apple card

Apple Credit Card

A new kind of card launched by Apple not a Bank.

An Apple Special Even on March 25, 2019 brought something new and somewhat unexpected, Apple Card i.e. Apple Credit card. It is developed primarily to use Apple Pay on Apple devices like iPhone and Apple Watch.

Is Barclaycard Visa and Apple Card same?

No, while searching over net you may get confused that both are same which is actually not the case.

Barclaycard Visa with Apple reward is not the same as the Apple Card introduced on March 25, 2019. That card will not be available until Summer 2019.

What is Apple Cash?

When you buy something using Apple Card, you get a percentage of your purchase back in Daily Cash. Not a month from now, but every day. There’s no limit to how much you can get.2 And it goes right onto your Apple Cash card, so you can use it just like cash. For this:

  • An Apple Cash card is required. The Apple Cash card is issued by Green Dot Bank, Member FDIC. See www.apple.com/apple-pay for more information. If you do not have an Apple Cash account, Daily Cash can be applied by you as a credit on your statement balance. Daily Cash is subject to exclusions, and additional details apply. See the Apple Card Customer Agreement for more information.

Partner:

Apple says ”

To create a different kind of card, we worked with a different kind of partner.

Apple will partner with Goldman Sachs to provide the support of an issuing bank and Mastercard to provide the global payments network for the Apple Card.

Though the card is largely virtual, people getting one will also be sent a physical card. It will be made of titanium and have the owner’s name etched into it, Apple said.

It does not have the usual card numbers and other information that is included on a credit card, though that can be found on the phone it is tied to.

Apple Credit Card in Pakistan:

Well, a little wait is required as  It will be available in the United States at launch in the summer of 2019.

 

Its not Apple Gift Card:

A little note to add, Apple launched Apple Gift Card or iTunes card much earlier to facilitate Apple users wants to buy apps, books etc from iTune / App Store. These cards were good for one time usage only.

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