Apple Card Now Available to All U.S. Consumers
The Apple Card is officially available across the United States, according to a company announcement. Consumers interested in the credit card can apply through the Wallet app on compatible iPhones. If approved, the card can be used right away through Apple Pay. A physical titanium card will arrive in the mail thereafter.
Earlier this month, the company revealed the Apple Card would roll out some time in August. Shortly after that, a random selection of consumers were given the chance to apply for the card. Apple employees have been testing a beta version of the rewards credit card since March, but the final version is now available to the masses.
Apple Card offers a number of cash back opportunities, including 3% on Apple purchases, 2% for transactions made using Apple Pay, and 1% cash back for everything else. The card also has a unique Daily Cash feature, which calculates cash back once a day. Comparable cards accumulate cash back over the course of a month.
Apple Card is tethered to a user’s Wallet, and thus connected to the user’s phone as well. Using data from Apple Maps, Apple can provide precise details about each card transaction. This makes it easier for users to track their spending and notice fraudulent transactions when they occur.
There are no annual fees or late fees associated with the card. Within the Wallet app, users can see different payment arrangements for their card balance, along with how much interest they will pay for each arrangement.