Learn how to apply for the Apple Card
If you are an Apple user, you can apply for your Apple Card and enjoy the convenience of easily managing your spending.
What should I know about the Apple Card?
In 2019, Apple announced its entry into the credit card market with the launch of the Apple Card. While the card is issued by Goldman Sachs, it features the user-friendly technology and sleek design that Apple customers expect.
The Apple Card offers a variety of useful features. For iPhone users, it is easy to apply for the card through the Wallet app. Once approved, the card can be used anywhere that accepts mobile wallet payments. One of the standout perks is the opportunity to earn 3% cash back on Apple purchases when using Apple Pay.
While the Apple Card is branded as a “new form of credit card,” it is actually a Mastercard with Goldman Sachs as the issuing bank. However, it does provide a slightly unique cash rewards system, the ability to function as both a mobile payment instrument and a physical card, helpful financial planning features, and a lack of hidden fees.
What sets the Apple Card apart is its integration with the Apple ecosystem. To make the most of the card, you’ll need an iPhone or Apple Watch. As long as you use Apple Pay for your purchases, the rewards rates can compete with some of the best cash-back credit cards.
Who is eligible for the Apple Card?
To apply for an Apple Card, you must be 18 years or older, have a valid physical U.S. address that is not a P.O. Box, and be a citizen or lawful permanent resident. Military addresses are also accepted. Additionally, you need an Apple Pay-capable device.
How to apply for the Apple Card?
To apply for an Apple Card, open the Wallet app, tap on the Apple Card interface, and follow the activation procedures. Most of the required information will be taken from your Apple ID, making the setup process quick and easy. You can also apply for the card when purchasing a gadget from Apple’s website using the Monthly Installment Plan or by visiting the Apple Card website. Approval is subject to credit check and approval, similar to other credit cards.
Once registered for an Apple Card, you can start using it immediately for digital transactions. Apple also sends a physical Apple Card for use in situations where mobile payments are not accepted.
Is the Apple Card worth it?
For individuals who already own an iPhone and value simplicity over credit card points, the Apple Card can be a good option. It is particularly advantageous for frequent Apple shoppers or those making significant purchases from Apple who want to benefit from interest-free payments. However, if you’re looking for additional benefits like airport lounge access, other credit cards may be more suitable.
Apple Card vs Petal® 2 Visa® Credit Card
Both the Apple Card and the Petal® 2 Visa® Credit Card have their own advantages and target different goals. The Apple Card is designed for maximizing cash back through Apple Pay usage, while the Petal® 2 Visa® Credit Card is more suited for individuals building their credit score. It ultimately depends on your specific goals and needs.
Apple Card benefits
- Competitive cash back rates
- No fees
- Seamless integration with Apple Pay
- Option to make installment payments for Apple goods
Petal® 2 Visa® Credit Card benefits
- No costs, including annual, foreign, late, or over-limit charges
- No security deposit required
- No credit history required
How to apply for the Petal® 2 Visa® Credit Card?
If you’re interested in the Petal® 2 Visa® Credit Card, you can find detailed information on how to apply in our article on the topic.
