Apple Card may be the right choice for you if you are searching for a new credit cards. Here are some things to remember before you apply. Low credit scores can mean that you may not be approved. Before you apply, remove any credit freezes. Your best chance of approval is to pay your debts. This will increase your credit score. Your income-to-debt ratio should be reduced to make your application more appealing.
No annual fee
If you are looking for a credit card with no annual fees, the Apple Card is a great choice. It doesn't have an additional foreign transaction fee, late payment fee, annual fee or foreign transaction fee. It does not have any surprise fees, reward-redemption fees, or surprise fees. Apple claims that this allows cardholders the freedom to concentrate on paying down balances.
The company will verify your credit before you apply for an Apple Card. For you to be eligible, you need to have a high credit score. If you don't, your application may be denied. In such cases, you will need to request a free copy on your credit report. It is also important to check for potential credit-related errors. You should also check for credit errors if you have recently received a credit freeze.
There are also no-fee cards. Apple Card is the only one that doesn't charge an annual fee. In addition to its no-annual-fee features, this card also offers travel discounts, upgrades, and golf discounts. The card does not provide extended warranties or purchase protection. However, the company offers a Disaster Relief Program for people who have been affected in natural disasters. In addition, the card comes with a 0% interest period for two months. Furthermore, the new iOS 15 update has an added security feature called Advanced Fraud Protection, which is designed to keep your Apple Card information secure. The software will periodically change the 3-digit security code to make it harder for thieves access your account.
No foreign transaction fees
Using an Apple Card means you'll never have to worry about paying foreign transaction fees. Apple's card doesn't charge international transaction fees, and you get 2% back on all purchases, even if they're overseas. You'll get your rewards the next day after the transaction posts.
The Apple Card also doesn't charge any late fees or over-limit fees. The annual fee is $0 The Apple Card calculates your interest amount based upon your payment amount, so unlike other credit cards you won't be charged any interest rates. This feature allows you to pay down your balance sooner.
You must have an iPhone equipped with face ID or fingerprint technology to use the Apple Card. This feature isn't available on older iPhone models, but you can still use an iPhone 5s or 6 to sign up. But early betting suggests that an iPhone 8 and higher is required. If you have an iPhone 7 or 8, you will need to upgrade to a higher model.
Unlimited Daily Cash Reward
With an Apple Card, you can earn Unlimited Daily Cash rewards. Apple Pay can be used to pay for purchases with the daily cash you earn. You can also use it to increase your balance or to send it out to family members and friends. It can be transferred to your bank accounts or on eligible Visa debit cards. The program is completely free for anyone with an Apple device.
The Apple Card offers Daily Cash, which, unlike other cash back credit card, is the amount of cash that accumulates each day in your rewards account. Contrary, cash back credit card offer cash back points and cash back at the end the month. Daily Cash offers cash back that increases with each purchase.
Apple Card offers unlimited Daily Cash Rewards and Unlimited Cash Reward for purchases made through the App Store, online store, or Apple services. You can also earn 3% back from purchases made at select merchants. Daily Cash calculates every day so you can quickly access your cash. Apple Card users will never be subject to a foreign transaction fee or late fee.