There ‘s a lot of fine print associated with the newly Apple Card, so we ‘ve created this guide to provide details on what you can expect when signing up for the card. Apple Card has been available since 2019, and Apple is continuing to add new features. You ‘ll find everything that you need to know about Apple Card below .
How do you get the Apple Card?
Signing up for Apple Card is a elementary as opening up the Wallet app, tapping on the Apple Card interface, and walking through the activation steps. much of the information you need is pulled from your Apple ID, which means Apple Card apparatus takes good a couple of minutes to set up. You can besides apply on Apple ‘s web site when making a device purchase that uses the monthly Installment design or through the Apple Card web site .
information required includes first and death name, date of birth, earphone number, home address, country of citizenship, the last four digits of your Social Security number, and your annual income. Some users may besides be asked to scan their driver ‘s license or express ID. There is an emergence with the Apple Card properly immediately that prevents Apple from accepting vertical IDs.
Once you’ve signed up for Apple Card, it will be available for use immediately for digital purchases. Availability is subject to credit approval, so you need to qualify for Apple Card just like you do with any other kind of credit card. While digital payments are available immediately, Apple will also ship out a physical Apple Card that can be used like a traditional credit card.
Who Qualifies for the Apple Card?
once you ‘ve signed up for Apple Card, it will be available for use immediately for digital purchases. Availability is subject to credit blessing, so you need to qualify for Apple Card precisely like you do with any other kind of citation circuit board. While digital payments are available immediately, Apple will besides ship out a physical Apple Card that can be used like a traditional credit poster. To get an Apple Card, you need to be 18 years or older and be a U.S. citizen or a lawful U.S. resident with a U.S. residential savoir-faire ( no P.O. Box ) .
An iPhone running io 12.4 or late is required to use the Apple Card, and it will not be available if you do not have an iPhone. Two-factor authentication must be turned on, and you must be signed in to iCloud on your iPhone with your Apple ID .
Using Apple Card with Apple Pay
Apple Card is designed to work with any other credit or debit calling card stored in the Wallet app for consumption with Apple Pay. You can set it as the nonpayment circuit board and use it for in store purchases on iPhone and on-line purchases on Apple Watch, iPhone, iPad, and Mac .
Using Apple Card for Non-Apple Pay Purchases
If you need to pay for purchases that ca n’t be made with Apple Pay, you can use the physical interpretation of the Apple Card that Apple sends once you sign up. In addition to Goldman Sachs, Apple is partnering with Mastercard, so the physical Apple Card can be used wherever Mastercard is accepted .
When your physical card comes in the mail, setting it is simple. On the iPhone XS, XS Max, and XR, all you need to do is hold your iPhone near the envelope that it came in for an NFC scan and then tap the “Activate” button on your iPhone when it pops up.
When your physical batting order comes in the mail, setting it is dim-witted. On the iPhone XS, XS Max, and XR, all you need to do is hold your iPhone near the envelope that it came in for an NFC scan and then tap the “ Activate ” button on your iPhone when it pops up. On the iPhone X and in the first place, you need to open up the Apple Card, open the Wallet app, tap the “ Activate ” button in the Wallet app and then hold your iPhone near the packaging that the Apple Card came in. Unlike traditional cards, you do not need to place a telephone call for activation purposes .
The Titanium Apple Card
With Apple Card you can make digital Apple Pay payments, but Apple is besides providing a physical card. Since this is a credit batting order designed by Apple, it is, of class, unique among accredit cards .
It’s made entirely from titanium, which is laser etched with your name. The front of the card does not have a card number or an expiration date listed, and on the back, there’s no CVV and no signature. If someone finds or steals your card, there’s no real way for them to use it, at least for online purchases.
It ‘s made wholly from titanium, which is laser etched with your name. The front of the wag does not have a circuit board number or an termination date listed, and on the back, there ‘s no CVV and no signature. If person finds or steals your menu, there ‘s no real way for them to use it, at least for on-line purchases .
There’s still a traditional magstripe on the back, along with a built-in chip. While the card number and CVV are not on the card itself, you can find them in the Wallet app if you need them.
There ‘s even a traditional magstripe on the back, along with a built-in chip. While the card number and CVV are not on the card itself, you can find them in the Wallet app if you need them. The physical Apple Card does not support contactless payments itself — you need to use your iPhone for Apple Pay payments. There is no cost for the card and there is no fee associated with replacing it if you lose it .
The titanium Apple Card weighs in at 14.7 grams, which is heavier than the Chase Sapphire Preferred and lighter than the AMEX Platinum, both of which are besides considered heavier weight cards .
Apple Card on iPhone, iPad, Apple Watch, and Mac
The Apple Card offers deep integration with the Wallet app on the iPhone, but it can besides be used on the iPad, Apple Watch, and the Mac for making purchases and viewing some credit poster information .
Adding the Apple Card to iPad can be done via the Wallet & Apple Pay segment in the Settings app and the Wallet & Apple Pay section of the My Watch check in the Apple Watch app on iPhone .
On Mac, you can add Apple Card by going to System Preferences, selecting Wallet & Apple Pay, and clicking the “ + ” button to add the Apple Card. Adding an Apple Card to Wallet on Mac requires a Mac with Touch ID .
On Macs without Touch ID, you can turn on the “ give up Payments ” have that will let you complete purchases on your Mac using authentication via an eligible iPhone or Apple Watch .
As with any other credit circuit board, there is a credit limit for Apple Card that will vary from person to person. A better accredit score means a higher credit limit, and credit limit besides increases over time .
Apple in July 2020 added an Apple Card website that allows users to apply for a wag, check their balances, view statements, and make Apple Card payments on-line. With the addition of the web site, an iPhone is no long required to get an Apple Card, so it can be used for things like Mac purchases for those who want to sign up for Monthly Installment Options .
The web site can be found at card.apple.com, and Apple Card holders can sign in with their Apple IDs .
Apple Pay payments can besides be made directly on an iPhone or iPad using the Wallet app .
For March, April, May, June, July, and August 2020, Apple has allowed customers to defer their Apple Card payments with no interest in an opt-in plan that consumers can take advantage of .
Apple ‘s submit payment broadcast can be used a total of six times in 2020, but not beyond that. Customers who began taking advantage of the feature of speech in March will no long be able to use it after August .
monthly Apple Card statements are provided in the Wallet app. You can save a PDF of the statement from the Wallet app so that you can access it on other devices .
Apple Card Family Sharing
Apple May 2021 debuted an Apple Card Family feature, which allows for spouses to share a individual Apple Card account, with each person serving as a co-owner in ordain to build credit rating .
Apple Card Family besides lets parents parcel an Apple Card with their children for making purchases, with optional outgo limits and parental controls to help children learn smart fiscal habits. All spend by the kin is tracked with a single monthly bill .
Up to five people can be added to an Apple Card report for sharing purposes, with sharing handled through the Wallet app. All users must be function of the lapp Family Sharing Group, and be 13 years of age or older .
Co-owners must be 18 years or older, and will have a compound outgo terminus ad quem and the ability to see each early ‘s spending. Existing Apple Card customers will be able to merge their Apple Card accounts if they have two cards, resulting in a higher shared citation limit with the lower APR of the two accounts. Apple Card Family launched in May, but merging accounts wo n’t be available until July.
Apple says there are no annual fees, international fees, fees for making a deep requital or fees for exceeding your credit limit .
There may be no late fees, but if you make a late or miss one payment, Apple says this will result in “ extra accumulating toward your remainder. ” That means making a former payment will not result in penalty rates, aka increase concern rates. You ‘re still going to have to pay interest on the outstanding balance, and a late payment will impact credit score, but matter to rates wo n’t increase .
There are no foreign transaction fees, but the exchange rate for alien transactions is determined by Mastercard .
PIN for International Purchases
The Wallet app does not provide a PIN, which is frequently necessity when making credit menu purchases outside of the United States. There is no PIN support, which means the Apple Card may not be accepted by some international vendors .
The Apple Card offers an APR between 10.99 percentage and 23.99 percentage based on your accredit score. On the first gear end, that ‘s lower than the national modal APR of 17.67 percentage, but it does n’t offer APRs a low as some other credit cards .
Apple is aiming to make the Apple Card available to as many customers as possible with its wide APR range, offering it even to those with less than stellar credit scores. There are tools built into the Wallet app to encourage users to pay off their balances quicker to avoid interest fees.
Apple is aiming to make the Apple Card available to as many customers as possible with its wide APR range, offering it even to those with less than leading credit scores. There are tools built into the Wallet app to encourage users to pay off their balances quick to avoid pastime fees. A credit check is required when signing up for the Apple Card. Approvals are done by Goldman Sachs, and Goldman Sachs uses TransUnion for credit checks. If you have a credit freeze applied, you will need to unfreeze your TransUnion credit .
TransUnion has an choice to temporarily release your credit report for a set number of days, which makes it easy to unfreeze and then refreeze your citation. Lifting your credit freeze temporarily is free .
Apple does a soft credit extract when you apply for Apple tease so you can see Apple ‘s offer with accredit limit and APR. A hard pull happens after you hit the “ bear ” clitoris .
Apple wanted to make the Apple Card accessible to as many people as possible, which means Apple Card spouse Goldman Sachs is approving people with a wide range of credit scores .
Reports have suggested that some customers with credit scores in the 600s have been successfully approved. APRs and credit rating limits will vary based on citation score, but many people may be able to successfully get an Apple Card .
Apple offers a cash back rewards system for the Apple Card, providing daily cash up to 3 percentage. Depending on your particular spend habits, there may be better options available ( Apple Card Rewards vs Others ) .
With Apple Card, you get 1 percentage cash back for all of your purchases, which is just approve compared to many other credit cards available. On purchases made with Apple Pay, you get 2 percentage cash back, a good incentive to use Apple Pay where available .
For purchases made from the For purchases made from the Apple Store ( physical or on-line ) you ‘ll get three percentage back. This besides includes purchases made from the App Store, iTunes Store, and Apple services. You ‘ll besides get three percentage back when using the Apple Card with Apple Pay for Uber, Uber Eats, T-Mobile, Walgreens, Nike, Duane Reade, Panera Bread, and Exxon and Mobil flatulence station purchases due to partnerships Apple has established with these companies .
One of the perks of Apple Card ‘s rewards system is “ casual Cash, ” with Apple paying out your cash back bonuses on a day by day basis preferably than making you wait weeks for them to show up on a affirmation.
If you ‘ve signed up for Apple Cash ( the feature that adds an Apple Pay Cash debit poster to your Wallet for sending and receiving money from friends ) you will get your Daily Cash payouts on your Apple Cash wag .
Apple Cash is required for Daily Cash, but if you don’t have Apple Cash set up, you’ll still get your rewards, just on a monthly basis as a credit on your statement balance. There is no limit on the amount of Daily Cash that you can get, according to Apple.
How Daily Cash Can Be Used
Apple Cash is required for daily Cash, but if you do n’t have Apple Cash set up, you ‘ll still get your rewards, barely on a monthly footing as a credit on your statement balance. There is no terminus ad quem on the amount of Daily Cash that you can get, according to Apple. Your daily Cash symmetry, which is transferred to your Apple Cash circuit board ( basically an Apple debit calling card ) can be used for Apple Pay purchases, sent to friends or class using the Apple Cash feature in Messages, or transferred over to your bank account .
Apple Cash can be transferred to your savings bank score at no price, a work that takes between one and three days. There ‘s besides an Instant Transfer feature that will cost one percentage of the entire money being sent. The Instant Transfer tip has a minimum of $ 0.25 and maxes out at $ 10. Transfers can be initiated in the Wallet app after linking a bank report to Apple Cash .
Daily Cash – Returns
If you return a leverage that you made with Apple Card, you will be refunded the buy price. daily Cash that you received when making the purchase is charged back to the Apple Card .
Spend Tracking and Budgeting
All transactions made with the Apple Card are listed clearly in the Wallet app with color-coded categories like Food and Drinks, Shopping and Entertainment, and more. Apple Card besides provides weekly, monthly, and annual ( as of io 14.2 ) outgo summaries, again using the lapp discolor coding so you can see what you ‘re spending at a glance .
Along with categorized spend tracking, the Wallet app provides a Total Balance summary that provides a look at your previous monthly balance, new spending (including pending transactions, and any payments or credits that have been made.
Along with categorized spend chase, the Wallet app provides a total Balance summary that provides a search at your former monthly symmetry, new spending ( including pending transactions, and any payments or credits that have been made.
Interest charged and Daily Cash earned are also offered up, and users can see PDF statements from past months.
interest charged and Daily Cash earned are besides offered up, and users can see PDF statements from past months. As is the case with many cards added to Apple Pay, when you make a buy with Apple Card, you ‘ll get an instant telling right on your call. This will let you know immediately if there ‘s a charge that you do n’t recognize, and there are built-in tools for flagging a deceitful leverage .
Clear Transaction Labeling
Apple is using machine learning and Apple Maps to make certain that all of your Apple Card transactions are intelligibly labeled. If you ‘ve opened up a credit card instruction and have seen a confusing arrangement of truncate letters and numbers rather of a wax merchant name, that ‘s the trouble Apple is solving .
All transactions are listed clearly with merchant name and exact location so you can better keep track of what was purchased and where it was purchased.
All transactions are listed clearly with merchant diagnose and claim localization so you can better keep chase of what was purchased and where it was purchased. Apple Card shows you multiple payment options and it calculates the amount of sake that you ‘ll be paying on unlike requital amounts in real time. Apple says Apple Card is designed to encourage customers to pay a bite more every calendar month to cut down on interest, and it offers the tractability to agenda payments in multiple ways — weekly, fortnightly, and monthly preferably than merely monthly. You can besides make a erstwhile payment if desired .
Payments are made by linking a bank account to your Wallet app (or to your Apple Card though the website), but Apple Cash can also be used as an Apple Card payment method. If you’ve already linked a bank account for Apple Cash, Apple will ask you if you want to use the same bank account for Apple Card, but you can also select a different account or swap your account at any time.
Payments are made by linking a depository financial institution report to your Wallet app ( or to your Apple Card though the web site ), but Apple Cash can besides be used as an Apple Card payment method acting. If you ‘ve already linked a deposit account for Apple Cash, Apple will ask you if you want to use the same bank account for Apple Card, but you can besides select a different account or swap your report at any time. As with any credit or debit card added to Wallet, Apple creates a alone card number on iPhone for Apple Card that ‘s stored in the Secure Element. All payments are confirmed with Face ID or Touch ID along with a erstwhile alone active security code .
This system means Apple does not know which stores a customer patronize at, what was purchased, or how a lot was paid .
Because Apple Card uses the Mastercard network for payment process, it offers benefits available to Mastercard card holders, such as imposter protective covering, identity larceny protection, and a free ShopRunner membership that offers rid two-day transport from some websites .
other benefits include Mastercard ‘s travel discounts and upgrades, Mastercard ‘s single “ particular events, ” Mastercard golf offerings, and base rental discounts via Onefinestay, all of which are available to all Mastercard users. Purchase security and exsert warranties offered by some credit cards as benefits are not available with the Apple Card .
Apple does offer a calamity Relief Program for Apple Card holders affected by a natural disaster. This program lets users apply to skip a payment and pay no interest for two months .
Advanced Fraud Protection
Advanced Fraud Protection is a new feature in io 15 that ‘s designed to keep Apple Card information more guarantee by changing the three-digit security code associated with the card on a regular basis .
When enabled, Advanced Fraud Protection will cause the three digit security code used for making purchases online to change every so often, which protects you if your card details are compromised by an online merchant. Apple says that the feature will not impact recurring purchases and subscriptions.
When enabled, Advanced Fraud Protection will cause the three digit security code used for making purchases on-line to change every so often, which protects you if your wag details are compromised by an on-line merchant. Apple says that the feature will not impact recurring purchases and subscriptions. Advanced Fraud Protection can be enabled by opening up the Wallet app, tapping on the Apple Card, tapping on the card number icon, authenticating, and then toggling on the Advanced Fraud Protection choice .
Interest-Free iPhone Payments
Apple Card customers can purchase a fresh iPhone and then pay it off over 24 months with no pastime. It ‘s the lapp cosmopolitan apparatus as Apple ‘s current device payment design options, but integrated into the Apple Card for public toilet with cash back and the option to manage payments in the Wallet app .
The 24-month buy option besides applies to the SIM-free iPhone, allowing the SIM-free iPhone to be paid for in installments, something that was not previously potential with Apple ‘s requital plans .
Interest-Free Payments for Mac, iPad, and More
Apple in June 2020 began offering interest-free monthly episode requital plans for Macs, iPads, AirPods, HomePods, and more. Users can pay for products over time with the Apple Card, and will besides earn 3 percentage Daily Cash for purchases .
The installment plans can be used when checking out on the online Apple Store. Products like Macs and iPads offer 12-month interest-free installment plans, while others, like the The installment plans can be used when checking out on the on-line Apple Store. Products like Macs and iPads offer 12-month interest-free installment plans, while others, like the Apple television receiver, AirPods, and HomePod have 6-month interest-free installment plans. There are no requital plans for Apple Watch or iPod touch, but there are payment options for accessories like iPhone and iPad cases .
For the first few months after launch Goldman Sachs was not reporting the Apple Card to accredit chest of drawers, but that changed in December 2019. Goldman Sachs now works with TransUnion, Experian, and Equifax to report Apple Card information, so Apple Card holders will see Apple Card data on their reports .
At launch, Apple Card did not support exporting data to fiscal apps, but Apple in early 2020 implemented a fresh option for downloading a CSV spreadsheet or OFX data featuring Apple Card transactions for the calendar month. Apple besides supports exporting in Quicken QFX and QuickBooks QBO formats as of May 2020 .
Many financial and budgeting apps support imports, and at the current time, this is the only way to get Apple Card data into a financial app. There is no API for integrating Apple Card with third-party apps at this time.
many fiscal and budgeting apps corroborate imports, and at the current fourth dimension, this is the only way to get Apple Card data into a fiscal app. There is no API for integrating Apple Card with third-party apps at this time. The Apple tease only allows transactions to be downloaded for a full statement, with no option to download holocene activity. Downloads are besides limited to the iPhone because there ‘s no web site designed for the Apple Card .
Virtual Card Numbers for Online Non-Apple Pay Purchases
There are no recognition card numbers or other information on the forcible titanium Apple Card. This datum is alternatively available in the app, leaving some questions about on-line purchases where you much need a number and a CVV .
Apple Card is able to generate virtual card numbers for these kinds of purchases. The Wallet app provides a virtual calling card number and a virtual confirmation code, with the count being semi-permanent and able to be regenerated whenever you want. This information can be used for non-Apple Pay on-line purchases, over-the-phone purchases, and other exchangeable situations .
There is not, however, accompaniment for single-use numbers or single-merchant numbers for having separate card numbers for different merchants. Purchases are besides protected by a erstwhile manipulation active security system code rather than a dogged CVV .
Apple Card Support
Apple Card accompaniment is handled through the Messages app, with support representatives available 24/7. All you need to do is send a textbook, which is a handy direction to interact with support staff .
If you run into an return with a transaction, you can select the transaction and tap on the “ Report an emergence ” option. This lets you provide feedback to Apple if the wrong spend class, merchant name, or location is listed .
It besides provides tools for a Charge Dispute, Unknown Transaction, and other, which will put you in touch with the Apple Card patronize staff .
Apple Card Denials
Apple has a detail support document and web page outlining reasons why people might be declined for an Apple Card, and what can be done about it .
Reasons for denial include depleted credit score, frequent recognition card applications, heavy debt and low income, tax liens, bankruptcy, property repossession, past due debt obligations, a late match account closure by a bank, past ascribable checkup debt, and more .
For those denied, Apple recommends requesting a release credit report and checking for coarse errors that can be disputed if inaccurate .
Apple besides has a “ Path to Apple Card ” program that ‘s designed to help people who have their Apple Card applications declined improve their citation over a four-month period to quality. The program offers suggestions and goals like resolving past due balances, making payments to secured and unguaranteed debt accounts on prison term, and lowering credit card and personal loan debt .
Apple Card Tutorial Videos
Apple has shared a scope of videos on Apple Card apparatus and usage, including making a buy in a shop, making a buy on-line, activating the card, making a requital, getting hold, and more, with a fully number below .
Availability and International Expansion
Apple Card is limited to the United States, but in the future, it could be expanding to extra countries much like Apple Pay has expanded, and Apple is already said to be in talks with european regulators about an expansion in Europe. Apple Card will be able to be used worldwide where Mastercard is accepted .
There ‘s no news on when Apple Card might expand to early countries, but there were signs in 2020 that Apple is working to bring Apple Card to Australia at some point.
The Apple Card Customer Agreement provides extra insight into how the Apple Card works and the terms and conditions of its usage. Details are available on the Goldman Sachs web site. [ PDF ]
The Apple Card launched to a express count of users on August 6, 2019, and rolled out to all iPhone owners in the United States on August 20, 2019 .
Apple Card Features
- Up to 3% cash back
- Daily cash back
- No fees
- Accepted worldwide (wherever Mastercard is available)
- Engraved Titanium physical card with concealed numbers
- Easy sign-up on iPhone
- Spending tracking
- Clear transaction labeling
- Privacy focused
See something we left out of our Apple Card guide or have a interview not answered here ? Let us know in the comments or Send us an electronic mail here .