[Update: Authorized Users] Apple Credit Card Review – 3% at Apple & Uber, 2% with Apple Pay, 1% with Physical Card; No Fees
At the Apple Event today, they unveiled full details on the release of the impending Apple credit card which we’ve covered before. The card will become available this summer. The Apple launch video can be found below. The new Apple credit card is issued by Goldman Sachs and will run on the Mastercard network. The card runs entirely through Apple Pay, and I’m not sure it’s possible to signup for the card if you don’t have an iPhone. Card will earn the following rewards: 3% cash back on Apple purchases and services. 2% cash back on all Apple Pay purchases. 1% cash back when using the physical card. No mention of a signup bonus. No annual fee. No foreign transaction fee.