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Goldman Sachs Makes Apple Card Customer Agreement Available Ahead of Upcoming Apple Card Launch
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“Upon your request, we will issue you a physical card that you can use to make transactions from your account.”
From the keynote, I was under the impression it was issued automatically, but I guess not.
From the keynote, I was under the impression it was issued automatically, but I guess not.
Why would one have a cash back card and not use it? Use the card, collect the cashback, and pay it in full by due date. He'd be missing the rewards part for paying with his debit card.
Cash back cards = free money when used correctly.
I use them for everything I can possibly use it for. Only my car payment and electric bill require withdrawal directly from my bank account. Rent, groceries, other bills, insurance, etc. are all paid for with cash back cards and paid in full each month. I pay no interest and will have hundreds of free dollars by Christmas.
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Literally there are so many better credit cards out there. There’s no reason for most people to get this.
Probably 2020. They have to create the user agreement and get it approved by the EU.
It’s possible that has already begun and the US version was posted because it was just approved here. I don’t see why they would want to wait.
You'll be able to use it with your iOS 13 beta. And the credit agency is TU.
The card is issued by third party bank and it has to obey all the financial regulations. I doubt is offers more privacy. Bank knows what transaction occurred, where is the transaction happened and how much.
Most cards in the states don’t offer that level of benefits, unfortunately. Canada just keeps looking better and better.
Because you'll be earning cashback and have a nice iOS UI to track all your spending? Not to mention the new financing options that will be available within Apple Stores.
The physical card is an optional add-on. The main card is the digital one and you will immediately get it upon approval.
Yes they can. In Europe, for example, they have a 30 pound or 30 euro limit on contactless card (tap) but no limit on Apple Pay. Older terminals can't tell the difference and still apply the limit on Apple Pay too, but the newer ones can.
He means general experience. They are 150 year old bank so I think few people might have experience with them.
To answer the question I have a savings account an PL with them. They recently made a big investment in their tech so they (for me) have been really easy to deal with. Rates were a bit on the high side for PL.
US based customer service which you don’t realize how important that is until you do. Big banks tend to be rigid though.
I do not know about Europe, but in Canada is 100 dollars limit regardless through tap or Apple Pay. I don’t think Canadian banks are capable of doing so, because that was I being told by my bank. Not just one bank, all the bank I tried to ask.
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It is not a good cash back card. That is all to it. You can find far better cash back card than this.
I got Costco visa/Sams MasterCard both for my daily cash back (5% gas/4% gas, 3% travel/restaurant). I guess some people can claim it’s annual fee ties to my Sams club and Costco annual accounts. I’m on executive and Sams plus member so pay $120-100 for my membership. But it’s basically a free membership cause they give me back money for spending $2000 plus each year there.
So in a nutshell. Those are two better daily cash back cards than Apple Card.
There is very little benefit of having apple Goldman Sachs card except the cool factor.
So in a nutshell. Those are two better daily cash back cards than Apple Card.
There is very little benefit of having apple Goldman Sachs card except the cool factor.
Per The Verge, that would be a no.
Most hotels in the US don't do contactless, though, so they're going to use the physical card to guarantee a card for incidentals (at minimum).
In addition, Regulation E in theory guarantees recourse for debit card fraud but it's going to depend on the exact situation for how much your bank is legally required to help you. In practice, though, most seem to go beyond the minimum.
probably nothing to do with large company. They may have regulatory approvals to get, they have infrastructure to put in place, software to test, security to test, it may be marketing to drum up support. But just because the companies are big?
I don’t know if the bank can tell how you paid or not (what is your source of information?), but the bank and merchants decide the limits. At Costco you can pay with tap up to 200$. At the Apple Eaton Centre Store I have tapped with Amex above 1000$. I tapped to buy an iPhone XS. What Apple does say about the privacy is the merchant will not see your CC number when you use Apple Pay, I haven’t seen them say the bank won’t know how the transaction was processed.
not entirely true. Costco has some fees and egregious interest if you have a payment problem, and pays rewards only good at Costco. different strokes