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So basically Apple will attract deadbeats and those who rack up high credit card balances.

Annual fees and penalties exist for a reason. To make sure you are a responsible consumer and stay on a budget.
 
Seems like a decent card that I might get at some point. Not a fan of the non-Apple pay cash back rate of 1%, though. Probably trying to push people to use Apple Pay locations more, forcing more retailers to add it over time if customers are going elsewhere to get a lower rate.
 
Considering most of the stores around me still think it’s 1987, I’ll most likely just get 1%, not worth it for me.
 
I wonder if there will be any pushback when you present a card with no numbers/signature block at retail stores. I don’t use Apple Pay as much as I normally would due to having to deal with asking if they take apple pay or not all the time.
 
How is having three reward tiers simple? And does my physical card transactions show up on my Apple Maps?
 
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Let’s see Paul Allen’s card....
 
Some interesting clothing choices this keynote, lol. White jumpsuits and weird dresses.
 
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