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Apple Card Doesn't Support Exporting Data to Financial Apps
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I’ve always wondered what it would feel like to win the internet for the day!!! Congratulations, sir!
This is beyond disappointing. I have been using Quicken my entire adult life; starting with a DOS version... and now running the latest Mac version. I have everything, going back forever, all inside Quicken.
I have always chosen to not do business with any bank and/or credit card company that does not offer full integration with Quicken.
So I have been excited about getting and using this new "Apple Card" but now that I have read this, I will pass and not apply for it.
I have always chosen to not do business with any bank and/or credit card company that does not offer full integration with Quicken.
So I have been excited about getting and using this new "Apple Card" but now that I have read this, I will pass and not apply for it.
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Oh good lord....just stop. What are your insights on what they do with it. Let me guess....none.
umm the lack of exporting it is a massive issue. The exporting is honestly how to help keep track of how much is being spent across multiple location.
Hell I can export and get that access threw my credit union and I happen to know for a fact they do not care about using the data for anything more than trying to help me out. The refuse to harvest or even look at the data but more just make my life easier by OMG I can see all my spending in one spot.
Apple instead is making it harder. I also use mint because honestly it let me just keep track of my spending and accounts in one location instead of having to log in to multiple different accounts.
At this point it would be 2 bank accounts, 5 cc accounts, 5 different retirement accounts (hopefully to go back down to 4) just to keep everything. Mint allows all of that to be in one spot.
Hell I can export and get that access threw my credit union and I happen to know for a fact they do not care about using the data for anything more than trying to help me out. The refuse to harvest or even look at the data but more just make my life easier by OMG I can see all my spending in one spot.
Apple instead is making it harder. I also use mint because honestly it let me just keep track of my spending and accounts in one location instead of having to log in to multiple different accounts.
At this point it would be 2 bank accounts, 5 cc accounts, 5 different retirement accounts (hopefully to go back down to 4) just to keep everything. Mint allows all of that to be in one spot.
It appears they’ll add it later. Personally, I think it’s better that they take their time. Any path to exfiltrate the data could conceivably be a security/privacy issue if not done right. Best that they take their time and get it right.
I will honestly believe it when I see it. Honestly in my book right now it is fine but come back Christmas there is not going to be any excuse. The practice and how that data is shared threw API is pretty standard. Apple needs to figure how tie into those API standards.
If there is a world with a crap ton of regulation and standards it is banking.
Right now I can almost safely say it is Apple blocking it as Goldman already be able to comply with the standards that everyone else uses.
The API is not the issue. The issue is that any time you open up any path to decrypt data (so as to feed it to an API), you are opening a path bad actors can potentially use to steal your data.
I believe we’ll see this in an ApplePay API. Apple is building a financial services branch around Apple Pay. First Pay, then Cash, then Card. Allowing you to invest money is the remaining component.
I can see Apple facilitating that by allowing third parties to plug into your Apple Cash account through which you’ll send them your money to invest, and Apple will gain a fraction of a percent commission.
Apple Cash will function as your checking account, Card as your credit and an API into third party financial institutions for investment/savings.
I can see Apple facilitating that by allowing third parties to plug into your Apple Cash account through which you’ll send them your money to invest, and Apple will gain a fraction of a percent commission.
Apple Cash will function as your checking account, Card as your credit and an API into third party financial institutions for investment/savings.
In other news, Apple just rolled out a new fully automated electric vehicle, however, it can only be fueled at their Cupertino headquarters.
Can someone explain to me the purpose of exporting CC data into a third party app/software?
I use my CC for everything. Am I missing out on something that I should be doing every month?
I use my CC for everything. Am I missing out on something that I should be doing every month?
It's important that they supply you the gas for security and privacy reasons.
I still have questions about how this will work for families. My wife and I have a joint bank account and all of our other cards are in both are names. We both have access to the account info and history. I'm also the one that manages our finances each month so, if she signs up for Apple Card, how will I be able to manage that and keep track of our spending? Will there be some kind of Family Sharing feature? I don't mind having to input the data manually into Banktivity, but will I have to constantly be asking to see her phone?
What about teens (or others in our Family Sharing group), can we prevent them from signing up but, still grant them access to the wallet app?
What about teens (or others in our Family Sharing group), can we prevent them from signing up but, still grant them access to the wallet app?
Aren't you concerned that there's no payment protection with Apple Card? That's the dealbreaker for me. No way I'd buy something expensive with it, stick to iTunes purchases at most.
- This is very good news.
- When I visit this page from the article page, Safari downloads a "current.dms" file to my Downloads folder. No bueno.
it doesn't. They've explicitly said the card is a single holder system. Guess you'll have to trust your wife.
Here's my question.... if ALL the data is only available on the iPhone/iPad, what happens to it if my phone is lost, stolen, dies, etc.
All my transaction info is suddenly gone forever? If not, where is it stored?
/s
All my transaction info is suddenly gone forever? If not, where is it stored?
/s
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They didn't think of that. Max out your card and toss the phone quick.
Seriously though. A user should at minimum be able to export the data in a common format (.csv) for their own use.
No need to give API access to 3rd party apps. I can see the risk in that.
EDIT: And yeah... I forgot to add the /s at the end of my previous post.
Jump on the bandwagon... deal breaker (someone can do a shot for that drinking game proposal now) to not be able to at least export .qfx etc. If there's a better place than this forum that Apple would monitor and know about consumer feedback - that'd be good to know - because I'm sure none of the moderators or general readers here give a flying fig that it's a deal breaker for me
I like your style!!
Well, what if they just had a button/sheet in Wallet to allow you to export a standard financial data file to your iCloud drive?
Seems like that would be the safest way to allow an export. It's not as convenient as a web-facing API, but it puts the entirety of it within Apple's purview until the user manually exports it to somewhere else.
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Has that ever worked? In my experience the large print giveth and the fine print taketh away.
My Walmart jacket costs $29.95, the shoes come in at 18.59 and I got on rollback a shirt for 4.98
Got the card this morning thinking I would use it for most of my purchases. Now that I have learned Apple and Goldman don't have the basic skills to do what every other credit card issuer does in allowing me to integrate with the rest of my finances, I won't be using it for anything other than perhaps an occasional purchase from Apple. So disappointing.
Edit: I just saw that it doesn't even provide extended warranty protection which I've used often on Apple iPhones, Macs, etc with other credit cards. So I won't even be using it for Apple purchases. What a lame card! Completely unworthy of the Apple brand.
Edit: I just saw that it doesn't even provide extended warranty protection which I've used often on Apple iPhones, Macs, etc with other credit cards. So I won't even be using it for Apple purchases. What a lame card! Completely unworthy of the Apple brand.