Apple Card

Features of Apple Credit Card

A simplified set of powerful features designed to make spending easier, smarter, and more secure for every Apple user.

• Daily Cash Rewards: Apple Card users earn unlimited Daily Cash rewards that deposit instantly, 3% back on Apple purchases and select merchants like Uber, Nike, Walgreens, and more. For all other Apple Pay wallet transactions, it offers 2% back, and physical Apple Pay card transactions also receive an automatic 1% discount. 
• No charges: You won't pay yearly costs, penalties for late payments, extra fees abroad, or fines if you go over your limit with the Apple credit card.
• Security and privacy: Apple Card utilises robust protections, including individual card codes for each device, face scans, or fingerprint checks for login, and no visible card numbers. Every purchase is closely monitored, with quick alerts sent via the Apple Wallet app. 
• Smart Insights on Spending: Seeing it all colour-coded usually tells your spending story. It can help you guide your spending priorities and budgets, and better understand how it can measure debt against investments and some passive income. 
• Titanium Physical Card: A physical titanium card is available for those who prefer not to use Apple Pay.
• Interest-Free Instalments: Interest-free monthly instalment plans are available for Apple products, including iPhones, iPads, Macs, and Apple Watches. 
• Apple Card for Family: This feature allows you to share the Apple Card, preferably with family members aged 13 and above, which helps with co-ownership and the sharing of credit responsibilities, ultimately building or improving your credit scores overall. 

Features of Apple Credit Card

We will first cover the main features of the Apple card —

• Unlimited daily cashback that does not expire or lose its value
• Up to 3% cashback when you make payments at particular merchants using the Apple Pay Card 
• Up to 2% daily cashback on using Apple Pay card
• Option to save the earned daily cashback in a high-yielding savings account for better returns
• Intricately designed titanium card
• Private and secure card
• Interest-free Apple card monthly instalments upon buying Apple products 

Prominent Benefits of Apple Card

From daily cashback to fee-free usage and powerful budgeting tools, Apple Card offers a modern way to manage money effortlessly.

• Instant Daily Cash: Daily Cash is Apple Card's way of providing its users with cashback that is directly redeemable online, transferable to friends, or deposited into an interest-bearing Apple Card Savings account.
• No Fee Equals More Savings: The Apple Credit Card incurs no fees, including annual fees. However, it's worth noting that there are no late fees, foreign transaction fees, or over-the-limit fees.
• A Great Way to Control Spending: Having the Wallet app work with Apple Pay wallet technology allows users to track every charge by simply identifying the merchant names and their locations. It helps monitor their budgets efficiently by doing so.
• Integrated Payments Wallet and Apple Pay Technology: When using Wallet and Apple Pay for payments within an app, online stores, or physical stores, Apple Pay provides worry-free, secure authentication against fraud. 
• Push Finance Warrior: Apple Card takes a one-stop approach to boosting this cardinal financial history by wiping its credit limits clean and, used with Apple Card Family sharing, subtly illustrating what being financially responsible looks like.

Special Family Cards – Apple Card Family 

The Apple Card Family feature allows adults to co-own a credit card or share their Apple Card with family members. It includes: 

• Co-owners share the credit line and are jointly responsible for payments, which can help both build their credit scores.
• Parents can share cards with children aged 13 or older, equipped with spending limits and controls, to teach financial literacy. 
• Spending across all cards will be tracked in one Wallet app for further transparency and budgeting. 
• Family members can earn the same Daily Cash rewards, maximising the benefits for the entire family.
• As a family feature, it provides security and easy management with the help of Apple Wallet and Apple Pay infrastructures. 

Frequently Asked Questions About Apple Card