Apple Card is here, should you apply?  The short answer is not yet.  After all, Apple Card is just another credit card.   With all the hoorah about the Apple Card, one would think that there is something different about this card compared to other credit cards.  You can compare Apple’s credit card with the best credit cards on this list.

Apple Card is just another credit card in the industry. The sole card purpose is to promote overspending, preferably on Apple products. It provides 3 percent higher cashback on Apple products versus 1 percent on every other purchase. Also, the Apple Card will help widen the stickiness of the company’s ecosystem. One of the requirements to get the card is to own a compatible iPhone with the latest  IOS version.

Requirements

• Be 18 years or older, depending on where you live
• Be a U.S. citizen or a lawful U.S. resident with a U.S. residential address that isn’t a P.O. Box. You can also use a military address.
• own a compatible iPhone with the latest iOS version

 Terms & Conditions

• Annual Fee:  $0
• Signup Bonus:  none
• Cash Back Details: 3% on Apple Products & 1% on everything else
• APR:  Variable APRs range from 12.99% to 23.99% based on creditworthiness
• Credit Agency:  TransUnion

The mission of this website is to promote the financial stability of the middle class.  It will be against our mission to recommend our readers to signup for an additional credit card just because it has a different logo on it.  Credit Cards are one of the most expensive financial products. An Apple logo on it does not change that fact.

If you happen to be on the market for a new credit card, you need to compare financing terms including the annual percentage rate (APR), balance transfer fee and APR, and annual fee.