Apple Introduces a New Credit Card

Apple has introduced its new innovative credit card dubbed Apple Card, the Cupertino based company has classed it as a new kind of credit card which makes financial life easier for its customers.

According to Apple, the card is built in Apple Wallet App on iPhone, which offers the customers with the familiar experience like Apple Pay and the card can be managed right on the iPhone. Apple Card innovates the entire credit card process by introducing simple application process, eliminating fees, allowing customers to pay less interest and providing more security and privacy.

The Apple card would be available in the US by this summer, Apple has also introduced more compelling rewards program in Apple card with daily cash which gives cash back to customers on every purchase.

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According to Apple’s vice president of Apple Pay, Jennifer Bailey, “Apple Card is designed to help customers lead a healthier financial life, which starts with a better understanding of their spending so they can make smarter choices with their money, transparency to help them understand how much it will cost if they want to pay overtime and ways to help them pay down their balance.”

Apple customers can easily apply for Apple Card in the wallet app, and start using it in stores, in-apps or online worldwide. Apple Card support is also available 24/7 with simple messaging on the phone. The Apple Card has no fees such as; late fees, annual fees or over the limit fees, it also offers less interest as compared to other credit cards in the market. Apple Card has partnered with Goldman Sachs and MasterCard in order to support worldwide acceptability of the card.