How to Apply for Apple Credit Card

TL;DR

Learn how to apply for Apple credit card with benefits like cash back and color-coded spending breakdown.

Transcript

everyone in today's video I want to show you how to apply for the Apple credit card that was rolled out in August of 2019 I want to show you some of the benefits of it and some of the downsides of getting the card before you apply I'm here on apple.com but I'll show you exactly where to apply right on your phone and you could technically press appl... Read More

Key Insights

• 💳 Apple credit card offers 3% cash back on Apple purchases, 2% on Apple Pay, and 1% on other transactions.
• 💳 APR on the card ranges from 13% to 22% based on credit score.
• 💳 Application process for the Apple credit card is simple through the Wallet app on iOS devices.
• 💳 Goldman Sachs issues the Apple credit card, emphasizing no fees and daily cash benefits.
• 🎴 Paying off the monthly balance is essential to avoid interest charges on the card.
• 👨‍💻 Color-coded spending breakdown feature helps track expenses effectively.
• 💳 Wide range of credit scores accepted for the Apple credit card application.

Questions & Answers

Q: What are the benefits of the Apple credit card?

The Apple credit card offers color-coded spending breakdown, 3% cash back on Apple purchases, 2% on Apple Pay purchases, and 1% on other transactions. It has no points, gimmicks, or fees.

Q: How is the APR calculated on the Apple credit card?

The APR on the Apple credit card ranges from 13% to 22% based on your credit score. It is crucial to pay off the monthly balance to avoid interest charges.

Q: What is the application process for the Apple credit card?

To apply for the Apple credit card, go to the Wallet app on your iOS device, select Apple Card, and follow the prompts to fill in your information, including a credit check.

Q: Who issues the Apple credit card?

The Apple credit card is issued by Goldman Sachs, an investment bank. This card is their first consumer-based offering with features like daily cash and no fees.

Summary & Key Takeaways

• Detailed guide on applying for Apple credit card and its benefits.

• Cashback system explained with percentages for various purchases.

• Information on APR, credit score requirements, and application process provided.