Apple Card to Lose Magnetic Stripe By 2029

Mastercard last week announced that its cards will no longer be issued with the magnetic stripe by 2029, which will presumably include Apple Card.

apple card 1
The magnetic stripe was an early 1960s technology that allowed card information to be encoded onto magnetic tape that is laminated to the back of a card, paving the way for electronic payment terminals and chip cards. Now, Mastercard is set to be the first payments network to phase out the magnetic stripe.

Starting in 2024, Mastercard credit and debit cards will not be required to feature a magnetic stripe in most markets, including Europe. Banks in the United States will no longer be required to issue cards with a magnetic stripe in 2027. Mastercard expects that the magnetic stripe will disappear in Europe most quickly, where chip cards are already widely used.

By 2029, there will be no new Mastercard credit or debit cards issued with a magnetic stripe, but prepaid cards in the U.S. and Canada will be exempt from this change. By 2033, no more Mastercard credit and debit cards will have magnetic stripes at all, giving the remaining retail partners that still rely on the technology ample time to phase in chip card processing.

The decision comes as consumers have changed their payment habits to prefer newer, more secure technologies. Chip-based cards that feature microprocessors and contactless antennae are now widespread, virtually eliminating the need for the older magnetic stripe technology, which has steadily declined in use in recent years.

apple card front back

The front and rear of ‌Apple Card‌.

As a Mastercard, the ‌Apple Card‌ features a gray magnetic stripe on the rear of the card at the bottom, under the company's specification requirements. According to the current timeframe set out for phasing out the stripe, Apple and its partner Goldman Sachs can start to issue new Apple Cards without the magnetic stripe from 2027. Apple will be obliged to make the change by 2029.

Popular Stories

iPhone 16 Battery Life Feature

iOS 26's New Battery Life Mode Available Only on These iPhone Models

Saturday June 21, 2025 9:02 am PDT by
Last week, we reported that iOS 26 introduces an opt-in Adaptive Power Mode on the iPhone, alongside the existing Low Power Mode. Apple says that Adaptive Power Mode can make "small performance adjustments" when necessary to extend an iPhone's battery life, including slightly lowering the display brightness or allowing some activities to "take a little longer." The full description of...
apple wallet drivers license feature iPhone 15 pro

iPhone Driver's Licenses: These 17 U.S. States Offer Them or Will Later

Thursday June 19, 2025 11:28 am PDT by
In select U.S. states, residents can add their driver's license or state ID to the Wallet app on the iPhone and Apple Watch, providing a convenient and contactless way to display proof of identity or age at select airports and businesses, and in select apps. Unfortunately, this feature continues to roll out very slowly since it was announced in 2021, with only nine U.S. states and Puerto...
ios 26 call holding

iOS 26 Beta is Hiding a New Ringtone — Here's What It Sounds Like

Thursday June 19, 2025 7:25 pm PDT by
Apple is hiding a new ringtone within iOS 26. The new ringtone is an alternative version of the existing Reflection ringtone, which has been the default ringtone since the iPhone X was released in 2017. It was discovered within the code for the first developer beta of iOS 26, but it remains hidden, so you will not find it in the list of ringtones available in the Settings app for now. It...
iPhone 17 Pro Blue Feature Tighter Crop

iPhone 17 Pro Launching in Three Months With These 12 New Features

Saturday June 14, 2025 5:45 pm PDT by
The iPhone 17 Pro and iPhone 17 Pro Max are three months away, and there are plenty of rumors about the devices. Below, we recap key changes rumored for the iPhone 17 Pro models as of June 2025:Aluminum frame: iPhone 17 Pro models are rumored to have an aluminum frame, whereas the iPhone 15 Pro and iPhone 16 Pro models have a titanium frame, and the iPhone X through iPhone 14 Pro have a...
apple watch ultra 2 new black

Apple Watch Ultra 3 Finally Coming After Two-Year Hiatus

Monday June 16, 2025 8:45 am PDT by
Apple will finally deliver the Apple Watch Ultra 3 sometime this year, according to analyst Jeff Pu of GF Securities Hong Kong (via @jukanlosreve). The analyst expects both the Apple Watch Series 11 and Apple Watch Ultra 3 to arrive this year (likely alongside the new iPhone 17 lineup, if previous launches are anything to go by), according to his latest product roadmap shared with...
Wi Fi WiFi General Feature

iOS 26 Adding Two New Wi-Fi Features, Allows AirDrop and AirPlay Alternatives

Saturday June 21, 2025 7:02 am PDT by
iOS 26 is gaining two new Wi-Fi features, including Captive Assist and Wi-Fi Aware. MacRumors contributor Aaron Perris discovered a reference to Captive Assist within the code for the first iOS 26 developer beta, but Apple has yet to enable the feature. It should be available by the time the software update is released later this year. In his Power On newsletter last month, Bloomberg's...
airpods 4 blue

Apple Offering Free AirPods — Here's How to Get Them

Tuesday June 17, 2025 6:33 am PDT by
Apple is running a new promotion that offers free AirPods to qualifying customers. Now through September 30, college and university students in the U.S., Canada, Mexico, and Singapore can receive free AirPods 4 when they purchase an eligible new Mac or iPad from Apple. AirPods Pro 2 are also available at a discount. If you do not want AirPods, the promotion also offers various other...
General Spotify Feature

Spotify Preparing to Launch Long-Awaited Lossless Audio Tier on iPhone

Thursday June 19, 2025 1:46 pm PDT by
Spotify appears to be gearing up to launch its long-awaited lossless music tier. Chris Messina (via TechCrunch) and Spicetify (via The Verge) spotted new lossless references within the code for Spotify's desktop app and web player. With assistance from Aaron Perris, MacRumors has confirmed that the latest beta of the Spotify app for the iPhone also contains new lossless-related code....
iPhone 17 Base Model Rumored to Come in New Green and Purple Colors Feature

iPhone 17 Base Model Rumored to Come in New Purple and Green Colors

Friday June 20, 2025 7:24 am PDT by
Apple is testing new Purple and Green color options for the iPhone 17 base model, according to new information shared by a leaker known as Majin Bu. In a blog post today, Majin Bu said that only one of the two new colors might make the final cut, with Purple apparently being the more likely choice. The base model iPhone 16 is available in five colors: Ultramarine, Teal, Pink, White, and...

Top Rated Comments

madman365 Avatar
50 months ago
Appreciate the heads up. Don't wanna be caught off guard 8 years from now. ;)
Score: 35 Votes (Like | Disagree)
trulsdd Avatar
50 months ago
WHAT? You still use magnetic stripes in the US? Haven't seen one of those in years, let alone used one.
Score: 34 Votes (Like | Disagree)
GubbyMan Avatar
50 months ago

Oh yes. VERY common at gas stations. It's very uncommon for me to use contactless at the pump.
WHAT? You guys still have gas stations? Haven't used one in years. /s
Score: 16 Votes (Like | Disagree)
SkyRom Avatar
50 months ago
2029? Lol. JFK didn't even need that much warning to get us to the moon ?
Score: 16 Votes (Like | Disagree)
MisterSavage Avatar
50 months ago

WHAT? You still use magnetic stripes in the US? Haven't seen one of those in years, let alone used one.
Oh yes. VERY common at gas stations. It's very uncommon for me to use contactless at the pump.
Score: 14 Votes (Like | Disagree)
ghanwani Avatar
50 months ago
Meanwhile, my Visa debit card still has raised lettering.
Score: 14 Votes (Like | Disagree)