Everything You Need To Know About Apple's New Apple Card

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What is Apple Card, the new credit card from Apple, and why is it important? This question was originally answered on Quora by Brian Roemmele.

If this is not enough, if you miss a payment, there is no charge for penalty rates.Every time there is a purchase you get an instant notification from Apple Wallet. You’ll also be notified of any unusual activity. If you don’t recognize a charge you just tap to let Apple know. If you have a question, you could call or you can use Apple Business Chat integrated into Apple Card.

At a glance you will see what you have spent your money on in far better detail than any accounting software to date. This is achieved through a combination of deeper merchant information achieved by being the card issuer and though I will go as far as to state that the new laser engraved titanium Apple Card, with just your name will become the new “white headphone cords” of this epoch

Besides the very unique Apple-like appearance of the Apple Card, it also serves as a normal mag stripe and EMV card. There are no NFC chips on the card at this point for a number of reasons. One important reason is this would create a static permanent number on the card that would open you up to potential fraud. However there is little reason for an NFC chip since you have, nearly all the time you iPhone that creates a far better user experience.

 

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This is monopolistic, opportunistic, anti-strategic, & more evidence of a decline. If Apple truly wanted better for customers, they would change their revenue model & make their existing products less disposable, less expensive, and more human centric. -

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