Apple Card Launching in August

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

  1. MacRumors macrumors bot

    MacRumors

    Joined:
    Apr 12, 2001
    #1
    [​IMG]


    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.

    [​IMG]

    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

    alexandr

    Joined:
    Nov 11, 2005
    Location:
    11201-121099
    #2
    that's great. hopefully it's sooner rather than later...
     
  3. cknibbs macrumors regular

    Joined:
    Dec 12, 2012
  4. brinary001 macrumors 6502a

    brinary001

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

    Joined:
    May 30, 2016
    #5
    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

    Joined:
    May 14, 2013
    #6
    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

    Joined:
    May 30, 2016
    #7
    I think thats the point
     
  8. Cyberpower678 macrumors 6502

    Joined:
    Apr 28, 2015
    Location:
    Everywhere
    #8
    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

    alexandr

    Joined:
    Nov 11, 2005
    Location:
    11201-121099
    #9
    my eagerness exactly!
     
  10. now i see it macrumors 68040

    Joined:
    Jan 2, 2002
    #10
    them getting into the credit card business is like McDonald's now selling lumber. What's next? Mattresses?
     
  11. nikon1 macrumors member

    nikon1

    Joined:
    Sep 15, 2014
    Location:
    Somewhere In South Jersey
    #11
    Sign me up for this credit card. Payback on Apple purchases . . . Oh, yeah!
     
  12. verniesgarden macrumors 65816

    verniesgarden

    Joined:
    May 29, 2007
    Location:
    Portland, Or
    #12
    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

    Joined:
    Aug 16, 2007
    #13
    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

    Icaras

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

    Joined:
    Jun 6, 2005
    #15
    My card not allowing Apple Pay is pushing me to consider this.
     
  16. gaximus macrumors 6502a

    Joined:
    Oct 11, 2011
    #16
    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

    Joined:
    Oct 16, 2008
    #17
    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

    M-Life

    Joined:
    Jul 15, 2006
    Location:
    Hol-Leawood
    #18
    They said August. I'm holding them to 8/1 and will not wait one day longer!
     
  19. shyam09 macrumors 68020

    shyam09

    Joined:
    Oct 31, 2010
    #19
    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

    iapplelove

    Joined:
    Nov 22, 2011
    Location:
    East Coast USA
    #20
    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

    Robert.Walter

    Joined:
    Jul 10, 2012
    #21
    You should study the situation before writing nonsense like this.
     
  22. xxray macrumors 6502a

    Joined:
    Jul 27, 2013
    #22
    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

    Joined:
    Aug 16, 2007
    #23
    If the say just “insert month name” then usually they mean end of.
     
  24. Robert.Walter macrumors 68000

    Robert.Walter

    Joined:
    Jul 10, 2012
    #24
    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

    Hieveryone

    Joined:
    Apr 11, 2014
    Location:
    USA
    #25
    I’m not sold on Apple CC. Let Apple make computers, let Visa handle Credit cards lol
     

Share This Page

235 July 30, 2019