Apple Card Review – Does It Live Up To The Hype?

The Apple Card has been touted as a revolutionary new product, offering consumers innovative financial services and features. It is the first credit card to be released by Apple Inc., and its launch was met with much fanfare from both industry professionals and regular customers alike. This article will review the features of the Apple Card in order to determine if it lives up to the hype that surrounds it.

The most significant feature offered by the Apple Card is its integration into the broader range of products developed by Apple Inc. The card can be used within their existing payment systems such as Apple Pay, iTunes, App Store and iCloud storage. Furthermore, customers are able to use an iPhone application in order to track spending and view transactions made using the card.

In addition, Apple also touts various security measures taken to ensure customer safety when using their cards. These include biometric authentication on iPhones, 24/7 fraud monitoring service provided by Goldman Sachs (the company which issues this card) and a built-in virtual assistant for money management. This article will evaluate these features along with other aspects of the card such as fees, rewards programs and customer support in order to provide an accurate assessment of whether or not this product lives up to the expectations placed upon it.



Apple Card is a credit card that has been developed and issued by Apple Inc. in collaboration with Goldman Sachs. It was launched in the United States on August 8th, 2019 as an addition to its range of digital payment products. This new offering provides customers with access to various rewards programs, interest rate options, and personalized financial advice. The goal of this product is to provide a more convenient and secure way for consumers to manage their finances through their iPhones or devices compatible with Apple Pay.

The main feature of the Apple Card is its “Daily Cash” program which gives users cash back on purchases made using the card at certain retailers. In addition, it also offers other benefits such as no late fees or annual membership fees, simplified budgeting tools, and fraud protection services. While these features are attractive, many have questioned whether they live up to the hype surrounding them.


Benefits And Features

Transitioning from an overview of Apple Card, the subsequent section focuses on benefits and features. This credit card offers a range of advantages to its users including:

  1. Low interest rates – The annual percentage rate (APR) for purchases is 13.99%. For cash advances, it jumps up to 24.99%. In comparison to other cards on the market, these numbers are quite low.
  2. No late fees or foreign transaction fee – Late payments will not incur additional charges nor will using the card abroad as there is no foreign transaction fee associated with international usage.
  3. Cashback rewards – A major perk of this card is that it provides 3% cash back when purchasing items directly through Apple stores such as iTunes and App Store downloads; 2% when making payments via Apple Pay; and 1% when utilizing physical branches or ATMs to pay via the app or website.

The physical design also stands out due to its laser-etched titanium construction which creates a sleek look while protecting against wear and tear, making it highly durable in comparison to traditional plastic cards. Additionally, each purchase made can be tracked easily within the Wallet app providing customers with real-time transactions history data along with clear categorization for budgeting purposes.

Overall, the Apple Card appears to provide some attractive features ranging from low interest rates and no foreign exchange fees, to rewarding cashback incentives designed specifically for those who make frequent use of their products and services . With its modern design aesthetics coupled with enhanced financial tracking capabilities, this product has certainly generated plenty of hype since its launch date earlier this year.


Fees And Interest Rates

The Apple Card offers no annual, late payment or international transaction fees. This is beneficial for those who may be charged a monthly fee for other credit cards and save them money in the long run.

Apple Card Other Credit Cards
Annual Fee None  Varies 
Late Payment Fee None  Usually Charged
International Fees None  Varies 

In terms of interest rates, the Apple Card has one of the most competitive APRs on the market – typically ranging from 12.99% to 23.99%. As opposed to other cards that offer lower introductory rates but then raise them after a certain period of time, the Apple Card’s APR remains fixed and does not change over time. This makes it easier to plan how much you will need to pay each month as your interest rate won’t suddenly increase unexpectedly.
Overall, the combination of no additional fees and competitive interest rates make the Apple Card an attractive option for anyone looking for a reliable credit card.


User Experience

The user experience of Apple Card is generally positive. It offers a simple and straightforward setup process, which can be completed in just minutes. The simplified interface allows users to easily access their account information and view spending summaries. Additionally, the color-coded categories help organize expenses better than other credit cards. Furthermore, the card’s physical design exudes luxury with its titanium body and laser-etched name on the front.

In terms of features, there are several benefits associated with using Apple Card:

  • No annual fee or foreign transaction fees
  • Cashback rewards for eligible purchases
  • Access to exclusive discounts through Partner Merchants
  • Ability to manage payments within Apple Wallet
  • Daily cash feature that provides 3% back when making purchases from select merchants

Overall, Apple Card has been well received by customers due its attractive design, intuitive interface and beneficial features. Its lack of hidden fees makes it an attractive option for those looking for a reliable and affordable way to pay bills or make purchases online or in person.


Pros And Cons

The Apple Card has many benefits, making it appealing to customers. It offers a relatively low interest rate and cash back rewards in the form of Daily Cash, which can be used for purchases or deposited into a user’s bank account. Additionally, users have access to an intuitive mobile app that helps them manage their spending. Furthermore, there are no fees associated with this card, including annual fees or foreign transaction fees.

On the other hand, some drawbacks exist when using an Apple Card. For instance, its customer service is limited since users can only contact support via text message on their iPhone device. Additionally, the lack of physical stores means that those who prefer face-to-face interactions may find themselves out of luck if they need help from a representative. Finally, while the promotional 0% APR period does last for up to 18 months after opening the account, any balance remaining at the end of that period will incur regular interest charges.

Overall, the Apple Card appears to offer several advantages over traditional credit cards but also has some downsides as well. Whether these pros outweigh the cons depends on each individual’s preferences and needs when deciding upon a credit card product.


Is It Worth It?

The Apple Card has been highly praised for its innovative technology, customer service, and rewards program. However, the card does come with a few drawbacks which should be considered when deciding if it is worth getting.

One potential issue is that the Apple Card’s rewards are limited to purchases made through Apple Pay or at certain retailers. This can limit how much an individual can use their card and thus reduce potential savings. Additionally, the APR (annual percentage rate) on the Apple Card may be higher than other cards depending on credit score and personal circumstances. Finally, since this is a new product from Apple there have been reports of glitches in its operation as well as occasional issues with customer service.

All things considered, whether or not it is worth getting an Apple Card depends heavily on one’s spending habits and financial goals. Those who spend frequently using Apple Pay or shop often at select stores could benefit significantly from taking advantage of the rewards offered by the card; however those who do not meet these criteria might be better off choosing another option.



The Apple Card is a relatively new offering from Apple that has caused quite the stir with consumers. It provides users with unique benefits, features and user experiences that set it apart from other credit cards available on the market. The fees and interest rates associated with the card are competitive and reasonable for most people’s needs.

Overall, the Apple Card is an attractive option for many people looking to enhance their purchasing power or improve their credit rating. With its low fees, generous rewards program, no foreign transaction fee and high customer satisfaction rate, it offers many advantages over traditional banking products for those who qualify for approval. Additionally, its integration into the Apple Pay system makes using this card even more convenient than ever before.

The Apple Card appears to be living up to expectations as one of the best credit cards currently available on the market today. While there may be some drawbacks such as higher-than-average interest rates and limits on cash back rewards depending upon usage patterns, these do not appear to outweigh overall value provided by cardholders. As such, it can be said that this product is likely worth considering if you are in need of a new form of payment but don’t want to pay too much in annual fees or interest charges.

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