Apple Card may be the right choice for you if you are searching for a new credit cards. Here are some things to remember before you apply. You might not be approved if you have a poor credit score. You must get rid of any credit freezes on your account before you apply. Your best chance of approval is to pay your debts. This will increase your credit score. Also, reduce your income to debt ratio to make you application more attractive.
No annual fee
If you are looking for a credit card with no annual fees, the Apple Card is a great choice. It does not have an annual fee. There are no foreign transaction fees or late payments. There are no surprise fees and reward-redemption fees. Apple claims that this allows cardholders to focus on their balances.
The company will verify your credit before you apply for an Apple Card. You should have a good credit score to qualify, but if you don't, you may be denied. In such cases, you will need to request a free copy on your credit report. It is also important to check for potential credit-related errors. If you've recently gotten a credit freeze, it's best to unfreeze it first before applying for an Apple Card.
Other no-fee credit card options are also available. The Apple Card is one of the few that doesn't require an annual fee. This card does not require an annual fee and also offers travel discounts, upgrades and golf discount. It doesn't offer purchase protection, extended warranties, or any other type of warranty. However, the company offers a Disaster Relief Program for people who have been affected in natural disasters. In addition, the card comes with a 0% interest period for two months. The new iOS 15 update includes an additional security feature called Advanced Fraud Protection that is designed to protect your Apple Card information. The software will update the three-digit security code every other day, making it harder for thieves to gain access to your account.
No foreign transaction fees
You don't need to worry about international transaction fees when you use an Apple Card. Apple's credit card is free from international transaction fees. In addition, you will receive 2% on all purchases, regardless of whether they were made overseas. Your rewards will be sent to you the day after your transaction has been processed.
Apple Card doesn’t have late fees. It also charges a $0 annually fee. And unlike most credit cards, there is no interest rate. Instead, the Apple Card will calculate your interest amount using your payment amount. This feature allows to you to pay off your balance faster.
You must have an iPhone equipped with face ID or fingerprint technology to use the Apple Card. This feature isn’t available on older iPhones models. However you can still use an iPhone 5s/6 to sign up. Early betting suggests that you will need an iPhone 8 or greater. If you have an iPhone 7 or 8, you will need to upgrade to a higher model.
Unlimited Cash Rewards
You can get unlimited daily cash rewards with an Apple Card. You can use the daily cash you earn to purchase Apple Pay products. You can also put it toward your balance and send it to friends and family. You can even transfer it to your bank or any Visa debit card. Anyone with an Apple device can access this program for free.
The Apple Card offers Daily Cash, which, unlike other cash back credit card, is the amount of cash that accumulates each day in your rewards account. Contrary to other cash-back credit cards, the Apple Card gives you cash or points at the end each month. Daily Cash gives you cash back every day, as long as you make purchases.
Unlimited Daily Cash rewards on Apple Card are available on purchases made on Apple's online store, App Store, and Apple services. Additionally, select merchants offer a 3% rebate on your purchases. And because Daily Cash is calculated every day, you can easily get access to your money without any hassle. Apple Card holders will never be charged late fees or foreign transaction fees.