Approval of Apple Card for Retirees?

bigdaddyps50

macrumors newbie
Original poster
Sep 3, 2019
17
13
South Florida
Can one get approved if one is retired with no job, no verifiable income?
My credit score is 843 out of 850.
And, does Apple give you a monthly Fico score like my Discover?
 

Northern Man

macrumors 6502a
Aug 25, 2013
771
1,086
Can one get approved if one is retired with no job, no verifiable income?
My credit score is 843 out of 850.
And, does Apple give you a monthly Fico score like my Discover?
No monthly pension income? If you can prove investment income I would think so. But I have no idea how GS operates.
 

myscrnnm

macrumors 65816
Sep 16, 2014
1,395
808
Seattle, WA
No credit card company in their right mind will deny investment income as income on a credit card application. That's common practice in the industry.
 

Northern Man

macrumors 6502a
Aug 25, 2013
771
1,086
No credit card company in their right mind will deny investment income as income on a credit card application. That's common practice in the industry.
I agree. Pension income in particular, but also investment income is more secure as one could lose the job 5 minutes after being approved for the card.
 

levander

macrumors regular
Jul 21, 2011
150
74
How do you have no verifiable income?

You don’t even get Social Security?

Are you in the mob or something like that?

Also, I’ve played credit card deals in the past extensively. It’s rare for a bank to try to verify the income you put in on an application. Where it comes into play is if you don’t pay your bill and your account goes into default, you lose certain legal protections if you lied on your application. I’ve never looked into what all you lose. But from when I used to hang out in credit card forums, they always used to act like the protections you lost were a very big deal.

Also, the Apple Card really isn’t that great of a deal for the vast majority of people. The main group is people who don’t pay off their credit card every month, supposedly the Apple Card doesn’t charge as high of interest rates. Their rewards program on their card is really lackluster. Head to a site that reviews credit cards to find one that’s probably better for you.