Summer of 2016 in my city/county. A squirrel fried a main transformer and it took anywhere from 6-11 days to restore power, depending on where you were located. The banks closed b/c w/o power there are no ATMs, vault doesn't open, etc. Gas Stations accepted cash only. Grocery Stores were closed and all freezer stock spoiled. No air conditioning, no lights, and all fresh and frozen food spoiled in residences. Thank heavens I keep $500 in cash for emergencies and had some emergency food. Of course I was able to charge my cell phone by starting up the car (and enjoying the blessed air conditioning for 30 minutes once a day). It really was a reminder that any interruption to the electrical grid can put an entire town and surrounding area back to a very primitive time.
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Apple Announces 'Apple Card' Credit Card With Daily Rewards, Simplified Statements, and No Fees
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Summer of 2016 in my city/county. A squirrel fried a main transformer and it took anywhere from 6-11 days to restore power, depending on where you were located. The banks closed b/c w/o power there are no ATMs, vault doesn't open, etc. Gas Stations accepted cash only. Grocery Stores were closed and all freezer stock spoiled. No air conditioning, no lights, and all fresh and frozen food spoiled in residences. Thank heavens I keep $500 in cash for emergencies and had some emergency food. Of course I was able to charge my cell phone by starting up the car (and enjoying the blessed air conditioning for 30 minutes once a day). It really was a reminder that any interruption to the electrical grid can put an entire town and surrounding area back to a very primitive time.
The best announcement today. Looking forward to getting that titanium Apple MasterCard. To be honest, if someone told me 10 years ago, maybe even 5 years ago that I would be saying that someday, I would’ve thought they were full of it. Welcome to Tim’s world.
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No, look at the link. Step two is tap the ATM with your phone. Step three is entering your pin.
Emergency Car Repairs, Medical Expenses, Unexpected Veterinarian bills and other large emergencies require many families to use a CC to pay over time. It's not ideal, but a blessing when you need it.
for apps or websites that do not accept Apple Pay yet, safari autofill fills in the actual credit card credentials. People on here seem to not know that yet and think they won't be able to order more junk off of amazon, etc.
This is extremely good product.
When the nay-sayers out in full force you know it has something, just like original AirPods.
Dave Ramsey would say your 3-6 month rainy day fund is for those situations and not a credit card with high interest rates.
Maybe your Post Office, but not any of the ones that I’ve been to on a biweekly basis in the NY & NJ area for the past 15+ years that I have not been signing any of my credit or check / debit cards.
What makes you doubt it? All major companies no longer ask for signatures on chip enabled cards and only in emergencies do physical locations actually need a number to process an order. The only place you might have trouble is online shopping, for all in person transactions it’ll be hassle free.
https://www.creditcards.com/credit-card-news/signatures-soon-may-not-be-required.php
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I’m actually a bit shocked by this, would lose 80% of sales doing that. Even the grocery store the other day was manually taking cards because the internet was down.
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So, let me get this straight. Apple is now getting into TV production? And the credit card business? To add to their use of Mac Hardware to expand into the mushrooming accessory business? "Anyone have a firewire to thunderbolt 2 to thunderbol3/usbc adapter?" This is less and less Steve Job's legacy...
Does not seem very smart to pay cash when you can get rewards through a credit card. The right thing to do is build up a bunch of cash, make purchases with credit card, and payoff the credit card immediately with the cash.
I even used a credit card for a $10,000 down payment on a car and got 10,000 reward points for it. If I had known the card had a $30,000 limit, I would have done more like $20,000 on the card to get 20,000 reward points. In any event, I immediately paid off the $10,000 on the credit card within a day of using it for the down payment. Of course this not a good idea for people who don't have the cash sitting there.
Just about everywhere in the US. I think maybe once or twice in the last 10 years have I had anyone check the signature on the back of my cards. Nobody checks that anymore, at least here in this country. Everyone just swipes the card and moves on, signatures are out-dated ID verification nowadays, especially since a lot of people don't even have recognizable signatures (I used to work retail and banking both, so I would know).
A
Laws favor credit cards with several fraud protections, no liability if your card is lost/stolen/hacked. Debit cards you are at your banks mercy and no guarantees you’ll be made whole for lost/stolen debit cards and maybe $50 fraud liability.
Oh, please!
Were he alive, Steve would be patting Tim on the back right now saying, “Way to close the infinite loop!” You use Apple’s credit card to buy apple’s products, and thus, everything is kept even more within the ecosystem. Which was STEVE’s ultimate goal and is still Apple’s guiding philosophical star. The customer buys the software for the hardware and vice versa. This credit card fits in perfectly with that—and it’s as zen looking as an original iPod. Everyone’s going to want to have it in their wallet just for how cool it will look to pull it out and use it.If that isn’t classic Steve Jobs/Apple, I don’t know what is. He’s jumping for joy right now.
For future reference: If your’e going to say someone’s rolling in their grave, best to have them do so over something credible. Like, Jim Henson rolling over his grave because his muppets are teaching kids to code. But Steve Jobs objecting to an aesthetically elegant and “simple” Credit Card that’s going to make Apple richer and more powerful?
I don’t think so.
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Seems a bit tone deaf
They definitely don’t inspire confidence based on their past behavior.
I agree. Hard to trust them with their core business, even harder to trust them with managing a brand new business they have no experience with. Next thing you know they’ll start shorting their own customers and bet against them to default on their Apple credit cards ...
If you pay it off right away basically.
Good idea to use it for large purchases, although with cars I found that most dealerships limit to a few thousand that could be charged. You kind of got lucky in that sense that you were able to charge as much as $10K.
They were desperate to get the deal done that evening. I didn't walk in there expecting to buy a car, but I had a ton of cash ready to do so. I asked them if they would let me go to my bank the next morning so I could get a check from my bank account. The guys were pretty pushy and offered the credit card option. Guess they were afraid I would change my mind if I left overnight, but I was pretty determined to buy the car.
The credit card option didn't make sense to me when they brought it up, but turned out pretty good in the end for me to get the reward points. I only wish I realized my card limit at the time so I could have pushed for a bigger amount on the down payment. lol
Apple as usual baffling people with ********. This is absurd.
“Variable APRs range from 13.24% to 24.24% based on creditworthiness. Rates as of March 2019"
25% is criminal and 14% as "low" is ****ing laughable.
Little Timmy's Apple ladies and gentlemen.
“Variable APRs range from 13.24% to 24.24% based on creditworthiness. Rates as of March 2019"
25% is criminal and 14% as "low" is ****ing laughable.
Little Timmy's Apple ladies and gentlemen.