Apple Card is finally rolling out but for a few people who earlier signed up to be notified when the card would be available, and now Apple has started rolling out invites to people informing them that card is available for purchase.
The card will be available for everyone in the US later this month.
The Apple Credit Card has promised that there will be no processing fee, late fee or over the limit fees. This card is created in partnership with Goldman Sachs and Mastercard and will provide with cashback offers on various payments.
Apple says that cashback will be put back into your account which can be used to pay back your bills or send to friends through Apple Cash, they call it “Daily Cash”.
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But Apple also faced severe criticism over its standard APR which starts at 12.9 percent to 24.24 percent, which Apple claims that it is trying to be one of the lowest possible rates you can qualify for.
It surely might an Apple product, but indeed at the end of the day it is a credit card and people should treat it like one.
We will have to wait of what the initial views of people are about this card, till then stay tuned to KNine Vox.