Mar 25, 2019

Apple Introduces Apple Card, Digital Credit Card That Offers Daily Rewards And Has No Fees

At today's services-focused event, Apple introduced a new service called Apple Card that is designed to replace the traditional credit cards. With Apple Card, you can shop in stores, apps, and on the web, and it's available on all devices, you can sign up on iPhone, and start to use it right away.

Furthermore, Apple Card will display how much you have spent, you owe, as well as when is the payment due. Thanks to machine learning and Apple Maps, Apple Card provides easily recognizable transactions, it automatically organizes and totals your purchase, tracks your purchase by category, best of all, all these can be done within the Wallet app.

Apple Card also offers rewards, allows you to get the most for your money, with every time you spend, you get cash back and you get it every day, Apple calls it Daily Cash. Users can use it in stores, apps, groceries, etc. You can 2% cash back on Apple Pay, and 3% on purchase made directly through Apple.

The service doesn't contain any fees. According to Apple, a unique card number is created on iPhone for Apple Card and stored safely in the device’s Secure Element, and every purchase is secure because it is authorized with Face ID or Touch ID and a one-time unique dynamic security code.

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