Apple Card Launching in August

Discussion in ' News Discussion' started by MacRumors, Jul 30, 2019.

  1. MacRumors macrumors bot


    Apr 12, 2001

    During today's earnings call for the third fiscal quarter of 2019, Apple CEO Tim Cook confirmed that Apple plans to launch its Apple Card credit card in August.

    Thousands of employees are currently testing the card, and Apple will be ready to debut it soon. Cook did not provide a specific date in August for the launch, so it could come at any time.


    Created in partnership with Goldman Sachs, the Apple Card is deeply integrated with Apple Pay and the Wallet app, though there is also a physical titanium card that can be used for in-person purchases.

    Apple Card can be used for both standard purchases and Apple Pay purchases, with Apple providing rewards for both. Customers will get 3 percent cash back for purchases made at an Apple Store, 2 percent cash back for all Apple Pay purchases, and 1 percent cash back for all other purchases.

    Cash back is provided in the form of "Daily Cash" that, as the name suggests, is paid out to customers on a daily basis. Daily Cash is added to the Apple Cash card in Wallet and can be used for purchases, sent to friends, or transferred to a bank account.

    In the Wallet app, Apple will offer spend tracking and other budgeting tools. Color-coded categories will give users an idea of how much money they're spending on food, activities, shopping, health care, entertainment, and more.

    Apple Card will be limited to the United States at launch, but may expand to additional countries in the future. For more details on the Apple Card, make sure to check out our Apple Card guide.

    Article Link: Apple Card Launching in August
  2. alexandr macrumors 6502a


    Nov 11, 2005
    that's great. hopefully it's sooner rather than later...
  3. cknibbs macrumors regular

    Dec 12, 2012
  4. brinary001 macrumors 6502a


    Sep 4, 2012
    Midwest, USA
    God I'm so ready for this you guys don't even know lol
  5. Lounge vibes 05 macrumors regular

    May 30, 2016
    Finally! They speak.
    I thought we were about to have another AirPower situation where they announce a product, don't give a date, and never speak of it again.
    I can't wait for August 31st
  6. Narrator Jack macrumors regular

    Narrator Jack

    May 14, 2013
    Seems to me it should be 5% for Apple Store purchases, not 3%. Amazon can afford/negotiate 5% back on store purchases with two cards from two banks (Synchrony's Amazon Store Card and Chase's Prime Rewards Visa), and APPLE can't?
  7. Lounge vibes 05 macrumors regular

    May 30, 2016
    I think thats the point
  8. Cyberpower678 macrumors 6502

    Apr 28, 2015
    Same. Will be traveling in mid-August, I'm hoping to be able to break it in and test it out internationally.
  9. alexandr macrumors 6502a


    Nov 11, 2005
    my eagerness exactly!
  10. now i see it macrumors 68040

    Jan 2, 2002
    them getting into the credit card business is like McDonald's now selling lumber. What's next? Mattresses?
  11. nikon1 macrumors member


    Sep 15, 2014
    Somewhere In South Jersey
    Sign me up for this credit card. Payback on Apple purchases . . . Oh, yeah!
  12. verniesgarden macrumors 65816


    May 29, 2007
    Portland, Or
    Amazon has way more places to negotiate. For example they own AWS which pretty much everyone uses, so they can make some deals with helping with cloud costs and such.
  13. Mabus51 macrumors 65816

    Aug 16, 2007
    Yeah just ask Capitol One how well the cloud cost deals helped them.

    If you didn’t know one of the S3 bucket engineers was arrested for the Capitol One hack. Who knows how long that has been going on as they only got caught for Capitol One. What other back doors do they have in place? This investigation may end up hurting Amazon especially now that Azure is taking off.
  14. Icaras macrumors 603


    Mar 18, 2008
    California, United States
  15. jimbobb24 macrumors 65816

    Jun 6, 2005
    My card not allowing Apple Pay is pushing me to consider this.
  16. gaximus macrumors 6502a

    Oct 11, 2011
    Too bad the back of the card is so ugly. Steve Jobs never would have allowed such an ugly back of the card, he had the engineers sign the inside of the original Mac, because you should be proud of the work, even if no-one will ever see it.

    but seriously, the back is so ugly.
  17. ThomasJL macrumors 6502a

    Oct 16, 2008
    Can't innovate anymore, my a**!

    What a joke. The iPhone 6, 6s, 7, and 8 all had the same design. Apple was too lazy to redesign them. The iPhone X, Xs, and 11 all have the same design. Apple was too lazy to redesign them. But Apple has the time to design a credit card. That's innovation!
  18. M-Life macrumors 6502


    Jul 15, 2006
    They said August. I'm holding them to 8/1 and will not wait one day longer!
  19. shyam09 macrumors 68020


    Oct 31, 2010
    Gonna stay up until midnight for the preorder party to begin. Heck, maybe it’s time to bring back camping outside an Apple store!
  20. iapplelove macrumors 601


    Nov 22, 2011
    East Coast USA
    I dunno it’s hard to get excited over a credit card.

    At this point in life I try to stay debt free and not worry about credit scores.
  21. Robert.Walter macrumors 68000


    Jul 10, 2012
    You should study the situation before writing nonsense like this.
  22. xxray macrumors 6502a

    Jul 27, 2013
    Really excited for this. I'll be disappointed if I'm denied, lol. I don't have bad credit, I just haven't had a credit card before and am young, so I don't know how likely I am to be approved.
  23. Mabus51 macrumors 65816

    Aug 16, 2007
    If the say just “insert month name” then usually they mean end of.
  24. Robert.Walter macrumors 68000


    Jul 10, 2012
    Fact is, unless you will never apply for a mortgage, car loan, job, or insurance, credit scores are important. Aside from the obvious loan applications, some companies use them as a barometer of how trustworthy a person is (job or insurance).

    Having a credit card is not debt if you pay the balance when due. Doing this using a good reward card, means you reap rewards (cash back, miles, etc) for doing nothing more than following your normal spending pattern using a different more beneficial modus.
  25. Hieveryone macrumors 601


    Apr 11, 2014
    I’m not sold on Apple CC. Let Apple make computers, let Visa handle Credit cards lol

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