If they manage it the same way they did with Apple Pay, I'm probably able to use the Apple Card MAYBE in 2022 here in Germany... My current bank doesn't even support Apple Pay or Google Pay to this day.
Apfel Tasche die meinte ich ^^ bin bei der nur, weil die quasi direkt nebenan eine Filiale haben. Sollte die dicht machen (was aktuell vermutet wird) bin ich weg von dem Saftladen.
You can buy Apple products for 5% off with the Target Redcard. They offer a regular credit card, but there’s also a no inquiry req’d version that draws straight from your bank account.
You can save even more by avoiding sales tax by ordering from stores based outside your state like B&H Photo Video. I live in Boca Raton, sales tax is 7%. They also offer great customer service and take Apple Pay so you can still get 2% with your Apple Card.
@@dannyrauh8 I guess enjoy that savings while it lasts.. States and retailers are catching up with the last year's SCOTUS ruling which killed substantial nexus requirement.
Kyle Frank this RUclipsr is so full of himself, he never replies to his subscribers and I remember one time he was doing a live stream people were complaining of the quality of the video and he very rudely told them he wasn’t going to do anything about it
Kyle Frank, talking on the phone to Wells Fargo is so frustrating, it takes 15+ minutes to ask a question, make a payment, and it’s not convenient at all. Also the speaker quality is bad and it’s hard to understand sometimes, not all the time. Time is the worst thing about calling a bank. It’s nice that Apple can use iMessage to text an answer back in under 30 seconds. It’s way more convenient.
Trooko T he doesn’t reply to his subscribers because he said normally he addressed the issue in the video and they didn’t even watch. If you watch until the end he says you can talk to him on Twitter or discord
One thing I haven’t seen on any other credit card is an instant balance update. When I make a purchase on my Apple Card, the balance is immediately updated. Same when I pay it off. Great for budgeting!
One of the biggest benefits is “no international fees” there are rarely any cards that do that and have no annual fee. It also includes other Goldman Sachs MasterCard benefits that you can see in their website. So all that for free, is it pretty incredible
One thing he's not commenting on is that the Apple card is already compromised it was compromised while in beta buy Apple employees and now regular consumers are reporting fraudulent use as reported on front page tech
@@shashank.k2509 Show me your sources, Front Page Tech talked about some unnamed Apple Retail employees during beta testing....for all we know they let their friend borrow the card and use it while tracking on the app. Since official release, there has been nothing reported......and I'm pretty sure the Main Stream media would be all over it, if it were really bad. And I don't mean RUclips!
@@shanemoore7339 check out fpt's episodes on it. He'll explain it much better than I can. And hold up boy why are you so aggressive? Like damn that's some serious pent up rage right there.
I’m surprised you didn’t talk about the cash back feature on this card. As far as I understand it no other card out there has DAILY cash back. You don’t have to wait for your monthly statement to get cash back. You get cash back on a daily basis. I view it as tiny discounts on everything I’m buying every day vs storing up points to use for something later. Just thought this was worth mentioning.
Amazing how timely this video still is even now. The Apple Card credit limits (in case you didn’t know by now) are based on what your current overall credit limit is across all your cards and credit lines. So for instance, if you have 4 cards and they’re all $2500 and your credit limit is $10k total, when you apply for Apple Credit Card it will more than likely offer you a $10k CL to begin with. That has been my experience I’ve seen so far.
@@knowledgeincrease3326 I wouldn’t make it my first card I would wait until I have at least $1k - $2k in credit first so when you apply for the Apple Card hopefully your credit doubles with this card. 🤷🏽♂️
@@enlightenedanthony6661 thanks Mt daughter has a second card that she's building credit with but I was going to try to let her apply for the card so she can get her MacBook pro for college. Just to see if they give her at the apple store.
One thing to clarify about paying off your CC: it's actually good for building your credit if you don't pay your card in full every time. The recommendation is that you carry a balance for 6 consecutive months every 24 months. This helps show the agencies that not only are you consistently utilizing your credit, but you're reliable with paying it back even if it's not all right away. It can also help you get credit limit increases, which further helps your credit score. If you're always paying it off, what that tells them is that you're only reliable spending what you have and if you have some sort of emergency or something that dramatically increases your credit spending, you might not be able to pay it back. That's not to say you should carry a large balance those 6 months though. This is basic personal finance stuff.
Doesn’t matter. Every single bank work for the same elite people who are controlling everything. All the banks are ruining the economy. Doesn’t make any difference. Interest is bringing down this economy and all banks are guilty. To blame a group just bexauAe there connected to Apple is dishonest as all these banks are bringing the economy down.
I was hesitant at first about getting it and did some research. Honestly, when I applied, it gave me a better APR rate and rewards than my Capital One CC. I have the maximum APR with that one and no rewards at all. The interface is definitely a plus too. Love the titanium physical card too. I love this card and I'm so excited to be using it.
Lots of people are getting their Apple card hacked-compromised.I would have waited until this is fixed because I won't buy an Apple card to only get my money stolen by some hackers spending my money all over the world in different countries. The Apple Card has a huge security flaws use it at your own risk. Hopefully it won't happen to you.
@@The1Odis wtf are you talking about?? Don't spread fake shit, no one's apple card is being hacked. It's literally the most secure card ever...no physical card info, everything is locked behind face ID. You can't get more secure than the apple card. What's your source for all these "compromised" apple cards?
really good video and good editing. You're 100% correct, that the convenience of the apple card far outweighs the potential for $50-100 in annual rewards for other "better" cards...
As Apple adds more features to the card to make it more in line with other cards, I'm sure it'll get better. Special financing on Apple Hardware or items bought from their stores could slightly increase some sells for those that know they can't afford it all up-front but can over a pre-determined period of time. I doubt this is going to have any business say they need to integrate NFC payments or Apple Pay online. What I'm interested in seeing is if subscriptions and in-app purchases go up because people feel like they're getting something back.
Even as a budding card-phile, I chose to get the Apple Card as my second credit card (my first was the Discover It) because I wanted a card within a more widely-accepted system (MasterCard>Discover), and I noticed that Apple was giving out absurdly high credit limits, so I took advantage of that so I could make larger purchases on the Apple Card. Chase (generally) won’t accept people with
Samuel Sanchez After I turned 18, I applied for a credit card from Chase to build my credit score but got denied. I had to link up with my mom’s account because she has a good credit score like near 800s and got the credit card that way
How much do you wanna bet there will be credit card skins soon? Like AirPods, companies that will take your card and paint it a different color... weird to think 🤔
You are 100% about the Apple Card . I paid for dinner today with my Apple Card the waitress sat down and started asking me questions about the card and how can she get one. The you tube haters have to realize Apple is a tech company with a Side hustle of a credit card.
I use Apple Pay all the time and have for the last few years. I do not really look for the business that offer it. I just live life, they offer it great! If not, break out cash or a card. I did get the Apple Card when I received the invite recently and was approved in seconds. It loaded it to my Apple wallet... done. It is not life changing, it is a credit card. Good video, thanks.
Along with BoA Cash Rewards. 3% online, travel, drug stores, home improvement 2% grocery and wholesale clubs 1% everything else +10% of your rewards +25%, 50%, or 75% of your rewards if you are a preferred member.
It won’t make a difference I do understand that hard inquiries are something most people fear but the effects will fade after your credit limit to debt ratio increases.
So Amazon Prime card is not free because it requires a Prime account, but the Apple card is free even though it requires an iPhone... At least iPhones are cheap, right?
GetOffaMyLAN Do ya really think people will feel the need to buy a phone just to use their card? Do ya think there’s lots of potential customers out there that already have one?
@@koolkatken I'm not saying that people will buy a phone for this card; I'm just saying this card and the Prime card are equally "free", despite what the video days.
GetOffaMyLAN Yup, exactly. The guy is trying to make a case for a shitty card. “The Apple Card is shit!” “Don’t say it’s shit. It’s not as good as other cards, but hey it’s free, and traps you into having an iPhone forever. ...and it looks cool.” LOGIC!!
I don’t know where you’re from but you have interest rates on credit cards... it’s just the way the world is. 12.99% is low. Compared to 90% of other cards available right now.
@@EXITONEZ You shouldn't look at interest rate in comparison to others. 12.99% is a really high interest rate to pay. If you really need to borrow money, do it through personal loans or 0% apr credit cards etc. My point: APR lower than 90% of other cards should not be a reason to get his card/is a not benefit of this card.
isaac ng the point of this video isn’t saying that everyone should get a credit card, it is saying that the Apple Card has nice rewards and is a good option when looking for a new card.
@@isaacng123456789 It's still technically better because there is some off chance you'll forget to make a payment or fail to budget for automatic payments. As long as the odds of missing a payment is greater than 0, DESPITE YOUR BEST INTENTIONS, a lower APR is better.
I hit the notify button when they did the conference for the services, Apple card, then I got the invite for it. Got approved and got the card 2 days later. LOVE IT. Never going back to my other card.
Here's the way I see it. 65% of retailers accept Apple Pay. That statistic is of course different for certain locations, but that's the national average. So if you use the Apple Card as your primary credit card, the 1% and 2% cash back works out to a weighted average of 1.65% cash back for non-apple purchases. So it's effectively a 1.65% flat rate cash back card with an additional 3% reward for apple purchases. Credit cards are primarily used to build credit and to earn free money. The convenience factor of the Apple Card is very nice, but for a credit card to truly be recommendable it needs to excel in the areas it's primarily designed to be used. That said, the rewards are decent. I think there are others that will earn you more money over all, but it's not terrible. The discover it for instance gives you 5% cash back on a rotated list of purchase categories. If you keep your credit spending in the areas in which you get the most rewards, you can optimize your rewards to make the most money.
Bank of America cash rewards card (I think the one your wife had) has 1% on everything, 2% on grocery/gas and 3% on category of your choice (from a list of choices) but if you bank with them they give you an extra 10% back when transferred into a BOFA account, ie if you have $200 in rewards and redeem all of it you’ll get $220 in total. I have both Apple and BofA and BofA is very similar. It even allowed me to add the card to Apple wallet instantly to use before I got it in the mail. But Apple is definitely more convenient as far as reminders and the way it’s integrated into the iOS ecosystem
As a former small business owner I would like to point out that merchant fees were higher when a cash back card was used. So the merchant has to raise prices to compensate for the higher merchant card processing fees or they may offer seemingly higher discounts for paying with a check or cash. When one of our customers offered us a choice of their cards we always recommended they use one without the cash back gimmicks.
The only informative, 25 minute video about a credit card! Amazing! Also, Best Buy’s Card can be activated and used same day via lookup, but the physical card still takes 10 days to ship
Hi Drew, You get identical experience setting up Revolut account / card, except you need to provide ID & photo (which in case of apple you already have approved via Apple ID, so makes things one step easier in that regard). Just wanted to let you know (: Keep up good work!
Got my Apple Card and cancelling it. It’s an ok card but even my AMEX gives me 6% discount on Apple Music and streaming services. You would think it would be at least close or better. But I agree with you.
You do know that it’s a stupid comment right? It’s like me saying the world would be a better place if you were not born. Totally meaningless and not supported by facts.
Stupid isn’t always the case, shit happens. I also love my Apple Card but if you don’t live close to places that accept Apple Pay, you’re shit out of luck. There’s a handful of places over here, that’s it.
This is a great product for those who live fully in the Apple ecosystem, and value simplicity over everything else. I will not be getting it primarily because of the 1 percent back where Apple Pay isn’t accepted, which in my use case is a lot, and the lack of any sign up bonus, which almost every cash back card has. In this day and age, you should not be accepting below 2 percent back at a minimum.
I really like most of apples stuff but it’s sudden introduction of a credit card is not a bad start. They do in fact hit all the marks of a basic starter card for the youth of now who were told as kids that credit cards are the work of the devil.
Yea I agree with you. I hate credit cards for the same reason I see a lot of people getting in debt and on top of that so many interest in them which makes it harder for anyone to pay things back essentially. But with apple card is easy to use and easy to understand how to pay things back. Im still in process of learning but definitely find it the best credit card for me to start building credit and as my first credit card. Just found out I can use it for my gas which I typically pay very often, so this is so kool. I can build credit while paying it back because it is money I store on the side to pay it back every time.
Literally agree with all of your statements the convenience factor is the main reason why iwill be applying for mine and i can get the 3% when i upgrade my phone every year hopefully pro pods this September and my first apple watch series 5 . The fact i dont have to deal with bullshit apps and the payments are showed clearly and not a different companies name will make it so much easier to control my spending
Are we going to ignore the Apple lock in? I understand that they're offering their product so they'd like you to use their products. But it affects your credit score, and I'd you decide to change from Apple to Android, you lose the card, meaning you lose your entire credit history for that card. Losing a year of credit history could drastically change your score. So basically they say "Get the Apple card! But once you have it either stay with iPhone FOREVER or lose your credit history." That is a huge problem, not just churners (cardphile), but for anyone.
It is just a digital money laundering... People can say, I go to Starbucks and pay with Titanium, or I pay with AMEX, or I Pay with George Washington; it is all availability, like the Ben Diagrams we learned at school. People may be aware (get access of) the Bank of the US; the Chase Bank, Goldman Sachs Bank, etc. For a clean cut people just look to have one simple and functional card, if people want to entertain more variances then will have to cope with more accesses ... Like those people that have more than 1 shampoo at the Shower.
I got my card about a week ago and people go crazy when they see it lol, that’s why does it makes people go crazy lol. I love it, don’t need to use it but I wasn’t going to not get it.
Should I get it? Would it be too early to apply for one since it’s new “tech”? I get 1.5% cash back on my Chase credit card. The 2% would be nice to have sometimes if Apple Pay is available
I have a 620 average, and now I have a QuickSilver card. Hopefully soon, I’ll build my credit up enough so I can get the Apple Card or a Chase Freedom Flex. Although, the Whole Foods version is awesome.
I find that nobody seems to be talking about the privacy aspect. Apple supposedly has reached an agreement with Goldman Sachs not to use our purchase data for any other purposes, and I suppose we are going to have to take them at their word.
ken ng Yes, that’s really all you can do. With any company. Based on their track record, I do think Apple is sincerely focusing on privacy. But if it turns out they were lying the whole time, well, it won’t be the first time someone has conned customers. 🤷♂️
The comparison to AirPods is spot on. I am an “audiophile” and use AirPods pretty much all day for work. They’re simply easy to carry with me, pull out quickly and take calls. Yes there are much better sounding headphones, but none that are as reliable and convenient. I’m by no means saying they’re audiophile headphones, I have real headphones for that. For day to day use for phone calls though, I haven’t found any others that are as reliable or easy to keep with me. The card is similar, very easy, very straightforward rewards. So sick of credit card companies making the rewards so obscure and complicated, full of restrictions.
“Cardphiles”, I’ve heard card nerds more. Either way I just call it being good with money to get cash back as long as you pay them off monthly. Or are aware of certain benefits like extending a manufactures warrenty 1yr on that new phone instead of paying a cell carrier month, or for Apple care, or square trade warranties. But if you are charged interest then it’s not worth it, stick to using debit or cash is the smarter way if you don’t pay them off monthly.
And if you dont pay your bill credit card bill? Apple Locks you out of Apple app store and erases all your kids photos! And in some cases if you have it connected to your lights? Well?? Switch goes off!
"doesn't support Apple Pay" is it different in America? Everywhere in the UK that accepts contactless, accepts Apple Pay. Apple Pay doesn't need to be supported at all for the contactless payment to go through.
In the UK, in-app provisioning of Apple Pay cards is fairly common, most banks do it, so you would be able to use your card pretty much immediately after applying for it. App notifications for card payments and payment due are also fairly common. Not quite as polished and integrated as the Apple Card, but the features are there. Almost all banks offer an account switching service which updates your payment details everywhere, and that is available even if you are an octogenarian dinosaur who does everything at the bank branch. We’ve had that for about 15 years now. Also, bank transfers take about 3 seconds to get through to the receiving account. So, if Apple Card came to the UK, it would be maybe a little bit better than what we have at the moment, but not that much better. Bank interchange fees, the amount the retailer pays to the bank for processing the card, are a lot lower, so that means less money available for rewards. If Apple are about the same as the best no fee cashback cards on the market, that would be 0.5% for Apple Pay purchases, and a bit more for Apple purchases.
In Australia it would be hard to find a place that doesn't accept mobile phone payments. If you can pay by card you can pay by phone. All our bank cards are pay wave so works the same as a phone
I like credit cards, and credit card churning. This card is whatever, but I did get it simply for the novelty of the titanium card. It’s also another line of credit for my credit report
Damn, you guys in the US really love credit cards. Here in Germany at most places you cant even pay with credit card and Apple Pay isnt a thing. I don‘t get why no one else seems to be bother by the complexity and the lack of freedom a credit card brings into your life. For me it is using cash as much as i can and only doing my amazon shopping not via cash. I really dont get the credit card thing at all...
Credit cards achieve 3 things in the US. 1. There's a score system called FICO that ranges from 300-850. Using credit cards responsibly boosts this score so that lenders will trust you more and offer you loans for lower interest rates. This can save you thousands or even tens of thousands of dollars when you get a car or house. 2. Many credit cards offer you rewards. These come in the form of reduced debt after you spend a certain amount, cash back percentages, and points that can be redeemed for specific goods and services. Considering that you usually don't have to give up anything to get these rewards, it's literally free money. 3. In the event of a financial emergency, such as your debit card not working/getting lost or stolen or losing your job, credit cards give you some way to temporarily pay your bills. They don't really take away your freedom at all. You can use them as much or as little as you like. The only people who get screwed over by credit cards are those who spend more than they can afford and end up owing many dollars in interest.
You forgot to mention the citi double cashback covers the first two years or your purchases. Basically the citi double cash back would literally be better for you than the Apple Card considering you buy a lot of electronics from a company known to have a lot of design defects
My friends make fun of me (in a joking matter) when I talk about Apple. Apple Pay is around a lot where I live. So naturally getting the card was actually worth it and I do enjoy the rewards. I actually like it better then my other credit card with capital one which never offered rewards.
All Amex cards, USAA, and a few BoA cards give an instant number to use the card immediately when approved. All can be entered into the wallet app and used before the physical card arrives.
Lots of people. Graham Stephen did a video on this about the usefulness of only paying with cards. It's intended mainly for people who know how or can use them responsibly
Apple Card is simply a physical version of Apple Pay for places that don’t take apple pay. Why is this a thing? Well, Apple Pay has been out for over 5 years and people don’t use it as much as Apple wants them to. Just like how people say Apple dreams of a portless future, they also dream of a day where we never need a physical wallet again. Originally that was the idea and the only benefit of Apple Pay. It was quick and cool but was it really anymore convenient than pulling out your physical card? There was no real incentive to use it over your regular card. I’ve had Apple Pay for a while and I really don’t use it that much at physical stores. online shopping it’s quick and has all of my information including shipping preloaded. But when I’m at a store or restaurant about to pay, I usually have my card in my hand ready before I even notice that the place accepts Apple Pay. I might as well use my card at that point instead of putting my card away and pulling out my phone for no benefit. Apple Card is Apple solution to this scenario until we get to a point where every place accepts Apple Pay. Now with an Apple Card, I’ll go to a store, get ready to check out and the card that I’ll automatically have in my hand is an Apple Card. I see that the store I’m in accepts apple pay and now I think to myself “I ought to use Apple Pay so I can get that 2% cash back instead of 1%.” Now I have an actual reason to use apple pay. This is apple training us to use apple pay more. They get benefited because they take a little from your bank company with every transaction. apple pay grows to more locations and more banks because more people are using it and eventually you’ll only ever use your phone as a wallet.
It would be really nice and convenient if the actual Apple credit card had more than 1% cash back. There are some places that don’t take Apple Pay and if Apple Pay doesn’t work now you must use any card because Apple only gives you 1%
There are many cards over the last couple years that give you a virtual card to add to your mobile wallet if you apply on your phone. It works until you activate the physical card.
Titanium should be used in more tech products.
hold on minute
@@1903JPG *lol*
Tobi Olusola *ICONCEPTION*
Julian Pereboeff they should make the next iPhone out of it lol.
@@MrAyybee2cold all apple products should be made from titanium
Use Apple Pay to buy your Tesla and put it on the card
Matthew Kretman the limit is 12000$
Kay H no it’s not they gave me $20,000
The limit depends on your credit score
i would get the AMX black card if you want to but a tesla on it.
@@kayrothewagon The limit is based on your credit score and credit history, there is not a set limit everyone receives
If they manage it the same way they did with Apple Pay, I'm probably able to use the Apple Card MAYBE in 2022 here in Germany...
My current bank doesn't even support Apple Pay or Google Pay to this day.
Tim R. Dito... Sparkasse...
Apfel Tasche die meinte ich ^^ bin bei der nur, weil die quasi direkt nebenan eine Filiale haben. Sollte die dicht machen (was aktuell vermutet wird) bin ich weg von dem Saftladen.
Wenn du Apple Pay einfach nutzen willst benutz die Klarna App. Wenn du online banking hast geht das in unter 10 Minuten.
Chef Gamer ich benutze vimpay. Ist ne kostenlose digitale Kreditkarte. Damit nutze ich Apple Pay. Online Registrierung reicht.
I'm in the US and my bank just supported Apple Pay this year
3% Cash back on Uber and Uber Eat.
T-mobile & Walgreens added
3% back on Apple products is still abysmal, to me. I would rather have 5% back on just Apple products and leave the rest the same.
JustSimplyBrandon you can, by buying gift cards with 5% cards
You can buy Apple products for 5% off with the Target Redcard. They offer a regular credit card, but there’s also a no inquiry req’d version that draws straight from your bank account.
You can save even more by avoiding sales tax by ordering from stores based outside your state like B&H Photo Video. I live in Boca Raton, sales tax is 7%. They also offer great customer service and take Apple Pay so you can still get 2% with your Apple Card.
@@dannyrauh8 I guess enjoy that savings while it lasts.. States and retailers are catching up with the last year's SCOTUS ruling which killed substantial nexus requirement.
Ok. How about no rewards at all?
Wait for Apple Card 2 Pro.
“I don’t like talking to people”
- Drew
Rex ?
Kyle Frank this RUclipsr is so full of himself, he never replies to his subscribers and I remember one time he was doing a live stream people were complaining of the quality of the video and he very rudely told them he wasn’t going to do anything about it
Kyle Frank, talking on the phone to Wells Fargo is so frustrating, it takes 15+ minutes to ask a question, make a payment, and it’s not convenient at all. Also the speaker quality is bad and it’s hard to understand sometimes, not all the time. Time is the worst thing about calling a bank. It’s nice that Apple can use iMessage to text an answer back in under 30 seconds. It’s way more convenient.
Mitch E Mu So are RUclipsrs with way more subs but they still interact with theirs subs and are nice.
Trooko T he doesn’t reply to his subscribers because he said normally he addressed the issue in the video and they didn’t even watch. If you watch until the end he says you can talk to him on Twitter or discord
One thing I haven’t seen on any other credit card is an instant balance update.
When I make a purchase on my Apple Card, the balance is immediately updated. Same when I pay it off.
Great for budgeting!
Can you Tailosplain the huge misunderstanding further please?
Shegdoobius What do you mean?
One of the biggest benefits is “no international fees” there are rarely any cards that do that and have no annual fee. It also includes other Goldman Sachs MasterCard benefits that you can see in their website. So all that for free, is it pretty incredible
One thing he's not commenting on is that the Apple card is already compromised it was compromised while in beta buy Apple employees and now regular consumers are reporting fraudulent use as reported on front page tech
frager hoskin how?
@@theharbingerofconflation people can access the money in your card and make use of it. It's honestly very common with the apple card.
@@shashank.k2509 Show me your sources, Front Page Tech talked about some unnamed Apple Retail employees during beta testing....for all we know they let their friend borrow the card and use it while tracking on the app. Since official release, there has been nothing reported......and I'm pretty sure the Main Stream media would be all over it, if it were really bad. And I don't mean RUclips!
frager hoskin it was beta 😂😂😂
@@shanemoore7339 check out fpt's episodes on it. He'll explain it much better than I can. And hold up boy why are you so aggressive? Like damn that's some serious pent up rage right there.
Did I just watch a full 25 min video on a credit card? Yes. Yes I did.
I’m surprised you didn’t talk about the cash back feature on this card. As far as I understand it no other card out there has DAILY cash back. You don’t have to wait for your monthly statement to get cash back. You get cash back on a daily basis. I view it as tiny discounts on everything I’m buying every day vs storing up points to use for something later. Just thought this was worth mentioning.
Amazing how timely this video still is even now. The Apple Card credit limits (in case you didn’t know by now) are based on what your current overall credit limit is across all your cards and credit lines. So for instance, if you have 4 cards and they’re all $2500 and your credit limit is $10k total, when you apply for Apple Credit Card it will more than likely offer you a $10k CL to begin with. That has been my experience I’ve seen so far.
What if someone is now building credit 🤔 like a college student ....
@@knowledgeincrease3326 I wouldn’t make it my first card I would wait until I have at least $1k - $2k in credit first so when you apply for the Apple Card hopefully your credit doubles with this card. 🤷🏽♂️
@@enlightenedanthony6661 thanks
Mt daughter has a second card that she's building credit with but I was going to try to let her apply for the card so she can get her MacBook pro for college. Just to see if they give her at the apple store.
Was going to try my odds.
One thing to clarify about paying off your CC: it's actually good for building your credit if you don't pay your card in full every time. The recommendation is that you carry a balance for 6 consecutive months every 24 months. This helps show the agencies that not only are you consistently utilizing your credit, but you're reliable with paying it back even if it's not all right away. It can also help you get credit limit increases, which further helps your credit score. If you're always paying it off, what that tells them is that you're only reliable spending what you have and if you have some sort of emergency or something that dramatically increases your credit spending, you might not be able to pay it back. That's not to say you should carry a large balance those 6 months though. This is basic personal finance stuff.
Well, their major banker backing this card is one of the top bankers that helped bring the economy to shambles in 08’. So there’s that...
Doesn’t matter. Every single bank work for the same elite people who are controlling everything. All the banks are ruining the economy. Doesn’t make any difference. Interest is bringing down this economy and all banks are guilty. To blame a group just bexauAe there connected to Apple is dishonest as all these banks are bringing the economy down.
Facts
I was hesitant at first about getting it and did some research. Honestly, when I applied, it gave me a better APR rate and rewards than my Capital One CC. I have the maximum APR with that one and no rewards at all. The interface is definitely a plus too. Love the titanium physical card too. I love this card and I'm so excited to be using it.
Lots of people are getting their Apple card hacked-compromised.I would have waited until this is fixed because I won't buy an Apple card to only get my money stolen by some hackers spending my money all over the world in different countries.
The Apple Card has a huge security flaws use it at your own risk.
Hopefully it won't happen to you.
@@The1Odis wtf are you talking about?? Don't spread fake shit, no one's apple card is being hacked. It's literally the most secure card ever...no physical card info, everything is locked behind face ID. You can't get more secure than the apple card. What's your source for all these "compromised" apple cards?
Vanessa M they gave me the best apr and limit out of all my credit cards. Rewards are decent enough for a no fee card
@@The1Odis Fake news ladies and gentlemen.
Pacanator stfu liar lol
Card expanding 3% Cashback to Uber and UberEats today. More merchants to come.
really good video and good editing. You're 100% correct, that the convenience of the apple card far outweighs the potential for $50-100 in annual rewards for other "better" cards...
Yep, get ready for Google and Samsung Card. Hell, they'll even call it innovation. 🙄🤣
😂🤣 And its pure Android 😆🤣
nuyou21 Samsung S Card and the Google Pixel Card
nuyou21 And a Google card will track you everywhere.
😂🤣 The S Card Plus and Pixel Card with night mode 😆🤣
Guess what does it come with? A headphone jack. Just saying. 🤷♂️
As Apple adds more features to the card to make it more in line with other cards, I'm sure it'll get better. Special financing on Apple Hardware or items bought from their stores could slightly increase some sells for those that know they can't afford it all up-front but can over a pre-determined period of time. I doubt this is going to have any business say they need to integrate NFC payments or Apple Pay online. What I'm interested in seeing is if subscriptions and in-app purchases go up because people feel like they're getting something back.
Even as a budding card-phile, I chose to get the Apple Card as my second credit card (my first was the Discover It) because I wanted a card within a more widely-accepted system (MasterCard>Discover), and I noticed that Apple was giving out absurdly high credit limits, so I took advantage of that so I could make larger purchases on the Apple Card.
Chase (generally) won’t accept people with
Samuel Sanchez After I turned 18, I applied for a credit card from Chase to build my credit score but got denied. I had to link up with my mom’s account because she has a good credit score like near 800s and got the credit card that way
I’ve been using it for everything. The card works great. Using the phone doesn’t work well in the Midwest unless you’re in Chicago
Jose Namaste that’s not true. I’ve been using my phone all over Milwaukee since 2016.
Wow your analysis on credit cards was spot on. Wish you would do the same for other apple products
How much do you wanna bet there will be credit card skins soon? Like AirPods, companies that will take your card and paint it a different color... weird to think 🤔
They are already here
Yep they can turn the plastic cards into metal
The tier score you used was designed by Credit Shifu, and isn’t a concrete scale. You should cite him somewhere.
Agreed, he should cite his source.
You are 100% about the Apple Card . I paid for dinner today with my Apple Card the waitress sat down and started asking me questions about the card and how can she get one. The you tube haters have to realize Apple is a tech company with a Side hustle of a credit card.
I am 6 months old and this is gonna be very useful for me when i reach puberty by then it is gonna be supported in my beloved country.
AE cool 😂
You can tell he was excited while doing this hahaha good to see him enjoying to do the videos
Apple was the fastest card I ever apply for and got accepted so fast. They made it so fast and simple to get approve !
I use Apple Pay all the time and have for the last few years. I do not really look for the business that offer it. I just live life, they offer it great! If not, break out cash or a card.
I did get the Apple Card when I received the invite recently and was approved in seconds. It loaded it to my Apple wallet... done. It is not life changing, it is a credit card.
Good video, thanks.
Try Costco Anywhere VISA Card
4% gasoline
3% restaurants
3% travel
2% Costco
1% everything else
I got Apple Card too
Along with BoA Cash Rewards.
3% online, travel, drug stores, home improvement
2% grocery and wholesale clubs
1% everything else
+10% of your rewards
+25%, 50%, or 75% of your rewards if you are a preferred member.
Mine is getting delivered tomorrow! Can't wait to see it in person!
It’s funny how the “apple sheep” is probably one of the most logical tech youtubers at this point
Got my Apple Card, love it. Easy setup and easy to use. The wallet app makes it even better
Jordan Price Yeap I agreed with you
Can I ask you something?! About it
I’ll be getting mine next year.. I’m in the process of buying a new home so applying for a new credit card at this moment is not a good idea.. 😄
It won’t make a difference I do understand that hard inquiries are something most people fear but the effects will fade after your credit limit to debt ratio increases.
if you are worried about that you aren't going to get the home loan.
Don't do it please.
So Amazon Prime card is not free because it requires a Prime account, but the Apple card is free even though it requires an iPhone... At least iPhones are cheap, right?
GetOffaMyLAN Do ya really think people will feel the need to buy a phone just to use their card? Do ya think there’s lots of potential customers out there that already have one?
@@koolkatken I'm not saying that people will buy a phone for this card; I'm just saying this card and the Prime card are equally "free", despite what the video days.
GetOffaMyLAN Yup, exactly. The guy is trying to make a case for a shitty card.
“The Apple Card is shit!”
“Don’t say it’s shit. It’s not as good as other cards, but hey it’s free, and traps you into having an iPhone forever. ...and it looks cool.”
LOGIC!!
12.99% apr is lower than any card you just compared.
iAM3xiT 12.99% is still incredibly high that you shouldn’t be paying any interest.
I don’t know where you’re from but you have interest rates on credit cards... it’s just the way the world is. 12.99% is low. Compared to 90% of other cards available right now.
@@EXITONEZ You shouldn't look at interest rate in comparison to others. 12.99% is a really high interest rate to pay. If you really need to borrow money, do it through personal loans or 0% apr credit cards etc.
My point: APR lower than 90% of other cards should not be a reason to get his card/is a not benefit of this card.
isaac ng the point of this video isn’t saying that everyone should get a credit card, it is saying that the Apple Card has nice rewards and is a good option when looking for a new card.
@@isaacng123456789 It's still technically better because there is some off chance you'll forget to make a payment or fail to budget for automatic payments. As long as the odds of missing a payment is greater than 0, DESPITE YOUR BEST INTENTIONS, a lower APR is better.
I hit the notify button when they did the conference for the services, Apple card, then I got the invite for it. Got approved and got the card 2 days later. LOVE IT. Never going back to my other card.
Here's the way I see it.
65% of retailers accept Apple Pay. That statistic is of course different for certain locations, but that's the national average.
So if you use the Apple Card as your primary credit card, the 1% and 2% cash back works out to a weighted average of 1.65% cash back for non-apple purchases.
So it's effectively a 1.65% flat rate cash back card with an additional 3% reward for apple purchases.
Credit cards are primarily used to build credit and to earn free money.
The convenience factor of the Apple Card is very nice, but for a credit card to truly be recommendable it needs to excel in the areas it's primarily designed to be used.
That said, the rewards are decent. I think there are others that will earn you more money over all, but it's not terrible. The discover it for instance gives you 5% cash back on a rotated list of purchase categories. If you keep your credit spending in the areas in which you get the most rewards, you can optimize your rewards to make the most money.
Bank of America cash rewards card (I think the one your wife had) has 1% on everything, 2% on grocery/gas and 3% on category of your choice (from a list of choices) but if you bank with them they give you an extra 10% back when transferred into a BOFA account, ie if you have $200 in rewards and redeem all of it you’ll get $220 in total. I have both Apple and BofA and BofA is very similar. It even allowed me to add the card to Apple wallet instantly to use before I got it in the mail. But Apple is definitely more convenient as far as reminders and the way it’s integrated into the iOS ecosystem
As a former small business owner I would like to point out that merchant fees were higher when a cash back card was used. So the merchant has to raise prices to compensate for the higher merchant card processing fees or they may offer seemingly higher discounts for paying with a check or cash. When one of our customers offered us a choice of their cards we always recommended they use one without the cash back gimmicks.
The only informative, 25 minute video about a credit card! Amazing! Also, Best Buy’s Card can be activated and used same day via lookup, but the physical card still takes 10 days to ship
this dude is the ultimate fan boy. i swear you win bro
or maybe you are?
Hi Drew,
You get identical experience setting up Revolut account / card, except you need to provide ID & photo (which in case of apple you already have approved via Apple ID, so makes things one step easier in that regard). Just wanted to let you know (: Keep up good work!
The fact that Walmart doesn’t support Apple Pay and makes you use “Walmart Pay” really gets under my skin
Finally, somebody with logical clarification. Great work!
*Insert generic “you’re just biased” hate comment
I can’t wait for the Apple Card to come to other countries
Depends where you live you might never see it or at least for few years. For example where I live no stores accept Google pay or Apple pay
I literally got apple pay 2 months ago here in the netherlands, this card will take probably a few more years😴🥴
i can wait
Is it a good idea to get the Apple Card as my first credit card? Just turned 18 so I’m deciding if I should get a credit card.
Elmer C.T if they approve you, yes
Got my Apple Card and cancelling it. It’s an ok card but even my AMEX gives me 6% discount on Apple Music and streaming services. You would think it would be at least close or better. But I agree with you.
Cancelling a card drops your credit score, FYI
Marcelo Garcia doesn’t matter if you pay cash.
If google or Samsung came out with a credit card you’d be pulling your hair out and screaming 😂 Just sayin...
You do know that it’s a stupid comment right? It’s like me saying the world would be a better place if you were not born. Totally meaningless and not supported by facts.
Jokes on you I’m not even old enough to use a credit card!
Stupid isn’t always the case, shit happens.
I also love my Apple Card but if you don’t live close to places that accept Apple Pay, you’re shit out of luck. There’s a handful of places over here, that’s it.
Trooko T It really depends on the person and their lifestyle. Apple card is not for everyone
I really believe Apple can change the cash back percentages anytime they want. Mark my words
a 25 minute video defending an Apple credit card ? Tf
This is a great product for those who live fully in the Apple ecosystem, and value simplicity over everything else. I will not be getting it primarily because of the 1 percent back where Apple Pay isn’t accepted, which in my use case is a lot, and the lack of any sign up bonus, which almost every cash back card has. In this day and age, you should not be accepting below 2 percent back at a minimum.
Damn, i would get the Apple card if I live in the US lol
I really like most of apples stuff but it’s sudden introduction of a credit card is not a bad start. They do in fact hit all the marks of a basic starter card for the youth of now who were told as kids that credit cards are the work of the devil.
Yea I agree with you. I hate credit cards for the same reason I see a lot of people getting in debt and on top of that so many interest in them which makes it harder for anyone to pay things back essentially. But with apple card is easy to use and easy to understand how to pay things back. Im still in process of learning but definitely find it the best credit card for me to start building credit and as my first credit card. Just found out I can use it for my gas which I typically pay very often, so this is so kool. I can build credit while paying it back because it is money I store on the side to pay it back every time.
Literally agree with all of your statements the convenience factor is the main reason why iwill be applying for mine and i can get the 3% when i upgrade my phone every year hopefully pro pods this September and my first apple watch series 5 . The fact i dont have to deal with bullshit apps and the payments are showed clearly and not a different companies name will make it so much easier to control my spending
Are we going to ignore the Apple lock in? I understand that they're offering their product so they'd like you to use their products. But it affects your credit score, and I'd you decide to change from Apple to Android, you lose the card, meaning you lose your entire credit history for that card. Losing a year of credit history could drastically change your score. So basically they say "Get the Apple card! But once you have it either stay with iPhone FOREVER or lose your credit history." That is a huge problem, not just churners (cardphile), but for anyone.
It is just a digital money laundering... People can say, I go to Starbucks and pay with Titanium, or I pay with AMEX, or I Pay with George Washington; it is all availability, like the Ben Diagrams we learned at school. People may be aware (get access of) the Bank of the US; the Chase Bank, Goldman Sachs Bank, etc. For a clean cut people just look to have one simple and functional card, if people want to entertain more variances then will have to cope with more accesses ... Like those people that have more than 1 shampoo at the Shower.
I got my card about a week ago and people go crazy when they see it lol, that’s why does it makes people go crazy lol. I love it, don’t need to use it but I wasn’t going to not get it.
Should I get it? Would it be too early to apply for one since it’s new “tech”? I get 1.5% cash back on my Chase credit card. The 2% would be nice to have sometimes if Apple Pay is available
You just described the reasons why I bought a Tesla. And yes, I did use Apple Pay to pay my deposit.
Dude uses over 25mins to defend apple credit card....wow🤯🤯 .....🍏🍎🐑🐑
Iam 6years old and I have no clue why iam watching this ...😐
gece beşte kokoreç noooooooo I only get to play around for 1hour daily and then I got to go back to studying 😭😛
Justin Dough alright then let me FaceTime ur parents and show them ur comment 😂
THE PUBG NOOB don’t go too deep sweetheart...save that for 10 years old 😂
Mike Borisov hehe ok 😛 byeeeee everyone I gotta go student now 😐🙃
Mike Borisov I’m 10
I have a 620 average, and now I have a QuickSilver card. Hopefully soon, I’ll build my credit up enough so I can get the Apple Card or a Chase Freedom Flex.
Although, the Whole Foods version is awesome.
I find that nobody seems to be talking about the privacy aspect. Apple supposedly has reached an agreement with Goldman Sachs not to use our purchase data for any other purposes, and I suppose we are going to have to take them at their word.
ken ng Yes, that’s really all you can do. With any company. Based on their track record, I do think Apple is sincerely focusing on privacy. But if it turns out they were lying the whole time, well, it won’t be the first time someone has conned customers. 🤷♂️
Some boxes in the background are not in the center. It bother me 😀
I’m getting it for the free titanium. Lol I’ll keep my 7apr credit card with no annual fees.
The comparison to AirPods is spot on. I am an “audiophile” and use AirPods pretty much all day for work. They’re simply easy to carry with me, pull out quickly and take calls. Yes there are much better sounding headphones, but none that are as reliable and convenient. I’m by no means saying they’re audiophile headphones, I have real headphones for that. For day to day use for phone calls though, I haven’t found any others that are as reliable or easy to keep with me.
The card is similar, very easy, very straightforward rewards. So sick of credit card companies making the rewards so obscure and complicated, full of restrictions.
“Cardphiles”, I’ve heard card nerds more. Either way I just call it being good with money to get cash back as long as you pay them off monthly. Or are aware of certain benefits like extending a manufactures warrenty 1yr on that new phone instead of paying a cell carrier month, or for Apple care, or square trade warranties. But if you are charged interest then it’s not worth it, stick to using debit or cash is the smarter way if you don’t pay them off monthly.
And if you dont pay your bill credit card bill? Apple Locks you out of Apple app store and erases all your kids photos! And in some cases if you have it connected to your lights? Well?? Switch goes off!
"doesn't support Apple Pay" is it different in America? Everywhere in the UK that accepts contactless, accepts Apple Pay. Apple Pay doesn't need to be supported at all for the contactless payment to go through.
In the UK, in-app provisioning of Apple Pay cards is fairly common, most banks do it, so you would be able to use your card pretty much immediately after applying for it. App notifications for card payments and payment due are also fairly common. Not quite as polished and integrated as the Apple Card, but the features are there.
Almost all banks offer an account switching service which updates your payment details everywhere, and that is available even if you are an octogenarian dinosaur who does everything at the bank branch. We’ve had that for about 15 years now.
Also, bank transfers take about 3 seconds to get through to the receiving account.
So, if Apple Card came to the UK, it would be maybe a little bit better than what we have at the moment, but not that much better.
Bank interchange fees, the amount the retailer pays to the bank for processing the card, are a lot lower, so that means less money available for rewards. If Apple are about the same as the best no fee cashback cards on the market, that would be 0.5% for Apple Pay purchases, and a bit more for Apple purchases.
Here's me watching this video knowing full well I'll never get an Apple Card.
Apple could add Apple Care to purchases made with Apple Card as an incentive.
In Australia it would be hard to find a place that doesn't accept mobile phone payments. If you can pay by card you can pay by phone. All our bank cards are pay wave so works the same as a phone
I like credit cards, and credit card churning. This card is whatever, but I did get it simply for the novelty of the titanium card. It’s also another line of credit for my credit report
Damn, you guys in the US really love credit cards. Here in Germany at most places you cant even pay with credit card and Apple Pay isnt a thing.
I don‘t get why no one else seems to be bother by the complexity and the lack of freedom a credit card brings into your life.
For me it is using cash as much as i can and only doing my amazon shopping not via cash.
I really dont get the credit card thing at all...
Credit cards achieve 3 things in the US.
1. There's a score system called FICO that ranges from 300-850. Using credit cards responsibly boosts this score so that lenders will trust you more and offer you loans for lower interest rates. This can save you thousands or even tens of thousands of dollars when you get a car or house.
2. Many credit cards offer you rewards. These come in the form of reduced debt after you spend a certain amount, cash back percentages, and points that can be redeemed for specific goods and services. Considering that you usually don't have to give up anything to get these rewards, it's literally free money.
3. In the event of a financial emergency, such as your debit card not working/getting lost or stolen or losing your job, credit cards give you some way to temporarily pay your bills.
They don't really take away your freedom at all. You can use them as much or as little as you like. The only people who get screwed over by credit cards are those who spend more than they can afford and end up owing many dollars in interest.
God damn it stop making sense and pushing for tolerance of different people’s opinions/use cases! Jump on the apple hate bandwagon!
Good video
Lol😂
It’s cuz most of the country has iPhones
I received my Apple Card soon as it was released. I had previously signed up when Tim Cook introduced it at the last Apple event.
Other than 3% cash back on Apple products, why should I get an Apple Card over other 2% cash back cards. They all have apps where I can pay it online.
You forgot to mention the citi double cashback covers the first two years or your purchases. Basically the citi double cash back would literally be better for you than the Apple Card considering you buy a lot of electronics from a company known to have a lot of design defects
My friends make fun of me (in a joking matter) when I talk about Apple. Apple Pay is around a lot where I live. So naturally getting the card was actually worth it and I do enjoy the rewards. I actually like it better then my other credit card with capital one which never offered rewards.
Any credit card w no annual fee and no hidden charges is a good credit card no matter what
All Amex cards, USAA, and a few BoA cards give an instant number to use the card immediately when approved. All can be entered into the wallet app and used before the physical card arrives.
apple credit card does not have features like extended warranty protection, purchase protection, and trip cancellation insurance which other cards do.
Who the hell is “into credit cards”?
Lots of people. Graham Stephen did a video on this about the usefulness of only paying with cards. It's intended mainly for people who know how or can use them responsibly
The Point guys uk
people that aren't broke like you.
Apple Card is simply a physical version of Apple Pay for places that don’t take apple pay. Why is this a thing? Well, Apple Pay has been out for over 5 years and people don’t use it as much as Apple wants them to. Just like how people say Apple dreams of a portless future, they also dream of a day where we never need a physical wallet again. Originally that was the idea and the only benefit of Apple Pay. It was quick and cool but was it really anymore convenient than pulling out your physical card? There was no real incentive to use it over your regular card. I’ve had Apple Pay for a while and I really don’t use it that much at physical stores. online shopping it’s quick and has all of my information including shipping preloaded. But when I’m at a store or restaurant about to pay, I usually have my card in my hand ready before I even notice that the place accepts Apple Pay. I might as well use my card at that point instead of putting my card away and pulling out my phone for no benefit. Apple Card is Apple solution to this scenario until we get to a point where every place accepts Apple Pay. Now with an Apple Card, I’ll go to a store, get ready to check out and the card that I’ll automatically have in my hand is an Apple Card. I see that the store I’m in accepts apple pay and now I think to myself “I ought to use Apple Pay so I can get that 2% cash back instead of 1%.” Now I have an actual reason to use apple pay. This is apple training us to use apple pay more. They get benefited because they take a little from your bank company with every transaction. apple pay grows to more locations and more banks because more people are using it and eventually you’ll only ever use your phone as a wallet.
Imagine buying grocery’s with Apple Card SMH should be 2% with that metal card
It would be really nice and convenient if the actual Apple credit card had more than 1% cash back. There are some places that don’t take Apple Pay and if Apple Pay doesn’t work now you must use any card because Apple only gives you 1%
Cool. Wouldn't it be nice if Apple used this same convenience-based strategy on the Apple Pro(sumer) Display?
There are many cards over the last couple years that give you a virtual card to add to your mobile wallet if you apply on your phone. It works until you activate the physical card.
Good analysis.
My parents pay 100 a year for their combined card. They get 1200 a year back every year cuz of it...
Drew watched Credit Shifu’s card tier system video to research this!!
Evan Carrie yup and no citation either
applied and got approved between the 2min and 4min mark of this video. 800score got me $10k - That was crazy quick!