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Macintosh News => Apple News => Topic started by: HCK on August 02, 2019, 04:05:09 pm



Title: Apple Card Launching in August
Post by: HCK on August 02, 2019, 04:05:09 pm
Apple Card Launching in August

During today's earnings call (https://www.macrumors.com/2019/07/30/earnings-q3-2019/) for the third fiscal quarter of 2019, Apple CEO Tim Cook (https://www.macrumors.com/roundup/tim-cook/) confirmed that Apple plans to launch its Apple Card (https://www.macrumors.com/guide/apple-card/) credit card in August.





Thousands of employees are currently testing the card, and Apple will be ready to debut it soon. Cook did not provide a specific date in August for the launch, so it could come at any time.





<img src="(http://cdn.macrumors.com/article-new/2019/03/applecardtitanium-800x580.jpg)" alt="" width="800" height="580" class="aligncenter size-large wp-image-686507" />


Created in partnership with Goldman Sachs, the <!---->Apple Card<!----> is deeply integrated with Apple Pay (https://www.macrumors.com/roundup/apple-pay/) and the Wallet app, though there is also a physical titanium card that can be used for in-person purchases.





<!---->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.





In the Wallet app, Apple will offer spend tracking and other 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 Card<!----> will be limited to the United States at launch, but may expand to additional countries in the future. For more details on the <!---->Apple Card<!---->, make sure to check out our Apple Card guide (https://www.macrumors.com/guide/apple-card/).

<div class="linkback">Tag: Apple Card (https://www.macrumors.com/roundup/apple-card/)</div>
This article, &quot;Apple Card Launching in August (https://www.macrumors.com/2019/07/30/apple-card-launching-in-august/)&quot; first appeared on MacRumors.com (https://www.macrumors.com)

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Source: Apple Card Launching in August (https://www.macrumors.com/2019/07/30/apple-card-launching-in-august/)