Apple Card – Is it Too Good to be True?

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hey guys have you seen the new Apple card it was featured in the recent Apple event and it's coming this summer so what's so special about this Apple card because after all isn't it just like Apple pay but there's a physical card and sure it's a titanium card so that's pretty impressive but there are some special features to this Apple card that are worth noting now to start with Apple isn't a bank as so that's a plus and they're really pushing the privacy aspects of the Apple card so rather than have a credit card number on the credit card it's actually maintained by the phone so it's a randomly generated number and you need your phone to verify purchases so it still seems a little bit like Apple pay but it does have the features of a credit card and one of the best features of the Apple card is that you get cash back now if you purchase something from the Apple Store or App Store or any Apple product at all you can get a 3% cash back on purchases and purchases from stores that take Apple pay give you a 2% cash back and even stores that don't support Apple pay you'll still get one percent cash back now the cash back isn't like any other reward you actually get paid in cash daily so it goes into your cash account and that cash account can be used to pay a few credit card to send to a friend via text message or simply spend in another transaction so that's pretty cool now the card itself is made of titanium and it's etched Titanium's so it's got that shiny Apple feel to it and it will be a status symbol for sure when you whip one of these out to pay for your groceries so it's the Apple card a game changer well they would like to think so and to be honest it's not a bad product given the fact that there is no fees now as you'd expect the credit card is a link to an app within the phone so you're gonna be able to manage your expenses more readily and you can see things like how you spend money and you can see where you've spent the money and when you're paying the money back rather than just pay a small amount the Apple card app will show you how much interest you'll actually save if you pay a little bit more so that's a pretty cool feature and one of the other features is identifying the transactions you've made so with the applecart app you can click on the transaction and it will take you to a map showing you exactly where that purchase was made and every purchase that you make you'll get notified in the app on your iPhone iPad or even iWatch and one of the major selling points of the Apple card is they don't have fees like other credit cards so there's no annual fees no cash advance fees no international fees no over the limit or return payment fees and best of all there's no other hidden fees so that's a big plus and I think that'll get a lot of people on board because if there's no annual fee well why wouldn't you have an Apple card anyway let me know in the comments below what you think about the Apple card and whether you think you might get one when they come out this summer and as always don't forget to Like and subscribe until next time it's bye for now [Music]

 

 

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