Not the best features or rates but I like the ease of use of both the card and savings.
Got a tip for us?
Let us know
Become a MacRumors Supporter for $50/year with no ads, ability to filter front page stories, and private forums.
Apple Card Turns Six With Big Change Ahead
- Thread starter MacRumors
- Start date
- Sort by reaction score
Apple has recently registered a trademark in Australia, APPLE UNITY DOLLAR
search.ipaustralia.gov.au
Trade Mark 2572790 | IP Australia | Trade Mark Search
search.ipaustralia.gov.au
It's okay... I've had one since introduction, but basically I only use it for Apple purchases and as "mad money" for my hobbies. I keep hobby money in the Apple Card savings, and the Apple Card balance is auto-payed out of that savings account so it's a self-contained "island" of money & purchases that never even get into my family Quicken account, unless I have to reimburse it for an Apple purchase. I do like that it has no annual fee, unlike my primary Citi/AAdvantage card... but that basically makes it worth using the way I do; it's not an important part of my financial strategy.
Chemist here, but it has been years since I worked in the field.
Anyway, bleach on titanium at room temp is fine, but can't say for sure with the paint. It does mess with anodized finishes, but the card isn't anodized as far as I remember. I haven't physically looked at my card in some time.
Last edited:
Not a lot of use. Secondary to Amex Blue. I migrated from Mint to Quicken Simplifi, and they added Apple Card support a few months ago. You have to do the sync from phone (vs web desktop app) for some reason. I like Simplifi.
Which Apple service do you subscribe to? If it gives 6% on the Apple One membership, I'll likely upgrade my card to the Preferred. I've been thinking of doing it for the 6% at grocery stores, I think this would put me over the top.
I can't begin to tell you how much I love this card and savings. I have $6,017.18 in lifetime daily cash (as of this moment), and have "harvested" $2,149.13 in interest on the savings account. I have paid exactly $0 in any form of fee or finance charge. My 2 adult children entered adulthood as 800+ credit scores due to being participants under me for all their late teen years. Using spending/savings in tandem on the Apple Card is ridiculously easy, and perfectly baked-in. Hope it stays very similar in whatever iteration it takes.
Tomorrow marks the sixth anniversary of the Apple Card becoming widely available in the U.S., following a more limited preview period.
Apple's credit card can be managed in the iPhone's Wallet app, with key benefits including color-coded spending summaries, no fees, and Daily Cash cash back paid out daily. Apple Card holders can also open a high-yield savings account.
The anniversary comes ahead of a big change planned for the Apple Card.
Specifically, The Wall Street Journal last month reported that Chase Bank parent company JPMorgan was in "advanced talks" with Apple about replacing Goldman Sachs as the Apple Card's financial partner. Goldman Sachs is in the process of winding down its consumer lending business, which has lost billions of dollars in recent years, and Apple is reportedly willing to let them out of their contract that is supposed to run until 2030.
If the Apple Card does eventually get a new financial partner, there could be updates to the card's features, policies, interest rates, and customer service processes, although exact changes if any remain to be seen. It is also worth noting that Chase Bank does not currently offer a high-yield savings account akin to Apple Card Savings.
Unfortunately, the Apple Card remains available in the U.S. only, and there is no indication that will change in the near future.
What do you think of the Apple Card after six years? Let us know in the comments section.
Article Link: Apple Card Turns Six With Big Change Ahead
Why click on the day its due...set autopay balance on last day of the month, withdraw direct from Apple Savings? I literally charge EVERYTHING for the 2%. Use about $5,000 per month. Each payday of the foloowing month I put $1,250 in Apple Savings, get 3.65% on this money until it pays the debt. Just did it with a $19,000 home enhancement...making $114 interest on the project while holding the "debt".
I use Quicken for all my financials and I just wish there was support for the Apple Card other than just downloading a compatible file at the end of the month. Also, I wish there was a place on the App in the list of charges where you could put a note.
Last edited:
I would say no. It has the stripe and chip with electronics.
Try isopropyl alcohol. Here’s the Apple support website with cleaning instructions for Apple Card.
How to clean your Apple Card - Apple Support
See how to protect and maintain the condition of your titanium Apple Card.
That’s due to banking has local laws and regulations. Apple would have to spend millions on lawyers to set up the legal structure. Then they would have to work with banks from each country. It is possible, but I think the issue right now is with Goldman Sachs. They were likely apprehensive to take the deal in the first place and right now they’re definitely not going to expand. Apple is having a hard time getting someone to take over AC just in the USA.
JPMorgan Chase is taking it over so it could go international. However it won’t be the Apple Card we know now. It’ll just be a credit card with the Apple name.
I've used baby wipes on my Apple Card--I figure, if it's safe enough for a baby's skin, it can't harm titanium. It's worked pretty well! Although my Apple Card doesn't get really dingy or dirty much; I only use the physical card at restaurants (any place where I have to hand the card over to another person). Any other time, I use tap-to-pay/my Apple Watch or iPhone.
Last edited:
I’ve had my Apple Card since the pandemic, and it’s been my primary payment method for about 80 to 90% of my purchases. While it may not offer the most lucrative rewards among all credit cards, it’s quite competitive as a general-purpose day-to-day card. What truly sets it apart is its user-friendly nature. Everything is conveniently available at the beginning of each month or end of the month, eliminating any surprises or gimmicks. Although I rarely use the titanium card, when I do, it functions seamlessly, and I feel a sense of security using Apple Card over any other card.
In the not-so-distant past, card number breaches were a common occurrence, and I had to frequently contact companies that used my credit card number to update it with a new one. Meanwhile, I had to wait for a new card to arrive in the mail. These days, I rarely use my debit card for anything except withdrawing cash from ATMs. Everything else goes through Apple Card whenever possible. Stealing someone’s credit card number was/is as simple as taking a photo of the card’s front and back, and the card was leaked online almost immediately. However, when I use my titanium card, I don’t have to worry about that because there’s no number on the card. Additionally, I can lock the card without any hassle. These features, which we now take for granted, were quite remarkable when the card was first introduced.
I don’t see Apple reducing any of the security or privacy protections that have been staples of the card since it first launched. Additionally, 2% and 3% rewards are fairly common now.
If anything I can see the rewards going up (3-5%), but I can definitely see end of month billing going away. 😢 If I remember correctly, that was Goldman’s number one issue with the Apple Card.
In hindsight, the only issues I’ve ever had with a card were disappearing transactions at the very, very beginning. Gas purchases, in particular, were notorious for disappearing, whether I use the titanium card or Apple Pay. That issue has long since been addressed. Other than that no issues. If anything, things have only been more refined and improved since I got it.
In the not-so-distant past, card number breaches were a common occurrence, and I had to frequently contact companies that used my credit card number to update it with a new one. Meanwhile, I had to wait for a new card to arrive in the mail. These days, I rarely use my debit card for anything except withdrawing cash from ATMs. Everything else goes through Apple Card whenever possible. Stealing someone’s credit card number was/is as simple as taking a photo of the card’s front and back, and the card was leaked online almost immediately. However, when I use my titanium card, I don’t have to worry about that because there’s no number on the card. Additionally, I can lock the card without any hassle. These features, which we now take for granted, were quite remarkable when the card was first introduced.
I don’t see Apple reducing any of the security or privacy protections that have been staples of the card since it first launched. Additionally, 2% and 3% rewards are fairly common now.
If anything I can see the rewards going up (3-5%), but I can definitely see end of month billing going away. 😢 If I remember correctly, that was Goldman’s number one issue with the Apple Card.
In hindsight, the only issues I’ve ever had with a card were disappearing transactions at the very, very beginning. Gas purchases, in particular, were notorious for disappearing, whether I use the titanium card or Apple Pay. That issue has long since been addressed. Other than that no issues. If anything, things have only been more refined and improved since I got it.
I'm surprised no one has mentioned Apple's lack of year-end summaries or statements. Come tax time, my CapitalOne and Chase (Amazon) cards let me find and print a nice categorized summaries of the year's charges. Apple offers nothing beyond the monthly statement.
Well said. I’m ok with the EOM billing going away I actually prefer 1-5 of each month so it will align with all my other bills.
Good post. Missing some additional context which is that the banks take their fees directly from the customers, as opposed to indirectly through the merchant fees.
Most standard bank accounts have a fee. Then there are separate fees for the debit card. And then there are fees for the credit cards. (Whereas in the US only premium credit cards have annual fee)
Because they already get money from card issuance, they can lower the merchant debit fee, and the credit merchant fee are pressured to stay competitive. (It also makes debit behave similar to credit in terms of bonuses/rewards).
In abstract this exemplifies the difference between US and Europe in individualism vs collectivism. US system allows people who are clever with finances to reap lots of rewards. European system is based on flat fees so everybody pays the same amount and theres no opportunity to optimize earnings.
I have the Chase Sapphire Preferred. It's my wife and I's primary card. Totally agree the CSR at $795 and big product change doesn't seem worth it for my family's spending habits. I really like the CSP and feel the $95 annual fee is reasonable.
Overall, I feel the "good 'ol days" of being able to easily extract great value from a lot of the premium cards (and airline mileage programs) is gone and over with. Over time, benefits / redemption values have decreased, you need to jump through more hoops to even breakeven or get minimal value...
Thank you very very much!I would say no. It has the stripe and chip with electronics.
Try isopropyl alcohol. Here’s the Apple support website with cleaning instructions for Apple Card.
How to clean your Apple Card - Apple Support
See how to protect and maintain the condition of your titanium Apple Card.support.apple.com
I use my titanium card wherever I need to pay , like in a restaurant where the card is out of my presence. Love that there are no numbers, exp date or security code on card. Been bitten using traditional cards and someone copies the info and fraudulent uses your card.
I am well aware of the hurdles. But none of these are new. And Apple should clearly have a roadmap on this. Instead they went with Goldman Sachs, a company which has zero consumer banking experience.
The deal wasn't bad for Apple. They made money out of it. And possibly some experience. But it is bad for most of its user. They wasted time on something which they know full well wont be available to vast majority of its user world wide.