Although Apple announced its own credit card back in March, some people started receiving invitations to apply earlier this month. Now, the Cupertino firm has announced that anyone in the United States can apply for the Apple Card.
"We"re thrilled with the overwhelming interest in Apple Card and its positive reception," said Jennifer Bailey, Apple’s vice president of Apple Pay. "Customers have told us they love Apple Card’s simplicity and how it gives them a better view of their spending."
Apple says that the Card has no fees, low interest rates, and that it should make it easier to manage your finances with a simple view of how you spend your money. While the company originally said that users of the Card will get 3% cash back on purchases from Apple, it said today that it"s expanding that to more merchants like Uber and Uber Eats. Also, you"ll get 2% cash back on all Apple Pay purchases, and 1% cash back on everything else.
Apple is promising "a new level of privacy and security", since the firm won"t be able to look at how you spend your money, including where you shopped, what you bought, or how much you paid. It is partnering with Goldman Sachs, and Apple made no such promise about the bank, although it did say that Goldman will not share or sell your data to third parties for the purpose of advertising.
According to reports, you don"t exactly need stellar credit to get the Apple Card. The reason for this is that Apple wants to reach as many of its hundreds of millions of customers as possible, and some customers that got early access did say that their interest rates are lower than their existing credit cards.
If you want to find out more about the Apple Card, you can check out the website here. To apply, you"ll need to use the Wallet app on your iPhone.