Eager to get an Apple Card? Invites are now rolling out, at least to some select few.
After CEO Tim Cook announced the Card , Apple on Tuesday began the initial deployment of its new branded credit card, to some of those who signed up to be “notified” that the Card was indeed now available. A larger public launch is due for later this month.
Created in partnership with Goldman Sachs and Mastercard, the Apple Card sees Apple expand into the world of finance. Promising no annual fees, late fees over-the-limit fees. Sign-up and management of the Card are handled through the iPhone’s Wallet app on iOS 12.4, which is also where interested users can apply for the card.
In addition to removing a number of fees, Apple’s cash-back card will offer up to 3% back on purchases made directly from Apple (including digital purchases and subscriptions), 2% cash-back on any purchase made using Apple Pay and 1% cash-back on purchases made with the physical, titanium card.
Cash-back is put back into your account every day through a feature the company calls “Daily Cash,” and can be used to pay down your bill or send to friends through Apple Cash.