The Reserve has a $450 annual fee, the Preferred is only $95. All cards may have pros and cons, but the CSP blows the Apple Card completely away when talking about using them for foreign travel.
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Apple Card Begins Arriving to Customers, Wide Range of Credit Scores Reportedly Being Approved
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The Reserve has a $450 annual fee, the Preferred is only $95. All cards may have pros and cons, but the CSP blows the Apple Card completely away when talking about using them for foreign travel.
If you have a mortgage on your home, trust me you’re still scoring but lack of other Trade lines means there’s no movement and your scores are stagnant. Good for now but bad if you have to ever fall back on applying for credit again
Classic lab experiment tactics being put to use on Apple fans. Create a perceived exclusivity frenzy about acquiring the card then encourage heavy use of the card by “rewarding” card holders with “cool” colour changes to the card in wallet. Leading of course in many cases to card balances which users cannot afford to pay off fully before the vicious cycle of interest charges commences.
Got to give Apple credit for its ability to get people to willingly gulp the koolaid.
Just a correction, it’s not the end of the month, it’s paying in full before your billing cycle closes and your new monthly statement generates
My Amex platinum card I received in May does not have a laminate coating either.
I don’t think they’re too far out of line with where other cards start out when most people first get them. I’ve got a score in the 800s and a combined limit of almost $100k across four credit cards, but they’ve only gotten that high from both automatic and periodic requests for increased limits. My Citi Double Cash card originally started out as a Citi Dividend student credit card account over ten years ago and it only had a 1k limit. Now it’s got a 25k limit. My more recent cards I got when I already had a decent score started out in the upper 4 and lower 5-digit limits.
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Precisely, this card isn’t a bad card at all. Just lay in full when bill is due and continue to enjoy cash back on purchases.
Put it this way; these limits won’t even support buying the lowest end Mac Pro + new 6k display.
May take the soft pull just to see the limit; and hard pull only if I like what I see.
May take the soft pull just to see the limit; and hard pull only if I like what I see.
That’s not true either. If you pay at least the statement balance in full by the due date, you fall into what’s referred to as the grace period and you won’t be charged interest then either. A penny less than the statement balance and you lose your grace period and start getting charged interest.
Fico 861
Approved $20k / 12.9%
Also use Citi Doublecash and it’s at $35k / 13.24%
I said "screw it" and figured I'd eat the soft pull and just look at what they offered: $20 SL @ 12.99
I can be okay with that, so I accepted and took the hard pull; physical card should be here in 4-6 days.
$100K+ income, 800+ CS, ~$100K in open avail. credit across three cards. <10% utilization.
I think sort of the opposite. It seems like they’re really giving the user a lot of tools to see where their money is going and to encourage them to pay it off. Having your card turn red if you’re approaching your credit limit is cool and good for the user at the same time.
I’d apply if I thought I had any use at all for this card. With an Amex Blue Cash Preferred, Citi Double Cash, Chase Freedom, and Discover It, I’ve got every one of my required bases covered. The only tangible benefit would be the extra 1% on Apple purchases compared to my DC, but my Apple purchases are very infrequent. My iPhone is purchased on a wireless plan and I only buy a new notebook every four years at the earliest.
Plus I couldn’t even connect it to Mint, which is an enormous drawback for those who diligently track their finances.
Don’t worry, the protective cases will arrive soon.
Not even going to be enough for all the products that will be hitting us in September. iPhone, Apple Watch, new MBP, Mac Pro, 6k monitor...
Not even going to be enough for all the products that will be hitting us in September. iPhone, Apple Watch, new MBP, Mac Pro, 6k monitor...
Lol I know right. But I’m sure with their spending. They’ll get limit increases quickly.
TheYayAreaLiving 🎗️
Suspended
around 720!
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check with TransUnion do you have a fraud alert on?
Copy. Good to know when I get back there I should be good. I’m 640 and didn’t get approved. Looks it’s due to a high car loan and me going back to school. Oh well. I’ll try again when I get the loan finished.
Limits do seem a bit low, I got 20k, lowest interest rate. Have seen 4 or 5 with 40k limit. Overall I think its pretty in line with other cards, a lot goes into this that changes for everyone of us.
TheYayAreaLiving 🎗️
Suspended
It gave you the option to view the report with your score they used after you were accepted. Unless you just clicked away and missed it.
Well, i don't know how it is implemented but in my country there has been a service run by the company that does card transactions and ATM operations (it's a joint company owned by several banks) where among other features you can generate card numbers for single or repeated use (for a single seller, if you intend to always buy let's say Amazon or Uber)
It isn't meant only for internet security, a lot of people don't own credit cards (and when it started even more) but do own debit cards so you can have credit card numbers for online purchasing.
Even myself have the card set to pay 100% at the end of each month so I really don't buy anything on credit.