Questions about Apple Card

[mavericks7913]

1. Do they provide a physical form of Apple card?

2. Am I able to use Apple Card WITHOUT my bank account like Citibank? Or will it be better to drop my Citibank instead of Apple Card?

3. Any disadvantages compared to Citi bank?

 

[timeconsumer]

1. Do they provide a physical form of Apple card?

2. Am I able to use Apple Card WITHOUT my bank account like Citibank? Or will it be better to drop my Citibank instead of Apple Card?

3. Any disadvantages compared to Citi bank?

1. Yes, you'll get a physical card for when you can't use Apple Pay.
2. It's a credit card so you don't need a bank account. However, you'll want to have a bank account so you can make online payments to the card.
3. The Apple Card is a credit card, not a bank account. If you're looking for a comparable cash back credit card from Citi, check out the Citi Double Cash card.

 

[TheAppleFairy]

Here's the answer to 1&2 : https://www.macrumors.com/guide/apple-card/


You're going to have to be more specific for 3:

https://www.citi.com/credit-cards/compare-credit-cards/citi.action?ID=view-all-credit-cards

 

[coldwaves]

1. Do they provide a physical form of Apple card?

2. Am I able to use Apple Card WITHOUT my bank account like Citibank? Or will it be better to drop my Citibank instead of Apple Card?

3. Any disadvantages compared to Citi bank?

1) Yes, Apple will give you a physical card. You can use it in places where Apple Pay is not available. However, the card has no numbers printed on it. So if you need to use the card for online purchase, you have to look for that number in your phone. The card information is stored in your wallet app.

2. Apple Card is just a credit card. You can use it the same way as other credit card.

3. It is 3% cash back for Apple purchase, 2% for purchase made for Apple Pay, and 1% for everything else. Citi has a double cash that is 2% for everything. In terms of cash back, Citi Double Cash probably has advantage (unless you buy a lot from Apple). But Apple card may have some security benefits and better integration with your Phone. Well, you don't have to have just one card. You can have both if you want.

 

[now i see it]

The "huge" disadvantage of the physical Card is that the card number ISNT printed on the card. Nor is the expiration date or cv code.

While this may possibly enhance security, it requires you to either memorize all that information or ALWAYS have your iPhone with you when needing to make a credit card purchase that requires entering the cc info.

The beauty of a plastic normal traditional credit card is that you don't need to carry anything else with you. All you need is the card. With the Card, that's not guaranteed.
If someone were to only get one credit card, the Card (IMO) would be a poor choice. It seems more like a major liability to me, locking a credit card to your iPhone .

Apple is spending billions of dollars trying to diversify away from being as dependent on iPhone sales as they've been by starting all these new services. They're attempting to do that at OUR expense by trying to monopolize everything in our digital life.

If people were smart, they'd follow Apple's example and diversify AWAY from Apple services. Don't be their patsy.

 

[noobinator]

The "huge" disadvantage of the physical Card is that the card number ISNT printed on the card. Nor is the expiration date or cv code.

While this may possibly enhance security, it requires you to either memorize all that information or ALWAYS have your iPhone with you when needing to make a credit card purchase over the phone.

The beauty of a plastic normal traditional credit card is that you don't need to carry anything else with you. All you need is the card. With the Card, that's not guaranteed.
If someone were to only get one credit card, the Card (IMO) would be a poor choice.

How many people make credit card purchases over the phone in 2019? I haven’t done this in probably more than a decade.

 

[chabig]

it requires you to either memorize all that information or ALWAYS have your iPhone with you when needing to make a credit card purchase that requires entering the cc info

Or your iPad, or your Mac.

 

[mavericks7913]

So I still need to keep my Citibank even with Apple Card?

 

[C DM]

So I still need to keep my Citibank even with Apple Card?

What do you mean by "keep my Citibank"? As in keep a regular banking checking/savings account? Or something else?

 

[mavericks7913]

What do you mean by "keep my Citibank"? As in keep a regular banking checking/savings account? Or something else?

Keeping Citibank means both debit card and bank account.

 

[ftaok]

Keeping Citibank means both debit card and bank account.

Do you understand the difference between a credit card and a debit card? The Apple Card is a credit card.

You would only need to "keep your Citibank" of you need a debit card and a bank account.

You're question is too open ended and probably unique to your own personal situation. Only you can answer that question for yourself.

 

[C DM]

Keeping Citibank means both debit card and bank account.

Credit cards and bank accounts (as in checking/savings along with an associated debit card) are different things.

 

[Chundles]

Credit Cards and Bank Accounts are different.

Credit Cards: buy things and pay later.
Bank Accounts: Provide debit cards to buy things and pay now, also storing money you earn.

You don’t need a bank account to have a credit card however you can’t have your salary paid into a credit card or save money for retirement etc.

 

[JPack]

OP seems to think Apple is now a bank.

 

[parseckadet]

The "huge" disadvantage of the physical Card is that the card number ISNT printed on the card. Nor is the expiration date or cv code.

While this may possibly enhance security, it requires you to either memorize all that information or ALWAYS have your iPhone with you when needing to make a credit card purchase that requires entering the cc info.

How is this not true for any other credit card? Just replace the word "iPhone" with the word "wallet." Honestly, when I'm buying something online, which is the only time I need those details, I'm far more likely to have my phone nearby than my wallet with the credit card in it.

How many people make credit card purchases over the phone in 2019? I haven’t done this in probably more than a decade.

Over the phone, more often than you would imagine. I end up having to give that information to doctor and dentist offices fairly regularly. But I use it far more often when buying something online. Just about every website wants that info. The only ones that don't are those that support ApplePay online, which are few and far between.