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Apple Card Begins Arriving to Customers, Wide Range of Credit Scores Reportedly Being Approved
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Getting my card on monday. Looking forward
Approval process was quite quick
Approval process was quite quick
I don’t know if it’s the same in the US as it is in the U.K. but ‘bad’ things stay on your credit reports for up to six years (longer in some circumstances).
Plus the scores we see from the various credit agencies don’t have as much of an impact compared to yourselves as each lender uses their own ‘scores’ and what’s on our credit files to determine if we’re good for lines of credit or not.
Yes, for everything I buy that is non-Apple Pay I will just use my chase card that gets 1.5% on everything. I've never used a card with points so I don't have a good feel for how those work. Clearly working well in your situation lol
My score is horrible, in the 400's and I will not be getting one any time soon but it is amusing reading all the excitement others get with a Credit Card. It's like Christmas in August for most of these cardholders! I wonder if they are going to offer a Secured version??
That’s great! And also helpful to know. Just curious why others with similar scores are getting 17.99%
What they should do is provide 0% interest for 6/12/18 months for purchases made from Apple, like Best Buy does at its stores with the Best Buy card.
Considering that most social media platforms contains peoples first and last name as their handle - mine does - this is a nonissue.
The risk of fraud and identity theft is greater with people who don’t use a shredder with cross security shredding.
It shows just how hard up we are for exciting new products from Apple when a Credit Card generates this much excitement.
The funny thing is this is NOT either so go ahead and try frauding them. They also have fraud protection and enjoy being on the run as finding you is getting a lot easier every few months.
Now that you say that I know Tim Cooks name, and he has a MasterCard through Goldman Sachs. There is tons of information online about him. I’m sure he has an Amex Black Card too.
All that info and ur defeated when the rep asks for telephone pin verification and last 4 of social.
This ain’t 1856 - times have gotten a little more complicated.
Yeah I did a rethink and seeing others with 200pts above my own (I’m not in the USA so not eligible yet) and getting high credit yet with extreme interest rates I’m thinking wait a minute the no fees hail from Apple ends up in the one interest rate!
Except with all of the Data breaches that have happened lately people have all your info now. And in the past couple of years there have folks that have had their cellphone number stolen via ID theft.
So what do you think happens when the thief has your cellphone # and social?
I was posting the same question, I saw a few in the upper 700's getting $10k+ and 12.99%
Just because you say something doesn’t make it true. You don’t need to borrow a lot to have a high credit score. The only requirements for a high score are a long credit history, no missed payments or collections, low credit utilization, minimal hard pulls and a good mix of credit types. That’s it. None of that requires large amounts of borrowing.
For a no annual fee card - yeah it’s pretty solid. No rotating categories. Don’t need to track where you spend in order to have ur purchase qualify for quarterly bonus.
Everyone does their own individual setup. This card can be useful to any consumer - thin or thick filed. Well heeled or just starting out. It may be a niche card for specific purchase or an every day Apple pay purchase card. So long as it meets that persons setup and it’s optimized for their wallet.
Are there better options? Yes of course. For swipe purchases the citi double cash comes to mind. But you have to consider - someone may not have been approved for the Citi Card. So this Apple Card may fit in nicely for a consumer who has difficult being approved by other lenders. As their credit grows they may move on to better cards.
But to suggest this card sucks (those weren’t your exact words - but the sentiment being conveyed), is a reckless blanket statement that fails to consider unique financial portfolios and individual situations. The Amex Platinum is a great card - but if your not a frequent traveler ur wasting money - same for the CSR. So does that mean not having either of those amazing cards is foolish?
TLDR: optimize your cards for your wallet and your spend. No one knows your financial goals like you do.
Hmm. Since I have iCloud Drive fees, iTunes, and making purchases in the stores Apple has had bits of my financial information like any grocery store or AirMiles points card or retailer for free since I’ve begun earning my own money at 14!
Your insight is revolutionary.
Why all this FUD when this company has proven financial security using the enclave, to the point that Samsung Pay and Google Pay have followed suit. You’re not stating anything that other retailers or financial institutions already have and done in getting your financial information by way of direct business with you validly & legally.
I’ll worry when:
What I purchase affects my rates for health medications (if drinking or smoking weed ~ fully legal in Canada in any province) affects if I have to pay full price!
When I have signed and voluntarily provided my consent to donate an organ (alive) is rejected and I Pay a fine/few based on health or eating habits. If my next of kin in death is sued because an organ I’ve pre-signed in my death has been transplanted and caused issues to the recipient based on my purchase history or consumption of or lack of consumption. Of specific nutrients foods alcohol (which is very limited for me).
When I denied blood transfusion or blood due to an illness (not even a disease) found from my purchase history of medication.
^ THIS are things to be feared.
Almost the same story as me. 727 was the score they showed on my denial. I did find some late payments in my history on a credit account that I paid off in full and closed. My fault, I don't remember the circumstances but for some reason I did a "then I won't pay you anything, that'll show you" kind of thing when they wouldn't help me with a customer service issue but, yeah, was a few years ago and the account is closed. I could probably call up that creditor and see if they would get rid of those late payment reports in good faith since I've since paid it off since then.
I wouldn’t quite say it lacks all kinds of benefits. It just may not have the kinds of benefits that your looking for.
For me - replacing my phone yearly alone makes this a no brainer - plus all of my other Apple purchases, this card will get a nice workout in the Apple store.
The 2% is a nice touch - but my wife and I run a player 1 player 2 setup with Amex and Chase.
As a first card or even an additional card - it’s a long term keeper. The no annual fee puts it right into that category.
This comment is underrated.
I became a member of the 800 club with *only* a mortgage - no other debts except balances on my CC which I almost always pay off in full when payment is due.
Is Ifixit going to do an Apple cord tear down anytime soon