Apple Credit Card Launched For Mobile Users
NEWYORK, 7th Aug 2019-- iPhone maker Apple launched its own credit card, designed primarily for mobile users.
Apple announced the card in March in a partnership with Goldman Sachs. On Tuesday, some iPhone users who requested a notification about Apple Card will get invites to apply through Apple's Wallet app.
The company plans to expand sign-ups more broadly in the coming weeks. The card is available only in the US.
The company promises quick sign-ups and the elimination of most fees. Customers typically get 2 percent cash back when using Apple's app to pay. Industry experts, though, say that the financial benefits of Apple Card mirror many of those already out there for consumers.
What sets Apple Card apart from other cards is its reliance on the iPhone. Though customers can...