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• The Apple Card is a credit card created by Apple and Goldman Sachs to offer users cashback rewards and other features.
• The Apple Card has no annual, late, or international fees, as well as a low interest rate.
• It also offers customers daily cash rewards for purchases, digital tracking of spending habits, and integration with Apple Pay.
What is the Apple Card?
The Apple Card is a credit card created by American multinational technology company Apple Inc., in collaboration with investment banking firm Goldman Sachs to provide customers with cashback rewards and other features.
Features of the Apple Card
The card offers numerous benefits to its users such as: no annual, late or international fees; low interest rates; daily cash rewards for purchases; digital tracking of spending habits; and integration with Apple Pay.
How Does it Work?
Users can apply for an Apple Card through their iPhone or iPad using the Wallet app, where they will enter basic information about themselves such as name, address and Social Security number. Once approved, users will receive a physical titanium card that can be used anywhere Mastercard is accepted. When making purchases online or in-store using the physical card, customers can earn 2% Daily Cash on all eligible purchases made at merchants that accept Mastercard. When making purchases through Apple Pay on supported devices such as iPhones or iPads, customers will earn 3% Daily Cash on all eligible purchases made at merchants that accept contactless payments like tap-and-go payment systems found in many stores.
Repayment System
Customers have flexible repayment options when using the Apple Card including setting up automatic payments from their bank account each month to cover their balance due or alternatively paying manually via bank transfer or check each month. There are also additional ways to pay off your balance if needed such as setting up one-time payments via debit cards or transferring funds from other banks into your existing account to cover any outstanding balances without having to wait for a check to arrive in the mail. Additionally there are no extra fees associated with making these payments so customers don’t have worry about being charged extra for choosing different payment methods when needed most .
Security & Privacy
Apple has taken security into consideration when designing this product which utilizes strong encryption technology for all data storage within its system as well as secure hardware components built directly into each device enabled with contactless payment functionality (such as iPhones). Furthermore customer privacy is also protected through various measures such as not storing transaction history data within its servers but instead only allowing access to this information through individual user accounts where they can view their transaction histories securely over time.