Why YOU Need an Apple Card in 2024

Is it still not available in the UK ? 🤔

So many vendors are now charging the surcharge for credit cards, so cash becomes more of a thing. So not on the pulse

Greg - can you elaborate on what happens when Goldman and Apple break up? I am a concerned current card holder and use the card as my default for personal use. One major not good was that I was not able to automatically download transactions to Quicken as I do with my several Chase Bank and Credit Cards (last time I tried a couple of years ago).

Ya I have one and I use it and pay off before the month

They won't give it to everyone 😢 not everyone has it like you do I have 8 credit card which are paid off I tried to get it and Apple wouldn't give it to me when they made the card they said it was for everyone but they made it out of reach for people like me my credit score is in the 600's and also not everyone can afford to pay in full so yeah thanks for bragging again lol

CapitalOne has been paying out cash back as soon as the transaction clears before the Apple Card.

Sofi is better.

Unfortunately apple card not available outside USA even apple pay is not available in my country

It's not the best card for consumers, I'm not telling you an opinion I'm telling you a fact. Extremely uncompetitive cashback percentages, no special offers for traveling or shopping, and they're giving the card out to people who shouldn't have it or aren't qualified. Besides, Besides being titanium and having unique software experience, it's not really that impressive. I feel bad for someone if this was their only credit card.

I really like my Apple Card too. As a word of warning you can’t have a joint high savings account. So if disaster strikes and you are unable to access your account (dead phone or YOU are dead) it could be a challenge for your family to access the money.

Greg when you said you deposited $20K into account I felt both a thrill and my stomach drop. 😅

Sadly it is not available in the uk😢

Is it just in the us 🇺🇸? Cos I can’t see it in the uk 🇬🇧 wallet app

Why you DON’T need an Apple Card in 2024:

Don’t go into debt just for brand loyalty guys, I personally love my iPhone 15 pro max and my Apple TV 4K and my Apple Watch SE Gen 2, BUT, a TECH company has NO BUSINESS being in the financial sector, also there are tons of credit cards with way better rewards and much more value than this, plus the Apple Card could implode at any moment

I’ve had my Apple Card since August of 2022. I now have a $4,750 credit limit I do like the card and it has a lot of great perks especially for Apple Pay. I do wanna be able to maximize the earnings and I haven’t paid no interest on the card at all either since I pay the balances off in full even though I have to break it up in pieces with other bills and the savings account is nice as well but I don’t use it that much.

with 5.25% apy is provided by Robinwood. only downside is that it requires a gold membership with a fee of 8 dollars per month. so any money less than 5000 dollars, apple saving is a better choice.

I don't understand how these credit card companies choose to reward people with excellent credit with high APR rates. I've had my Apple Card since day one and I my credit is in the 800s. But yet my Apple Card rate has always been something stupid like 22%. Only reason I have and use it is when I go out to eat. I use my Apple Card to pay because I never worry about someone copying the number from my card because there aren't any numbers. Otherwise my fancy metal white credit card would be useless to me.

There are much better 2% cards and 5% higher yield savings. The only reason for this card is the convenience of them linked together.

I love the Apple Card! I use it for all my daily purchases and pay it off in full, and use the cash back rewards to pay off other stuff. Hopefully they find a new bank to partner with so the card sticks around.

It’s 4.35% now!

I have both the Apple Card and use the savings account. The savings account is also free of any fees and allows unlimited free withdrawals each month. I don't withdraw. 👍 My iPhone is now my bank.

27% apr? Mine is a miniscule 16.24% LOL

Maybe they should have rolled it out to more countries than JUST THE U.S. ? Then maybe it would have been more profitable for the partnered banks.Not that I would have got one anyway.

Great video. Wish I could apply for an Apple Card

I disagree with the statement that it’s not someone’s fault if they don’t know how interest and credit card work. It’s entirely their fault they if they have access to the card documentation and the internet, where they can easily learn.

The Apple card rewards and interest rates aren't that competitive. If Goldman Sachs isn't making money, they must be handing out credit to those that aren't worthy of it. My PNC Visa has better rewards. I use different cards at different places.

Brit here. I am sad. So very sad. 😕

Wish we had it in Switzerland, but obviously with the amount of banks we have here and how much money they would lose they are completely blocking Apple from doing it

This is exactly what i am doing. I use CIT Bank as they are giving 4.95% right now, and it’s 100% risk free. Literally free money that i don’t have to do anything extra to earn.

Great video. I love how the Apple Card shows you how much more interest you’ll pay the more you don’t apply to the principal.

My late parents were depression era children. They would lead by example.

Although progressive, when it came to money, they were extremely conservative. Would always pay off credit cards in the full amount every month. Never lived beyond their means.

When I first started out on my own I had to learn the lessons of living beyond my means. Then seeing interest on my credit card payments being money that I was just flushing down the toilet. So it took me a few years until all of my credit cards where paid off, and I could budget to pay them off each and every month.

No customers like me may be the reason Goldman Sachs is looking to get away from being the bank behind the Apple Card. Thing that they now have to look at is after Goldman Sachs and Apple started the savings program. A vast amount of money has now moved over to those savings accounts. Now does Goldman Sachs just want to see all of that money move to another financial institution? I think Goldman Sachs is going to take a second look at this.

Yes I have the physical card, which I have never used and actually do not carry with me. Will always use Apple Card via Apple Pay "Tap to pay". The money from cash back goes directly into Apple Savings.

Yes the Apple Card, and Apple Savings is a KISS solution for us normals.

word is chase is going to take over for goldman, since chase already handles a lot for apple. So im keeping my apple card. It's been the best one i've used to date.

I wish it would be available in Germany😢

This also why Goldman Sachs is leaving the card. They lost A LOT of money with it

Goldman Sachs dropped Apple last month because the Apple Card isn't profitable, so that definitely means it's the best card for consumers.

Unfortunately I don't see the apple card existing long-term if it continues to unprofitable for whatever banks partners with Apple.

How can you recommend anything by Apple after they banned free speech and 2nd amendment purchases etc? Now these banks want to monitor gun and gun supply sales. So Seriously?

It’s been the easiest & highest interest cc I have BUT has a very low limit. Can’t even buy an iPhone 😂 denied limit increases. They even denied my wife who has better credit & less debt. Weird

I have it and love it! I just worry about the future of the Apple Card and its rewards as Apple part ways with Goldman Sachs.

Can someone outside the US sign up for the apple credit card ?