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Apple Card Begins Arriving to Customers, Wide Range of Credit Scores Reportedly Being Approved
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"An Apple Card unboxing" I've seen it all!
Anyway I got the invite this morning, quick application through Wallet...but one snag. I forgot I put a freeze on my credit after the Equifax disaster, the application prompted me on that. SMH.
When I get home, I have to unfreeze my credit.
Anyway I got the invite this morning, quick application through Wallet...but one snag. I forgot I put a freeze on my credit after the Equifax disaster, the application prompted me on that. SMH.
When I get home, I have to unfreeze my credit.
That's a pretty big stretch. You're not getting anywhere in defrauding someone with only their name.
Pick any adult's name in the US. They have a Visa or Mastercard. 80% chance it's a Visa.
I actually had to have my Amex Platinum replaced because the laminate was pealing away. The new card did not have that coating.
just pointing that out because the article mentioned it.
just pointing that out because the article mentioned it.
I don't think Apple is involved with that part of the business. (I believe they put that out in the announcement) The question should be whether Goldman Sachs can be trusted.
Looking forward to the drop test... bend test... and "Will it Blend" videos!
But it's just part of the puzzle. Someone that knows a concrete, true piece of information about you (real name, that you have an Apple card) can match that up with other info to get a profile and do nefarious things with that info. Very common tactic.
Well, I know now that you have a mastercard through goldman sachs and your name is 'nilay patel' (not you really but the first twitter picture from the article). That gives me a ton of info. All I need from that is a little bit of time with google and I have what I need.
What is the world coming to ? Unboxing a credit card and comparing weights of different credit cards.... life's too short and some people have too much time on their hands .....
The best feature, IMO, is the virtual card number for online transactions.
I can buy something from a site I've never visited before without worrying about them "skimming" my card number. I just have my Wallet App generate a virtual card number/EXP/CCV. If I visit another site I want to buy something from I can generate a brand new virtual card number. If I want I could literally generate a virtual number for every single transaction I do online.
Just think how this will help with fraud investigations. If I used a virtual card at an online retailer, and a week later that number is attempted again for another purchase the bank will immediately know it's a fraud attempt. Further, if a virtual number I used at one online store is attempted to be used at a different online store the bank not only knows it's a fraud attempt, but they now have a verified link between the two entities. This should go a long way to reducing fraud and catching the organized criminals as you now have a "paper trail". With a regular card that might have been used at dozens (or hundreds) of locations it can be difficult to figure out which of those locations was the source of the skimming.
I can buy something from a site I've never visited before without worrying about them "skimming" my card number. I just have my Wallet App generate a virtual card number/EXP/CCV. If I visit another site I want to buy something from I can generate a brand new virtual card number. If I want I could literally generate a virtual number for every single transaction I do online.
Just think how this will help with fraud investigations. If I used a virtual card at an online retailer, and a week later that number is attempted again for another purchase the bank will immediately know it's a fraud attempt. Further, if a virtual number I used at one online store is attempted to be used at a different online store the bank not only knows it's a fraud attempt, but they now have a verified link between the two entities. This should go a long way to reducing fraud and catching the organized criminals as you now have a "paper trail". With a regular card that might have been used at dozens (or hundreds) of locations it can be difficult to figure out which of those locations was the source of the skimming.
Citi double cash card is 2%. On everything.
With my spending patterns I make far more on my Sapphire Reserve than I would with an Apple Card.
Bank of America Premier Rewards has good cash back and can be increased greatly through high qualifying balances in BofA/Merrill accounts (so you can have up to 2.7% cash back on everything with no limit). That one is admittedly not applicable for most people.
Captial one, I think I saw that name in the news recently
I got mine yesterday. $10K limit, 12.99%. Made first purchase today and my card changed from pure white to having an orange gradient (I bought food).
Obviously that is a fair point. But they would need to partner with a different bank as well. Not sure if that’s worth the hassle for them, considering the lower gains. Goldman Sachs doesn’t have a banking license here, I think. But then again, I might be completely wrong.
On the other hand, Europe is not very credit card-y. With Apple Pay we have all we need really.
scoregate? interest rategate?
I really can't find one single reason to get this card.
The perks are so subpar...not even an apple store discount or ANYTHING.
The perks are so subpar...not even an apple store discount or ANYTHING.
What case are you getting for your card ?
I really like this feature. I know other cards do something similar but none of mine currently do.
I’m 730 and got $7,500 at 17.99%, much hire interest rate than I expected. Probably won’t use the card much.
When the Apple card wears out and needs to be replaced do you have to schedule a Genius bar appointment?
