apple Card

#101

Post by zerocrates »

smsm42 wrote: post #79
emilsayahi wrote: post #24

Earlier quoted context omitted.

Isn't this kind of card normal? The Fidelity card is basically the same (no fees, 2% cash back) but without any Apple-specific restrictions EDIT: The Fidelity card has late fees, I guess. Does the Apple one not? It shouldn't really affect you if you know what you're doing

I don't believe any card would mean "no fees" as "no late fees". It would be insane. I mean, I just take their money and never pay back and they are fine with it? Doesn't sound possible. I think they mean "no fees for regular usage" - like, annual fees, etc.

They really don't have late fees.

If you just never pay you'll owe a bunch of interest and they'll eventually send you to collections... the same basic process as for a normal card but just without the fees stacked on top.

Re: Chase to become new issuer of Apple Card

#102

Post by usefulcat »

noduerme wrote: post #82
dillon wrote: post #76

Earlier quoted context omitted.

Apple Card can also sometimes offer 3% like at Walgreens and you can also get 6 months of free Uber One. Another benefit of the Fidelity card is they reimburse your Global Entry or TSA pre check. It’s not a bad idea to have both cards because the Apple Card is 1% with the physical card so having the Fidelity card with you for places that don’t accept Apple Pay is a good idea.

Anyone who's ever had to pick up a prescription at a Walgreens will tell you that 3% doesn't begin to make up for the incredible shit you have to endure there. It's like being placed on hold indefinitely, only you have to keep standing in one spot while people sneeze on you, all while guys with backpacks come in and steal everything that isn't locked up. And if there's something you want like antacids or razor blades…

I don't know where you live but the Walgreens near me is nothing like that.

Re: Chase to become new issuer of Apple Card

#103

Post by zarzavat »

plorkyeran wrote: post #64
mullingitover wrote: post #28

The hilarious thing is the Apple card is a chunk of titanium and doesn’t have contactless payment capabilities in the year 2025. (Obviously their angle is you’ll use your phone or watch, which isn’t a huge stretch)

The physical card is explicitly just a backup option for when contactless payment isn't available. It would be sort of weird to make it support contactless payment.

I use and love Apple Pay, but it's not ideal for every situation. The biggest flaw is that it requires waving your expensive phone in the vicinity of the reader.

Apple Pay is more risky than contactless cards. There is a risk of dropping your phone or it being stolen out of your hand. I only use it in controlled indoor environments, like at a retail store, where I have enough personal space to feel comfortable getting out my phone. If I want to pay at e.g. a stall in a crowded market, I'm using my card.

Re: Chase to become new issuer of Apple Card

#104

Post by unethical_ban »

hamburglar wrote: post #44
xyst wrote: post #10

I wonder what these means for my credit limit. I have a chase card with 60XXX CL and an AC with 50XXX.

Why would you want such a high credit limit? Are you dying to spend money you don’t have?

Hate the game, not the player. High credit limits = lower utilization ratio = better credit score.

Re: Chase to become new issuer of Apple Card

#105

Post by tripletao »

lxgr wrote: post #50
nomilk wrote: post #17

Hadn't even heard of Apple Card until now: https://www.apple.com/apple-card/ A credit card with > No fees. Not even hidden ones and > 2% cash back when you use Apple Card with Apple Pay and > 3% cash back at Apple (and Uber, Uber Eats, Booking.com and a few others) when you use Apple Pay This seems... really good. As in, it's essentially free money. Am I missing a catch here?

There are still several 2% cards that don’t require Apple Pay, although I don’t know of any with no foreign exchange fee other than maybe the Fidelity one. For everything where Apple Pay works, it’s a great deal; for everything else, it’s below average (as there are many 1.5% on everything cards). > it's essentially free money. Am I missing a catch here? In the end, all you’re doing is recouping a bit more of your ow…

Bank of America Travel Rewards is effectively 2.625% on everything if you put >$100k in a Merrill account and redeem the rewards against "travel" (including restaurants in any location) expenses charged to the card. There's no foreign transaction fee.

The biggest downside is all the dark patterns at Merrill trying to sell you advisory services. That seems to be only upon account opening, though.

Re: Chase to become new issuer of Apple Card

#106

Post by dole »

lxgr wrote: post #65
itake wrote: post #53

Earlier quoted context omitted.

I've never used the card. too heavy.

It’s much lighter than most other metal cards while being much sturdier too! A real shame it’s completely useless (bad cashback, no printed number making it useless for e.g. hotel or airline card number confirmations at checkin).

Great for jimmying locks, so not completely useless

Re: Chase to become new issuer of Apple Card

#107

Post by dmoy »

smsm42 wrote: post #83
itake wrote: post #49

Earlier quoted context omitted.

Apple had a promotion at the start of 2025 with 5% cash back on everything up to $50k. I paid my taxes with that card that year :)

That only makes sense if they don't charge extra for paying with CC. Most places I've seen would charge you 3-4% fee for CC payment, which makes the whole thing pointless - except if you need a big spend e.g. for a sign-up bonus.

If it's federal income tax, then the fees are State taxes, and county property taxes vary a lot fee-wise.

Re: Chase to become new issuer of Apple Card

#108

Post by vladgur »

smsm42 wrote: post #95
vladgur wrote: post #94

For people living in the states there are better deals to be had: Multiple 2% cashback cards Amazon prime - 5% off Amazon and Whole Foods purchases, but you have to be a prime subscriber Robinhood gold -3% off anything for $60/year Amex blue cash rewards - 6% off groceries(and gift cards bought at supermarkets) for $75 per year

I think Amex one is $95/year

Oh youre right. Its a pain to find the annual fee on their site

https://www.americanexpress.com/us/credit-cards/card/blue-ca...

Re: Chase to become new issuer of Apple Card

#109

Post by drysart »

socalgal2 wrote: post #100
smsm42 wrote: post #77

Earlier quoted context omitted.

The catch is it's very annoying to use outside of Apple ecosystem - e.g. if you don't have an iphone or don't want (or can not) use ApplePay. Also, 2% cashback and no fees is nothing exceptional (in US market) - I mean, it's on the better end but there are a number of cards with similar deal from Wells Fargo, Fidelity, Capital One, etc. So it's not that spectacular - you can have the same deal without being hardwired…

what's the hard part outside of the Apple ecosystem? They give you a physical card and a normal ccard number. What else is there?

The only fully-functional interface for viewing statements and scheduling payments is on iPhone. In fact I'm pretty sure you can't do either of those things at all in any other place than the iPhone Wallet app. Not even on a Mac or an iPad.

Re: Chase to become new issuer of Apple Card

#110

Post by jerlam »

zarzavat wrote: post #103
plorkyeran wrote: post #64

Earlier quoted context omitted.

The physical card is explicitly just a backup option for when contactless payment isn't available. It would be sort of weird to make it support contactless payment.

I use and love Apple Pay, but it's not ideal for every situation. The biggest flaw is that it requires waving your expensive phone in the vicinity of the reader. Apple Pay is more risky than contactless cards. There is a risk of dropping your phone or it being stolen out of your hand. I only use it in controlled indoor environments, like at a retail store, where I have enough personal space to feel comfortable gettin…

Clearly the solution is to buy an Apple Watch.
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