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Apple Debuts Apple Card To Transform the Credit Card Experience (venturebeat.com)
An anonymous reader shares a report: iPhone users are already using Apple's Wallet app, Apple Pay, and Apple Pay Cash -- wouldn't they like an Apple credit card, too? The Cupertino company and bank partner Goldman Sachs believe the answer is "yes," so they've teamed up for Apple Card. In addition to offering major rewards for users, the new payment solution promises to improve the credit card experience by offering a healthier approach to spending. The Wallet app will include a more transparent list of transactions, organized in an easy to read format, plus a more flexible way of making payments on outstanding balances.
Apple Card is designed to complement existing Apple-branded payment options, as well as displacing other credit cards that might be in a user's wallet. Though the end goal is to increase Apple's share of the dollars spent by its users, the pinch this time will be felt by rival payment providers, and come with incentives for new card users. Every time you spend with Apple Card, you get 2 percent cash back -- a feature the company calls Daily Cash. Purchases directly from Apple come with 3 percent cash back.
Apple Card is designed to complement existing Apple-branded payment options, as well as displacing other credit cards that might be in a user's wallet. Though the end goal is to increase Apple's share of the dollars spent by its users, the pinch this time will be felt by rival payment providers, and come with incentives for new card users. Every time you spend with Apple Card, you get 2 percent cash back -- a feature the company calls Daily Cash. Purchases directly from Apple come with 3 percent cash back.
would be a bad For the project. Is busy infighting and distraction of the warring ass of them aal, To the crowd in
Uh... you do realize that you're just getting money you didn't have to spend in the first place? This is exactly like allowing your employer to over-withhold your taxes. ...You are literally paying more for things so that Chase/Citi/etc can hold your money until you decide you can retrieve it in some potentially other-than-money fashion that they pay less rates for, so you don't even get all your money back.
Are you female? Because that sounds like female logic.
Let me clue you in. Even if YOU choose not to use a credit card, you're still paying the same price that you would pay with one, other than at merchants who offer a discount for paying cash. Your "I don't use a credit card" virtue signaling just signals that you're a moron for failing to take advantage of the benefits of using the card, while not actually seeing any tangible benefit from doing so - except possibly at a small number of merchants who either do not take cards or offer a "discount" for paying cash.
I go to say, Target, Best Buy, Costco, Walmart, etc. Buy something for $1000. Are any one of them going to knock 3% off the price for paying with cash? No. Are any one of them going to thank me for reducing their costs? No. Should I given up the extended warranty I get by paying with my card? Fuck no.