Notably, Apple Card was announced in March. The card is a mobile integrated credit card with a daily cashback program on Apple product purchases. Also, the card is integrated with Apple Pay and is “laser-etched titanium.”

Users get 3% cashback on Apple product purchases and select partner merchant products. The partner merchants include Uber, Uber Eats, T-Mobile, and others. Also, customers get 2% daily cash on card purchases using Apple Pay. Customers get 1% cashback on websites that don’t accept Apple Pay and on using the titanium card.

Like other Apple products, Apple Card focuses on improving users’ experience and aims to add significant value. Users can easily look at spending through categories.

Also, the company claims that the card will reduce interest payments. The interest charged to customers ranges between 12.74% and 23.74% depending on their creditworthiness.

While most credit cards have an option for minimum payments, customers still pay a lot in interest fees over time. Apple Card provides users with the estimated interest based on their payment amount. The company provides a real-time service that helps users make an informed decision.

The card has all of Apple Pay’s security features like Face ID, Touch ID, and unique transaction codes. The card doesn’t have any numbers, a CVV, or expiry date details. Mastercard is the global payment network partner.