Apple Card Extending 3% Daily Cash to More Merchants, Starting With Uber and Uber Eats

Timed with the Apple Card launching widely in the United States today, Apple has announced that customers will now receive three percent Daily Cash when they use the Apple Card with Apple Pay for Uber and Uber Eats purchases.


Apple says additional merchants and apps will begin to offer three percent Daily Cash in the coming months.

The three percent reward was initially limited to purchases made directly with Apple, including at Apple Stores, Apple.com, the App Store, the iTunes Store, and for services like Apple Music and iCloud storage subscriptions.

All other purchases made with the Apple Card via Apple Pay will continue to receive two percent Daily Cash, while purchases made with the physical, titanium Apple Card qualify for one percent Daily Cash.

To apply for an Apple Card, simply open the Wallet app on an iPhone running iOS 12.4 or later, tap the plus button in the top-right corner, and follow the on-screen steps. The process takes just a few minutes, and if approved, your digital Apple Card will be ready for purchases immediately.

Daily Cash is unlimited and paid out daily to your Apple Cash account. For more details, make sure to check out our Apple Card guide.


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Apple Card Now Available to All Customers in United States

Apple Card, the Apple-branded credit card that Apple is launching in partnership with Goldman Sachs, is available for everyone in the U.S. starting today following a preview period that launched a few weeks ago for some customers.

Potential customers can apply for the Apple Card using the Wallet app, and after approval, can begin using the digital portion of the card for online and Apple Pay purchases immediately.


Apple Card availability is subject to approval, and customers need to qualify for Apple Card similar to any other credit card. Apple Card offers an APR between 12.99 and 23.99 percent based on credit score.

Apple will ship a physical titanium credit card to Apple Card users within a few days, providing an actual card for traditional credit card purchases. The titanium card is engraved with the cardholder's name, but features no card number, expiration date, or CVV for privacy purposes.


This information is still available, but it is accessible through the Wallet app. The card features a traditional magstripe along with a built-in chip for making purchases within stores.

Apple Card can be used for both standard purchases and Apple Pay purchases, with Apple providing rewards for both. Customers will get 3 percent cash back for purchases made at an Apple Store, 2 percent cash back for all Apple Pay purchases, and 1 percent cash back for all other purchases.


Cash back is provided in the form of "Daily Cash" that, as the name suggests, is paid out to customers on a daily basis. Daily Cash is added to the Apple Cash card in Wallet and can be used for purchases, sent to friends, or transferred to a bank account.

Apple Card is deeply integrated into the Wallet app and Apple is offering spend tracking and budgeting tools. Color-coded categories will give users an idea of how much money they're spending on food, activities, shopping, health care, entertainment, and more.


Apple will send notifications every time a purchase is made so users can monitor for fraudulent activity, and Apple is using machine learning and Apple Maps to make sure every single transaction made is clearly identified.


The Wallet app also helps out with payments, offering up multiple payment options and ways to minimize interest through higher, more regular payments. Apple Card will encourage customers to pay a bit more than the minimum each month to cut down on interest fees. Payments can be scheduled weekly, biweekly, and monthly, and can be made using a bank account just like any other credit card.


Apple Card is limited to the United States at the current time, but may expand to additional countries in the near future. Apple is already in talks with European regulators, and has trademarked Apple Card in Europe, Hong Kong, and Canada.

Apple Card is a no fee credit card. There are no annual fees, international fees, fees for making a late payment, or fees for exceeding your credit limit, which means there are no penalty rates for missing a payment. For more details on the Apple Card, make sure to check out our Apple Card guide.


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Apple Details Why Some Apple Card Applicants Might Get Declined

Apple last week announced an Apple Card Preview period and has since been rolling out Apple Card availability to many iPhone users ahead of a wider launch.

Apple aimed to make the Apple Card available to as many people as possible and there have been reports of people with credit scores in the 600s being approved, but there are still reasons why someone might get denied.


In a new support document shared today, Apple outlines the various reasons why someone might be declined, including low credit score, frequent credit card applications, heavy debt and low income, tax liens, bankruptcy, property repossession, past due debt obligations, a recent checking account closure by a bank, past due medical debt, and more.

Apple's support document has a detailed list of explanations for those who were declined, and when you apply for Apple Card, if you are declined by Goldman Sachs (Apple's partner) you'll get a reason why so you can cross reference it here for more information.


The document also explains how credit scores are determined (debt payments, hard credit inquiries, debt level, credit age, open loans, and more), and it details how customers can get a free credit score copy and dispute errors with TransUnion if mistakenly declined for a card. Apple recommends customers check for common errors that can be included in a credit report if there's an issue.

For customers who were declined because their identity could not be verified, Apple offers several recommendations such as verifying that application info is accurate and making sure ID scans (when requested) are clear and include an ID that's not expired and with a last name that matches the application.

When requesting an Apple Card, Goldman Sachs does a soft credit check that does not impact your credit score. Being declined or declining Apple's offer will not require a hard inquiry, which is only done when you actually accept the Apple Card.

Apple says that credit limit is determined by income and minimum payment amounts associated with existing debt, which is used to assess ability to pay.

Right now, Apple Card is limited to customers who have received an invite from Apple, but Apple appears to be sending out quite a lot of invitations to those who have signed up to be notified about Apple Card on the Apple Card website. A wide release for Apple Card could come in the next few weeks.

For more on how Apple Card works and what you can expect, make sure to check out our detailed Apple Card guide.


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PSA: Apple Email Asks Users Who Signed Up for Apple Card Invite to Provide Correct Apple ID, Even if They Did Already

Apple customers who registered their interest in gaining early access to Apple Card were left confused last night after receiving an email from Apple asking for their Apple ID, despite having already provided it.


Since early August, Apple users have been signing up on Apple's website to be notified early about the release of Apple Card. Apple has since sent out email invitations for an "Apple Card Preview" to some of those customers. However, it looks as though an error has cropped up in Apple's invite system as the second wave of customers starts to be processed.

The latest Apple email sent out to customers claims that their "early-access invitation is waiting," but that the email address they used when they originally signed up for an Apple Card invite doesn't match an existing Apple ID on record. The message reads:
You wanted to be one of the first to get Apple Card — a new kind of credit card created by Apple, not a bank. Good news: Here's your chance to experience Apple Card before everybody else, so you can help us get ready for the public launch. Your early access invitation is waiting, but we need your Apple ID to send it. The email address you provided does not match an Apple ID signed in to iCloud. Just complete a few simple steps so we can send your invitation.
The email then provides steps for the user to check their Apple ID on iPhone and re-enter it at www.apple.com/apple-card to ensure they get notified, after which "invitations may take up to 48 hours to arrive." While it's important to stay vigilant and report phishing attempts to Apple, in this case the "Notify Me" link provided in the email checks out and the raw email headers show the sender address is genuinely from Apple.

There are multiple reports on Reddit of people receiving the email who are 100 percent sure they signed up with the correct Apple ID email address. MacRumors also received the email – we're also very confident the right address was used – which suggests an erroneous communication has been sent out to hundreds, if not thousands of users, causing initial excitement swiftly followed by bemusement.


Several users have contacted Apple Support, who are apparently aware of the issue and it has been forwarded to the Apple Card engineering team. But it's worth noting that some users may have also received the email for the right reason – because they didn't use the email address associated with their Apple account.

Needless to say, if you did sign up for the Apple Card invitation, make sure you used the proper Apple ID email address. If you can't remember whether you did or not, consider signing up again. Otherwise, it could delay your invitation by a few days.

Once customers receive their actual email invitation to the Apple Card Preview, they can sign up for Apple Card in the Wallet app on the iPhone or by going to Settings > Wallet & Apple Pay on the iPad.

Apple Card is limited to the United States at the current time, but may expand to additional countries in the near future. Apple is already in talks with European regulators, and has trademarked Apple Card in Europe, Hong Kong, and Canada.


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Hands-On With Apple Card

Apple last week began allowing some iPhone users to sign up for Apple Card as part of a limited test ahead of a wider launch, and we got our hands on one of the new cards.

In our latest YouTube video, we highlight the Apple Card sign up process, how it works, what it looks like, and how the titanium card feels in person for those who haven't yet had a chance to sign up.

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Apple Card, which Apple created in partnership with Goldman Sachs, is a credit card that's designed to be simple, straightforward, and easy to use, making it ideal for those who are new to credit cards or who are looking for something no-frills that's easy to understand.

Signing up for Apple Card can be done in the Wallet app, and the entire process takes just a couple of minutes from the time that you enter your name, address, and other info to approval or rejection.

Your APR (interest rate) and your credit limit are based on your credit score, and Apple is aiming to make the Apple Card available to most people so even those with scores in the 600s have reported being approved.

Once you've signed up for Apple Card, you can use it right away for Apple Pay purchases both in stores and online because it's deeply integrated into the iPhone. It works like any other credit card you've added to Apple Pay. At the same time, Apple sends you a physical titanium card in the mail that can be used where Apple Pay isn't available. It takes a few days for the titanium card to arrive, and it's worth the wait.

The titanium Apple Card is uniquely Apple, featuring a simple design that's engraved with your name and no other information. There's no card number, CVV, or expiration date on the card, though there is a chip and a traditional magstripe for purchases.

Your card number, CVV, and expiration date can be found inside the Wallet app if you need that info for online purchases where Apple Pay isn't accepted. Your card number can even be changed on a semi-regular basis, which means it's more secure than a traditional credit card. That's one of the main benefits of the Apple Card.

The titanium card is hefty and it weighs more than your average plastic credit card, plus it's about twice as thick. It's a statement card for sure, and it stands out when you use it. When you use either your physical Apple Card or the digital Apple Pay version, Apple tracks all of your purchases in detail, which is the other major Apple Card benefit.

There's a virtual card in the Wallet app that starts out white but changes color based on what you're buying. Apple organizes all of your purchases into different categories that each have a color, making it easy to see what you're spending your money on each month. Apple offers detailed purchase tracking, full merchant name info (so no purchase is ever ambiguous), and instant notifications when you make a purchase (so you know right away if something's charged you didn't authorize).

Apple Card doesn't offer benefits like extended warranties or purchase protection, but it does have a cash back feature that's paid out each day. You get 3% cash back on purchases made from Apple (or its digital stores), 2% cash back on all Apple Pay purchases, and 1% cash back for all other purchases with the titanium card.

Cash is paid out at the end of each day and is added to your Apple Cash card, also in the Wallet app. The Apple Cash card can be used for purchases or the balance can be transferred to your bank account.

Payments are made in the Wallet app through a linked bank account, and it's worth noting that there is no web option. That's potentially going to be a hassle if you lose your iPhone and need to make a payment, but your Apple Card can be managed on your other iOS devices too.

When it comes to payments, Apple's aiming to make it so you pay as little interest as possible. Apple will send reminders when payment is due, encourage you to make extra payments to cut down on interest, and help you understand exactly how much interest you're going to be charged.

Apple Card can't match other cards when it comes to benefits, travel rewards, and specific cash back options, but where it does win out over other cards is its deep integration into the Wallet app and the effort Apple put in to making it understandable.

Your purchases are clearly outlined, your spending is tracked across different categories so you can better budget and track your money, and payment information is optimized for your benefit, rather than the benefit of the credit card company.

For more on Apple Card, make sure to check out our comprehensive Apple Card guide.


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Apple Card Begins Arriving to Customers, Wide Range of Credit Scores Reportedly Being Approved

Following the Apple Card's rollout to a limited number of customers in the Wallet app earlier this week, some are beginning to receive their physical, titanium Apple Card in the mail for use at stores that do not accept contactless payments.

The Verge's Nilay Patel has shared photos of his Apple Card, revealing that it is thicker than his other metal and plastic credit cards. It was earlier reported that the Apple Card weighs around 14.75 grams, making it slightly heavier than the Chase Sapphire Reserve credit card but lighter than an American Express Gold.



Another early adopter, Aaron Andino, has shared an Apple Card unboxing video on YouTube that provides a closer look at its packaging. The card and packaging look consistent with pre-launch photos that leaked.


The physical Apple Card, made out of titanium, features a clean design with an Apple logo, a chip, and a name. There's no card number or expiration date on the card, nor is there a CVV on the back. Instead, these details are stored in the Wallet app for added security in the event the card is lost or stolen.

The back of the Apple Card also has a minimalistic design with embossed Goldman Sachs and Mastercard logos and a magstripe. Goldman Sachs is the Apple Card's issuing bank, and it relies on the Mastercard payment network.

Read our step-by-step instructions on how to order a physical Apple Card by mail. The card ships free of charge and a notification is sent to your iPhone when it ships. The turnaround time appears to be a few days right now.


Later this month, Apple will allow all U.S. residents age 18 or older to apply for the card. So far, it appears that Goldman Sachs is being quite lenient with approvals, as CNBC and iMore have reported that some customers with credit scores in the 600s have been approved, albeit with lower credit limits and higher APRs.

When fully available, iPhone users can apply for the Apple Card in the Wallet app within minutes and take advantage of features such as 1-3 percent in daily cash back, color-coded spending summaries, and no fees. Just ahead of launching, the card's APR range was lowered to 12.99-23.99 percent.


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Apple Card Doesn’t Support Exporting Data to Financial Apps

With the Apple Card now available in a preview capacity to some customers, Apple has released everything from tutorial videos to support documents, giving us more insight into how the card works.

We've had countless questions from people who use software and apps like Mint and Quicken about whether or not the Apple Card will support financial services, and the answer is no, not at this time.


In a support document on how the Apple Card works, Apple says exporting data from Apple Card is not a feature offered at this time. From the document: "Exporting data from Apple Card to a financial app like Mint is not currently supported."

As financial apps like Mint and software like Quicken are popular with many people, it's possible that Apple will add support for exporting data in the future. Right now, Apple Card data and transactions can be viewed and managed only on the iPhone and the iPad, with no web support available.

The support document also includes details about viewing spending activity, viewing your monthly balance, seeing total spending each week or month, reviewing transactions, and reporting issues. Apple also has a support doc covering applying for Apple Card.

For more on Apple Card, make sure to check out our Apple Card guide, which we're in the process of updating with the new information that we've learned today.

Apple Card is available in a beta capacity for some users and will see a wider rollout later this month.


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Apple Card Offers Benefits From Mastercard, Base APR Lowered to 12.99%

Apple Card, Apple's credit card that began rolling out to some beta testers and members of the media this week, uses Mastercard for processing payments.

Since it uses Mastercard's network, the Apple Card is able to take advantage of benefits offered to Mastercard card holders, as pointed out by TechCrunch's Matthew Panzarino, one of the early testers.


Mastercard's website offers a list of benefits available to Apple Card users, including fraud protection, identity theft protection, and a free ShopRunner membership that offers free two-day shipping from some websites.

Other benefits include Mastercard's travel discounts and upgrades, Mastercard's exclusive "special events," Mastercard golf offerings, and home rental discounts via Onefinestay, all of which are available to all Mastercard users.

Purchase protection and extended warranties offered by some credit cards as benefits are not available with the Apple Card. Apple Card's main benefit is its Daily Cash program, which offers between 1 and 3 percent cash back on purchases, with money sent out each day shortly after a purchase is made.

Also of interest to potential Apple Card customers is a new base annual percentage rate (APR). When Apple Card was announced, Apple said that it would offer an APR between 13.24 percent and 24.24 percent based on credit score. Following the Federal Reserve's decision to cut interest rates last Wednesday, the APR for Apple card has changed.

As noted by The Verge's Nilay Patel, the base APR for purchases is now 12.99%, while the maximum APR is 23.99%.


For those who are applying to Apple Card and who may have frozen their credit, Goldman Sachs handles card approvals and uses TransUnion for credit checks. You'll need to unfreeze your TransUnion credit to be approved for Apple Card.

Apple Card customers should be aware that the Apple Card must be managed using an iPhone or iPad as there is no web component to the card.


A random selection of people who signed up to be notified about Apple Card are being invited to sign up for the Apple Card today, with a full rollout coming later this month. For more on how Apple Card works, make sure to check out our Apple Card guide.


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Apple Shares Series of Videos Explaining How to Use Apple Card

As part of Apple Card's "preview rollout" today, Apple has posted a series of videos to its YouTube channel explaining how to set up and use Apple Card on iPhone.


The 10 videos cover a range of topics, including the following:

The Apple Card Preview began today, with a limited number of customers who signed up to be notified about the release of Apple Card now able to apply for the card in their Wallet app and to order a physical Apple Card.

Customers who receive an email invitation to the Apple Card Preview can sign up for Apple Card in the Wallet app on the iPhone or by going to Settings > Wallet & Apple Pay on the iPad.


Apple hasn't disclosed exactly how many people are part of its "preview rollout," but a full rollout of Apple Card is expected later this month.

Applicants must be U.S. citizens or lawful residents of the United States and must be 18 years of age or older. An iPhone running iOS 12.4 or later is required to sign up for Apple Card.

Ahead of the official public launch of the Apple Card, Apple's wallet.apple.com website is active, providing further details on the application process.

In addition, Goldman Sachs last week made its Customer Agreement available providing more detail on the Apple Card, and for questions about how everything will work, make sure to check out our Apple Card guide.


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Apple Card Rolling Out Today to Limited Number of Customers

Apple Card appears to be getting its first group of public test users today. A limited number of customers who signed up to be notified about the release of Apple Card are reportedly able to apply for the card in their Wallet app and to order a physical Apple Card (via TechCrunch). A full rollout of Apple Card is expected later this month.

Apple has also posted a series of videos to its YouTube channel explaining to iPhone users how Apple Card works. The 12 videos cover a range of topics, including the following:


Apple Card is limited to the United States at the current time, but may expand to additional countries in the near future. Apple is already in talks with European regulators, and has trademarked Apple Card in Europe, Hong Kong, and Canada.

Apple Card is a no fee credit card. There are no annual fees, international fees, fees for making a late payment, or fees for exceeding your credit limit, which means there are no penalty rates for missing a payment.

Apple CEO Tim Cook said last Tuesday that the Apple Card will launch in August, so the full rollout could be coming any day now. Goldman Sachs last week made its Customer Agreement available providing more detail on the Apple Card, and for questions about how everything will work, make sure to check out our Apple Card guide.


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