Apple Card: All the Details on Apple's Credit Card

Apple in August released the Apple Card, a credit card that's linked to Apple Pay and built right into the Wallet app. Apple is partnering with Goldman Sachs for the card, which is optimized for ‌Apple Pay‌ but will still works like a traditional credit card for all of your transactions.

There's a lot of fine print associated with the new Apple Card, so we've created this guide to provide details on what you can expect when signing up for the card. Apple first made the card available to a select number of customers in early August before opening up the card to everyone later in the month.

How do you get the Apple Card?


Signing up for Apple Card is as simple 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 setup takes just a couple of minutes to set up.

Apple Card in wallet app
Information required includes first and last name, date of birth, phone number, home address, country of citizenship, the last four digits of your Social Security number, and your annual income. Some users may also be asked to scan their driver's license or state ID. There is an issue with the Apple Card right now 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?


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 address (no P.O. Box).

An iPhone running iOS 12.4 or later 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 card stored in the Wallet app for use with ‌Apple Pay‌. You can set it as the default card and use it for in store purchases on ‌iPhone‌ and online purchases on Apple Watch, ‌iPhone‌, iPad, and Mac.

Apple Card on iPhone screen

Using Apple Card for Non-Apple Pay Purchases


If you need to pay for purchases that can't be made with ‌Apple Pay‌, you can use the physical version 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.

Apple Card activation screen
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.

On the ‌iPhone‌ X and earlier, 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 phone call for activation purposes.

The Titanium Apple Card


With Apple Card you can make digital ‌Apple Pay‌ payments, but Apple is also providing a physical card. Since this is a credit card designed by Apple, it is, of course, unique among credit cards.

Physical Titanium Apple Card
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.


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.

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 also 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 also be used on the ‌iPad‌, ‌Apple Watch‌, and the Mac for making purchases and viewing some credit card information.

Adding the Apple Card to ‌iPad‌ can be done via the Wallet & ‌Apple Pay‌ section in the Settings app and the Wallet & ‌Apple Pay‌ section of the My Watch tab 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 "Allow Payments" feature that will let you complete purchases on your Mac using authentication via an eligible ‌iPhone‌ or ‌Apple Watch‌.

Credit Limits


As with any other credit card, there is a credit limit for Apple Card that will vary from person to person. A better credit score means a higher credit limit, and credit limit also increases over time.

Making Payments


You'll be able to pay your Apple Card balance using a linked bank account or Apple Cash in the Wallet app. There is no option to make payments over the web.

Monthly Statements


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.

Multiple Users


There is no option for multiple users or sharing cards at this time. There's one card per person and one card per account, which means spouses and family members cannot share a single Apple Card account.

Fees


Apple says there are no annual fees, international fees, fees for making a late payment 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 "additional accumulating toward your balance." That means making a late payment will not result in penalty rates, aka increased interest rates. You're still going to have to pay interest on the outstanding balance, and a late payment will impact credit score, but interest rates won't increase.

There are no foreign transaction fees, but the exchange rate for foreign transactions is determined by Mastercard.

PIN for International Purchases


The Wallet app does not provide a PIN, which is often necessary when making credit card purchases outside of the United States. There is no PIN support, which means the Apple Card may not be accepted by some international vendors.

Interest Rates


The Apple Card offers an APR between 12.99 percent and 23.99 percent based on your credit score. On the low end, that's lower than the national average APR of 17.67 percent, but it doesn't offer APRs as low as some other credit cards.

Interface showing interest rates for payments
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.

Credit Check


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 option to temporarily release your credit report for a set number of days, which makes it easy to unfreeze and then refreeze your credit. Lifting your credit freeze temporarily is free.

Apple does a soft credit pull when you apply for Apple card so you can see Apple's offer with credit limit and APR. A hard pull happens after you hit the "accept" button.

Credit Ranges


Apple wanted to make the Apple Card accessible to as many people as possible, which means Apple Card partner 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 limits will vary based on credit score, but many people may be able to successfully get an Apple Card.

Rewards System


Apple offers a cash back rewards system for the Apple Card, providing daily cash up to 3 percent. Depending on your particular spending habits, there may be better options available (Apple Card Rewards vs Others).

With Apple Card, you get 1 percent cash back for all of your purchases, which is just okay compared to many other credit cards available. On purchases made with ‌Apple Pay‌, you get 2 percent cash back, a good motivator to use ‌Apple Pay‌ where available.

daily cash back example
For purchases made from the Apple Store (physical or online) you'll get three percent back. This also includes purchases made from the App Store, iTunes Store, and Apple services.

You'll also get three percent back when using the Apple Card with ‌Apple Pay‌ for Uber, Uber Eats, T-Mobile, Walgreens, Nike, and Duane Reade purchases. In the future, Apple also plans to bring three percent cash back rewards to other merchants and apps.

As a holiday bonus, Apple is offering 6 percent cash back on all Apple purchases made through December 31. Items can be purchased from Apple retail stores or the Apple online store using the Apple Card to get the extra cash back.

Daily Cash


One of the perks of Apple Card's rewards system is "Daily Cash," with Apple paying out your cash back bonuses on a daily basis rather than making you wait weeks for them to show up on a statement.

If you've signed up for Apple Cash (the feature that adds an ‌Apple Pay‌ Cash debit card to your Wallet for sending and receiving money from friends) you will get your Daily Cash payouts on your Apple Cash card.

List of daily cash rewards
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


Your Daily Cash balance, which is transferred to your Apple Cash card (essentially an Apple debit card) can be used for ‌Apple Pay‌ purchases, sent to friends or family using the Apple Cash feature in Messages, or transferred over to your bank account.

Apple Cash can be transferred to your bank account at no cost, a process that takes between one and three days. There's also an Instant Transfer feature that will cost one percent of the total money being sent. The Instant Transfer fee has a minimum of $0.25 and maxes out at $10. Transfers can be initiated in the Wallet app after linking a bank account to Apple Cash.

Daily Cash - Returns


If you return a purchase that you made with Apple Card, you will be refunded the purchase 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 also provides weekly and monthly spending summaries, again using the same color coding so you can see what you're spending at a glance.

Example of spending categories
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.

Total balance screen for Apple Card`
Interest charged and Daily Cash earned are also offered up, and users can see PDF statements from past months.

Purchase Notifications


As is the case with many cards added to ‌Apple Pay‌, when you make a purchase with Apple Card, you'll get an instant notification right on your phone. This will let you know immediately if there's a charge that you don't recognize, and there are built-in tools for flagging a fraudulent purchase.

Apple Card unusual spending alert

Clear Transaction Labeling


Apple is using machine learning and Apple Maps to make sure that all of your Apple Card transactions are clearly labeled. If you've opened up a credit card statement and have seen a confusing arrangement of truncated letters and numbers instead of a full merchant name, that's the problem Apple is solving.

List of entertainment spending categories
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.

Payments


Apple Card shows you multiple payment options and it calculates the amount of interest that you'll be paying on different payment amounts in real time. Apple says Apple Card is designed to encourage customers to pay a bit more every month to cut down on interest, and it offers the flexibility to schedule payments in multiple ways -- weekly, biweekly, and monthly rather than just monthly. You can also make a one-time payment if desired.

Payment alert notice
Payments are made by linking a bank account to your Wallet app, 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.

Privacy


As with any credit or debit card added to Wallet, Apple creates a unique 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 one-time unique dynamic security code.

This system means Apple does not know which stores a customer shopped at, what was purchased, or how much was paid.

Goldman Sachs, Apple's partner, can see data for internal reporting purposes, but it cannot be used for external or internal marketing or advertising, and the same goes for any regulatory or operational third-party partner.

Benefits


Because Apple Card uses the Mastercard network for payment processing, it offers benefits available to Mastercard card holders, such as fraud protection, identity theft protection, and a free ShopRunner membership that offers free two-day shipping from some websites.

Other benefits include Mastercard's travel discounts and upgrades, Mastercard's exclusive "special events," Mastercard golf offerings, and home rental discounts via Onefinestay, all of which are available to all Mastercard users. Purchase protection and extended warranties offered by some credit cards as benefits are not available with the Apple Card.

Apple does offer a Disaster 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.

Interest-Free ‌iPhone‌ Payments


Apple Card customers can purchase a new ‌iPhone‌ and then pay it off over 24 months with no interest. It's the same general setup as Apple's current device payment plan options, but integrated into the Apple Card for convenience with cash back and the option to manage payments in the Wallet app.

Credit Reporting


For the first few months after launch Goldman Sachs was not reporting the Apple Card to credit bureaus, but that changed in December 2019. Goldman Sachs now works with TransUnion to report Apple Card information, so Apple Card holders will see Apple Card data on their reports.

Exporting Data


At launch, Apple Card did not support exporting data to financial apps, but Apple in January 2020 implemented a new option for downloading a CSV spreadsheet featuring Apple Card transactions for the month.

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.

Virtual Card Numbers for Online Non-Apple Pay Purchases


There are no credit card numbers or other information on the physical titanium Apple Card. This data is instead available in the app, leaving some questions about online purchases where you often 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 card number and a virtual confirmation code, with the number being semi-permanent and able to be regenerated whenever you want. This info can be used for non-Apple Pay online purchases, over-the-phone purchases, and other similar situations.

There is not, however, support for single-use numbers or single-merchant numbers for having separate card numbers for different merchants. Purchases are also protected by a one-time use dynamic security code rather than a persistent CVV.

Apple Card Support


Apple Card support is handled through the Messages app, with support representatives available 24/7. All you need to do is send a text, which is a handy way to interact with support staff.

If you run into an issue with a transaction, you can select the transaction and tap on the "Report an Issue" option. This lets you provide feedback to Apple if the wrong spend category, merchant name, or location is listed.

It also provides tools for a Charge Dispute, Unknown Transaction, and Other, which will put you in touch with the Apple Card support staff.

Apple Card Denials


Apple has a detailed support document outlining reasons why people might be declined for an Apple Card, and what can be done about it.

Reasons for denial include low credit score, frequent credit card applications, heavy debt and low income, tax liens, bankruptcy, property repossession, past due debt obligations, a recent checking account closure by a bank, past due medical debt, and more.

For those denied, Apple recommends requesting a free credit report and checking for common errors that can be disputed if inaccurate.

Apple Card Tutorial Videos


Apple has shared a range of videos on Apple Card setup and usage, including making a purchase in a store, making a purchase online, activating the card, making a payment, getting support, and more, with a full list below.

Availability


Apple Card is limited to the United States, but in the future, it could be expanding to additional 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.

Customer Agreement


The Apple Card Customer Agreement provides additional insight into how the Apple Card works and the terms and conditions of its usage. Details are available on the Goldman Sachs website. [PDF]

Launch Date


The Apple Card launched to a limited number of users on August 6 and rolled out to all ‌iPhone‌ owners in the United States on August 20.

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

Guide Feedback


See something we left out of our Apple Card guide or have a question not answered here? Let us know in the comments or Send us an email here.


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The Apple Card comes with a Disaster Relief Program, according to a MacRumors reader who lives in Houston and recently experienced some flooding from tropical storm Imelda. Apple sent MacRumors reader Frequeniquity an email suggesting that he apply for the program after Apple detected that he "may have been affected by a natural disaster." Emails sent out by Apple, which were also received by another MacRumors reader, offer the following benefits: No interest for two months, starting with the month you enroll. After two months, your standard purchase APR will apply. You can skip the payment due in the month you enroll. If your account is in good standing, you will remain current while enrolled. If your account is past due, your account will not go further delinquent while enrolled. However, your account will remain paste due until you make all of your past due payments and your ability to make new purchases may continue to be restricted. According to the email sent out to Apple Card users, those interested in applying for the Disaster Relief Program should contact an Apple Card Specialist after receiving an email. Apple appears to be sending out these emails to customers who have addresses registered in areas where a natural disaster has occurred, and presumably this will be a benefit offered to all Apple Card users who are experiencing issues like floods, fires, earthquakes, and other

Apple Card Now Provides 3% Daily Cash When Shopping at T-Mobile

iPhone owners will now be able to use their Apple Card in T-Mobile stores and receive three percent Daily Cash as a reward. The news was announced today by T-Mobile, and is timed to coincide with the launch of the iPhone 11, iPhone 11 Pro, and iPhone 11 Pro Max tomorrow, September 20. The carrier specifically said that shoppers will be able to use their Apple Card with Apple Pay and get three percent Daily Cash at any T-Mobile store. This makes T-Mobile the only current wireless provider to support three percent Daily Cash on the Apple Card. “We’re all about giving customers the best value in wireless, and we’re doing it again by offering 3% Daily Cash on Apple Card,” said John Legere, CEO of T-Mobile. “More options. More value. And cash back, including on Apple’s newest products. It’s just the Un-carrier way.” As of now, Apple Card supports three percent Daily Cash with Apple itself, Uber, Uber Eats, Walgreens, Duane Reade, and now T-Mobile. Apple announced in August, amid the Apple Card launch, that it would be expanding merchant support for three percent Daily Cash, and it has continued to do so over the past few weeks. Apple Card offers three Daily Cash reward tiers: one percent for all purchases made with the physical Apple Card, two percent for Apple Card purchases via Apple Pay, and three percent for these select merchants. You can apply for Apple Card in the Wallet app on iPhone. T-Mobile is also highlighting its current offer where you can trade up and get 50 percent off the iPhone 11 Pro. If you're interested in the iPhone 11, you can also get 50

Apple Card Users Will Receive 3% Daily Cash at Walgreens and Duane Reade Pharmacies Starting Tomorrow

Walgreens today announced that, starting Friday, customers will receive 3% Daily Cash when they use the Apple Card with Apple Pay for all eligible health, beauty, personal care, household, and seasonal products they purchase at Walgreens or Duane Reade pharmacy locations, including medicines and prescriptions. As noted by TechCrunch, the 3% Daily Cash also applies to purchases made in the Walgreens app and on Walgreens.com. Last month, Apple announced that it would extend 3% Daily Cash to more merchants, and the list now includes Uber and Uber Eats, Walgreens, Duane Reade, and purchases made directly with Apple, including at Apple Stores, Apple.com, the App Store, iTunes, and for subscriptions like Apple Music and iCloud storage. All other purchases made with the Apple Card via Apple Pay will continue to receive 2% Daily Cash, while purchases made with the physical, titanium Apple Card qualify for 1% Daily Cash anywhere but Apple Stores. To apply for an Apple Card, simply open the Wallet app on an iPhone running iOS 12.4 or later, tap the plus button in the top-right corner, and follow the on-screen steps. The process takes just a few minutes, and if approved, your digital Apple Card will be ready for purchases immediately. Daily Cash is unlimited and paid out daily to your Apple Cash account. For more details, make sure to check out our Apple Card guide.

Apple Card Found to Contain 90% Titanium and 10% Aluminum

Bloomberg Businessweek sent an Apple Card to University of California, Berkeley professor and mineralogist Hans-Rudolf Wenk to determine the card's atomic makeup. The answer: 90% titanium and 10% aluminum. From the report:But how much titanium? To find out, a Bloomberg Businessweek reporter sent his card to a mineralogist, University of California, Berkeley professor Hans-Rudolf Wenk. Professor Wenk used what's known as a scanning electron microscope, or SEM device, to determine the card's atomic makeup. He found that the answer is about 90%. The rest of the card is aluminum, according to the analysis.Apple previously said the card's white finish is achieved through a "multi-layer coating process" that is added to the titanium base material. In a recent support document, Apple said if the card comes into contact with hard surfaces or materials, it is possible that the coating can be damaged. Apple also said some fabrics, like leather and denim, might cause permanent discoloration on the card that will not wash

Apple Promotes Apple Card in New Ad

Apple this morning shared a new video ad on its YouTube channel, highlighting the Apple Card, which became available for all iPhone users in the United States last week. In the spot, Apple goes over the features of the Apple Card, highlighting the Apple Card interface in the Wallet app. Apple Card is designed to offer up visual spend tracking, changing the color of the virtual card to match the categories that users are spending in. Apple Card is here. It's a new kind of credit card, created by Apple, not a bank. With a better way to track where you spend. Daily Cash you get back every day. And a new level of privacy and security. Nice.The ad shows off both the physical titanium card that can be used for in-store purchases and the Apple Card in the Wallet app, used for Apple Pay purchases. Apple is likely to begin showing this ad on television, social media, and other locations in the near future in an effort to get additional users to sign up. Apple Card is designed to simplify the credit card experience, offering up clear spend tracking and payment options to minimize the amount of interest spent. It offers cash back rewards that max out at 3 percent, and rewards are provided on a daily basis through Daily Cash. For more on Apple Card, make sure to check out our full Apple Card guide.

Apple Shares Details on Cleaning and Protecting Your Apple Card in New Support Document

Apple this morning shared a new Apple Card support document, which covers proper cleaning and storage methods to maintain the card's signature white finish. If the Apple Card gets dirty, Apple recommends gently wiping it with a soft, damp microfiber cloth. A soft microfiber cloth moistened with isopropyl alcohol can also be used for stain removal. Apple says that household cleaners, abrasives, solvents, ammonia, aerosol sprays and compressed air must be avoided, and warns that some fabrics, such as leather and denim, have the potential to cause permanent discoloration. Due to the multi-layer coating process that gives the titanium card its white finish, Apple has detailed rules for proper storage. The Apple Card should be stored in a wallet, pocket, or bag constructed from soft materials, and it should not touch another credit card because doing so could cause scratching. Apple also warns against putting the Apple Card near magnets because doing so could cause the magnetic strip to become demagnetized, and Apple also says that the Apple Card should not be put in a pocket or bag that contains loose change, keys, or other potentially abrasive objects. Apple's full list of instructions for the Apple Card can be found in the support document. Additional Apple Card details are located in our Apple Card guide.

Apple Card Just Got an Official Twitter Account

Apple has just launched an account on Twitter dedicated to its new credit card, which went live for customers in the U.S on Tuesday. The official account, which goes by the handle @AppleCard, has so far only posted one tweet that links to the company's Apple Card webpage. It's not yet clear what purpose the account will serve beyond promoting the card and future offers on social media, but Apple is advising customers seeking support-related Apple Card questions to contact @AppleSupport. Apple yesterday announced that customers will receive three percent Daily Cash when they use the Apple Card with Apple Pay for Uber and Uber Eats purchases. Apple says additional merchants and apps will begin to offer three percent Daily Cash in the coming months. Apple offers a cash back rewards system for the Apple Card, providing Daily Cash up to 3 percent. You get 1 percent cash back for all of your purchases. On purchases made with Apple Pay, you get 2 percent cash back, and for purchases made from the Apple Store (physical or online) you'll get three percent back. This also includes purchases made from the App Store, iTunes Store, and Apple services. 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 address (no P.O. Box). An iPhone running iOS 12.4 or later 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. Check out our dedicate

Apple Card Extending 3% Daily Cash to More Merchants, Starting With Uber and Uber Eats

Timed with the Apple Card launching widely in the United States today, Apple has announced that customers will now receive three percent Daily Cash when they use the Apple Card with Apple Pay for Uber and Uber Eats purchases. Apple says additional merchants and apps will begin to offer three percent Daily Cash in the coming months. The three percent reward was initially limited to purchases made directly with Apple, including at Apple Stores, Apple.com, the App Store, the iTunes Store, and for services like Apple Music and iCloud storage subscriptions. All other purchases made with the Apple Card via Apple Pay will continue to receive two percent Daily Cash, while purchases made with the physical, titanium Apple Card qualify for one percent Daily Cash. To apply for an Apple Card, simply open the Wallet app on an iPhone running iOS 12.4 or later, tap the plus button in the top-right corner, and follow the on-screen steps. The process takes just a few minutes, and if approved, your digital Apple Card will be ready for purchases immediately. Daily Cash is unlimited and paid out daily to your Apple Cash account. For more details, make sure to check out our Apple Card guide.

Apple Card Now Available to All Customers in United States

Apple Card, the Apple-branded credit card that Apple is launching in partnership with Goldman Sachs, is available for everyone in the U.S. starting today following a preview period that launched a few weeks ago for some customers. Potential customers can apply for the Apple Card using the Wallet app, and after approval, can begin using the digital portion of the card for online and Apple Pay purchases immediately. Apple Card availability is subject to approval, and customers need to qualify for Apple Card similar to any other credit card. Apple Card offers an APR between 12.99 and 23.99 percent based on credit score. Apple will ship a physical titanium credit card to Apple Card users within a few days, providing an actual card for traditional credit card purchases. The titanium card is engraved with the cardholder's name, but features no card number, expiration date, or CVV for privacy purposes. This information is still available, but it is accessible through the Wallet app. The card features a traditional magstripe along with a built-in chip for making purchases within stores. Apple Card can be used for both standard purchases and Apple Pay purchases, with Apple providing rewards for both. Customers will get 3 percent cash back for purchases made at an Apple Store, 2 percent cash back for all Apple Pay purchases, and 1 percent cash back for all other purchases. Cash back is provided in the form of "Daily Cash" that, as the name suggests, is paid out to customers on a daily basis. Daily Cash is added to the Apple Cash card in Wallet and can be