I can see how for many this is not a big deal, but as someone who is on a moderate salary, but travels frequently for work, the concept of a credit card with no international fees is extremely compelling. International fees on CC transactions are exorbitant. This provides some hope. I get that the conversion rate is where they will make their money, but at the moment, I am getting robbed on conversion rates and then raped on international "transaction" fees. Cash is not an option because you never know how much you need. I have a shoebox full of foreign currency that isn't worth converting back to my home currency.
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This is an important point. For a company with global reach, this event was hugely disappointing for much of the world.
Your location says Sydney. There are already Australian cards without annual fees, without international transaction fees, that charge at the base Visa/MC rate without any additional conversion rate, and offer additional benefits such as free global wifi and purchase protection.
Plus compatibility with Apple Pay, Google Pay, Samsung Pay, Fitbit, and Garmin.
And similar debit cards that let you use withdraw cash from overseas ATMS without any fees
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People complaining that Apple has lost its way and is trying to do too much - HA! They’re giving us extra value for our iOS and Mac devices for when they’re still being used by us in 3 years. They’re playing the long game here. This goes well with what they said last year about making our devices last so long, building loyalty. This is no different from how Macs can last 7 or 8 years before it’s dead. My first Mac was a 2009 MBP, which I bought off eBay for £740 in 2010 - the hard drive or the connection cable broke last summer.
Apple has lost its way? Not focused? HA! GET OUT OF IT!
That's all good, except that they've also started charging upfront for those 7 or 8 years of hardware life without adding anything new except 7 or 8 years of subscription services