Apple Card is a credit card made from high-quality, highly-respected products. It's free, integrates easily with Apple Pay, and has some unique features that make it an excellent choice for iPhone users.
The Apple Card Advantage
The card has no fees, which is a rarity in the world of credit cards. It offers cashback rewards every day and easy-to-follow color-coded categories to show you where your money went.
Apple places a lot of emphasis on education. This allows you to make informed decisions about the best credit card for you. It also lets you keep track of your credit card interest charges and payments so you can see how much money it costs to carry a balance on your card.
It can give you an idea of how long it would take to pay down your balance and how many interest you will owe over the course of time. This can help decide if you are saving any money or if paying down debt faster is better.
Apple provides real-time SMS support for any queries or concerns regarding your account. This feature isn't offered by all issuers, but it can help you if you have any problems with your card.
Its App for Apple Pay can be used to manage your cards. It syncs transactions, allows you review your balance and pay your bill. It also lets you find missing payments and the location.
Apple's machine intelligence algorithm helps you to understand how money is being spent. It will identify trends in your spending and give you a list with improvement opportunities so that you can identify areas where improvements are needed.
This feature is great and could help you save money as well as prevent you from spending too much. It also makes it easier to identify spending trends so you can make better financial decisions in the future.
Apple Card is open to consumers with good to moderate credit (FICO score of 600+). If you're denied an Apple card, it's important to check your credit before you apply again. You can do this through a free credit report from a third-party source.
You have other options, which may offer better rewards or the same benefits. Citi Premier and Amex Gold cards have transferable points, which can be used to redeem for hotels or tickets on airlines. These cards also have higher rewards rates and multipliers that are more competitive, which can increase the value of your points.
Ratings from Apple Vacations
Apple cards don't offer travel points or miles, which is disappointing for people who travel often. There are plenty other cards that offer these benefits, including the Chase Freedom and Sapphire Preferred which offer higher multipliers and transferable points on most purchases.