The new Apple Card is here – at least for a select few.
Janna Herron and Edward C. Baig
The card’s interest rate is broad – between 12.99% and 23.99% and also based on Goldman's determination of your creditworthiness – but it largely lines up with other credit cards. You will need an iPhone and must update your device to iOS 12.4 software.55% of Americans want a side hustle: Here's how to startThe Apple Card also comes with rewards. You earn 3% back on Apple purchases, 2% back when you use the card with Apple Pay, and 1% back when you use the physical card.
If you detect a mistake or believe you were erroneously charged, you can make a claim directly in the Wallet app on your phone. You can also lock the card within the app, and if need be place a call to customer support.
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Apple invites first customers to apply for its credit cardThe Apple Card will be released to the wider public later in August. At that time all customers will be able to apply for the card in their wallet app on iPhone. Goldman Sachs, which is providing the banking tools for Apple card, made the Apple Card customer agreement publicly available last week.
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