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Apple Card Apple Credit Card Experience: Integrating with iOS is the Core Advantage

via:新浪数码     time:2019/8/7 10:36:07     readed:233

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Sina Digital Compiled to let domestic users know about Apple's credit card and how it integrates with iOS system.

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Credit card application process

Apple Card is now open to testers. I am one of the testers invited to try out. Here are some of my experiences after applying for such a card.

Apple Card is in the early stages of launching to users, and the pace of this launch is relatively mild and slow. This afternoon, I received an email from Apple with the title "From today on, please pick up Apple Card".

The e-mail from Apple wrote that users who joined the test today could "use the card in advance" before it was officially launched. They said, "You will be the first to get to Apple."

Once invited, you can go directly toIPhoneClick App in your wallet. Most of your information is based on your Apple.

You don't have to fill in the address and other information to read the Apple ID, directly.

After entering all the details, you will see the Apple Card user terms. When you click on consent, your application will be submitted to Goldman Sachs for approval. (Sina Digital Note: Although the propaganda is "new credit cards created by Apple rather than banks", in fact, there are banks behind it.)

After the electronic card is approved, users can apply for the Titanium-made Apple Card physical card, which Apple says will be completed in six to eight working days.

That is to say, AppleMobile phoneApple Card is used for activation on, rather than calling to activate something.

On the Approval Quota

Apple provides a clear interface for telling you about credit lines, interest rates and fees. Users can also view detailed card information, terms and so on. Of course, the user can also choose to accept or reject the card after the application is completed.

Because in the internal testing stage. Apple Card is only open to a small number of users, so it's hard to say what credit line Goldman Sachs has approved. They used TransUnion's report as a basis for their assessment.

Apple Card rates range from 12.99% to 23.99%. Because of the Fed's recent interest rate cut, the benchmark interest rate is slightly lower than the figures cited by Apple and Goldman Sachs in their initial propaganda.

After filling in the information, we got a credit card credit line of $4,000.

I got a credit line of $4,000 and a maximum interest rate of 23.99%. Interest rates surprise me a little, but as long as you don't owe, that's not a problem.

As more and more people from different credit backgrounds apply for Apple Card, we may see more information about the probability and interest rate of credit card approval.

Wallet is Apple Card's Core Competitiveness

Apple Card is tightly linked to iOS's "wallet" App, which is responsible for your consumer management. After all, it's iOS system-level App, so you don't need to open other Apps like other banks'credit cards.

Apple Card's virtual card design is also a bit creative, and its color will vary according to the type of money you spend. For example, I recently used this card to shop at Starbucks and App Store, so it looks pink and orange.

The card in the wallet will change color with different consumption types.

As for the payment function, Apple Card can view credit card quotas, statement balances or any other amount. It will also display details of the interest charges associated with each payment option. You can also arrange for automatic transfers to match payday repayments (Sina Digital Notes, payroll and credit card bills are Americans'habit).

Click on the three points in the upper right corner of the Apple Card interface in your wallet to quickly contact customer service personnel via Apple Business Chat, web or telephone. You can also manage your own planned payments here.

You can also view your credit card details here, such as the card number, expiration date and security code. In case you feel that your card number may be leaked, you can also ask for a new card number.

One of my favorite things about the relationship between Apple Card and Wallet App is that the list of transactions is very concise. Many credit card companies use a sophisticated business code to show their consumption (which is hard to check), while the application on iOS displays the name of the business directly, and even shows the time and place of the transaction in a map way.

at presentIPadThe experience of checking accounts is not as good as that of the iPhone.

But at present, "wallet" is only available on the iPhone, not on the iPad. If you want to view it on the iPad, all Apple Card details are placed in the "Wallet and Apple Pay" section. The experience is not as good as the iPhone. I wonder if there will be a "wallet" app on the iPad in the future.

On the Return of Consumption

Many credit cards issued by banks in the United States can return a certain proportion of cash according to the amount of consumption. Apple Card's return rate is not the highest, but its combination is the best experience so far.

Apple products can get a 3% rebate, Apple Pay products can get a 2% rebate, using physical card shopping can get a 1% rebate. In the wallet application transaction list, you can clearly see how much money each transaction returns to you.

This means that anyone who consumes through Apple Pay, including programs such as Apple TV, app stores and iTunes content purchases, Apple Care,Apple Music and in-app subscriptions, can get a 3% rebate. It even includes content services such as Apple TV and Apple Arcade, which have not yet been officially launched. So if you pay for Apple's hardware or service, Apple Card is definitely the best channel (equivalent to a 3% discount).

In addition, because Apple Card belongs to MasterCard Credit Card Alliance, MasterCard's related discounts can also be obtained with it.

Apple Card's cash is settled every day. At the end of each day, you will receive a cash incentive from Apple Pay, which can be used for consumption or transfer to your other bank account. "Daily cash back" is much better than other credit card companies, and the interface is more intuitive.

Apple Card does not charge any fees, including overseas transaction fees, annual fees, balance transfer fees, etc. For many people, this is an advantage. Many credit cards have a higher cash-back ratio than Apple Card, but they charge a high annual fee. Relatively speaking, Apple is much more transparent and has no tricks to make users dizzy.

实体卡没有卡号

Apple Card is now open to testers. I am one of the testers invited to try out. Here are some of my experiences after applying for such a card.

Apple Card is in the early stages of launching to users, and the pace of this launch is relatively mild and slow. This afternoon, I received an email from Apple with the title "From today on, please pick up Apple Card".

The e-mail from Apple wrote that users who joined the test today could "use the card in advance" before it was officially launched. They introduced that you would be the first to get the Apple Card, a new credit card created by Apple rather than the bank. Starting today, we will invite you to use Apple Card in advance. You will experience Apple Card first than others. You can help us prepare for its public release.

Once invited, you can click on the application directly in the App for the iPhone wallet. Most of your information is pre-filled based on your Apple ID. For me, I just need to enter the last four digits of my birth date and my social security number. Other information, such as address, phone number and name, is pre-filled based on my Apple ID information. However, I have to input my annual income.

Address and other information directly read Apple ID, in fact, do not need to fill in

After entering all the details, you will see the Apple Card user terms. When you click on consent, your application will be submitted to Goldman Sachs for approval. (Sina Digital Note: Although the propaganda is "new credit cards created by Apple rather than banks", in fact, there are banks behind it.)

After the electronic card is approved, users can apply for the Titanium-made Apple Card physical card, which Apple says will be completed in six to eight working days.

That is to say, the electronic version of Apple Card will be in the hands of users first (this experience is mainly electronic version), which exists in the "wallet" of iOS system, and can be paid online when it is used, or swipe the card in the physical store using the Apple Pay method. The activation process also follows the principle that Apple products are easy to use. Once the user clicks and agrees, Apple Card can be activated on the phone within 30 seconds without calling to activate anything.

On the Approval Quota

Apple provides a clear interface for telling you about credit lines, interest rates and fees. Users can also view detailed card information, terms and so on. Of course, the user can also choose to accept or reject the card after the application is completed.

Because in the internal testing stage. Apple Card is only open to a small number of users, so it's hard to say what credit line Goldman Sachs has approved. They used TransUnion's report as a basis for their assessment.

Apple Card rates range from 12.99% to 23.99%. Because of the Fed's recent interest rate cut, the benchmark interest rate is slightly lower than the figures cited by Apple and Goldman Sachs in their initial propaganda.

After filling in the information, we got a credit card credit line of $4,000.

I got a credit line of $4,000 and a maximum interest rate of 23.99%. Interest rates surprise me a little, but as long as you don't owe, that's not a problem.

As more and more people from different credit backgrounds apply for Apple Card, we may see more information about the probability and interest rate of credit card approval.

Wallet is Apple Card's Core Competitiveness

Apple Card is tightly linked to iOS's "wallet" App, which is responsible for your consumer management. After all, it's iOS system-level App, so you don't need to open other Apps like other banks'credit cards.

Apple Card's virtual card design is also a bit creative, and its color will vary according to the type of money you spend. For example, I recently used this card to shop at Starbucks and App Store, so it looks pink and orange.

The card in the wallet will change color with different consumption types.

As for the payment function, Apple Card can view credit card quotas, statement balances or any other amount. It will also display details of the interest charges associated with each payment option. You can also arrange for automatic transfers to match payday repayments (Sina Digital Notes, payroll and credit card bills are Americans'habit).

Click on the three points in the upper right corner of the Apple Card interface in your wallet to quickly contact customer service personnel via Apple Business Chat, web or telephone. You can also manage your own planned payments here.

You can also view your credit card details here, such as the card number, expiration date and security code. In case you feel that your card number may be leaked, you can also ask for a new card number.

One of my favorite things about the relationship between Apple Card and Wallet App is that the list of transactions is very concise. Many credit card companies use a sophisticated business code to show their consumption (which is hard to check), while the application on iOS displays the name of the business directly, and even shows the time and place of the transaction in a map way.

At present, the experience of checking accounts on the iPad is not as good as that on the iPhone.

But at present, "wallet" is only available on the iPhone, not on the iPad. If you want to view it on the iPad, all Apple Card details are placed in the "Wallet and Apple Pay" section. The experience is not as good as the iPhone. I wonder if there will be a "wallet" app on the iPad in the future.

On the Return of Consumption

Many credit cards issued by banks in the United States can return a certain proportion of cash according to the amount of consumption. Apple Card's return rate is not the highest, but its combination is the best experience so far.

Apple products can get a 3% rebate, Apple Pay products can get a 2% rebate, using physical card shopping can get a 1% rebate. In the wallet application transaction list, you can clearly see how much money each transaction returns to you.

This means that any consumption through Apple Pay, including programs such as Apple TV, app stores and iTunes content purchases, Apple Care, Apple Music, and application-in-application subscriptions, can get a 3% rebate. It also includes content services such as Apple TV and Apple Arcade that have not yet been officially launched. So if you pay for Apple's hardware or service, Apple Card must be the best channel (equal to 97%).

In addition, because Apple Card belongs to MasterCard Credit Card Alliance, MasterCard's related discounts can also be obtained with it.

Apple Card's cash is settled every day. At the end of each day, you will receive a cash incentive from Apple Pay, which can be used for consumption or transfer to your other bank account. "Daily cash back" is much better than other credit card companies, and the interface is more intuitive.

Apple Card does not charge any fees, including overseas transaction fees, annual fees, balance transfer fees, etc. For many people, this is an advantage. Many credit cards have a higher cash-back ratio than Apple Card, but they charge a high annual fee. Relatively speaking, Apple is much more transparent and has no tricks to make users dizzy.

Physical Card No Card Number

There is no card number on the Apple Card of the entity, so you have to go to the wallet application to see the details of the card. For sites that do not accept Apple Pay online payment, the card number is automatically added to Safari to complete the transaction.

Summary:

Apple Card is undoubtedly an interesting choice in the highly competitive consumer finance sector. Many of the discounts are unique to Apple users, and credit cards are tightly integrated with iOS systems, and few competitors can match them. This is the so-called ecological advantage.

Ideally, of course, some of Apple Card's consumer-friendly features, such as daily cash-back, clear transaction lists, and simple bookkeeping, might also make other credit cards learnt quickly.

Over time, I will continue to dig deeper into Apple Card, especially since the physical card is not yet available. In addition, when Apple Card is officially launched, we should be able to learn more details about the credit card approval rate and so on.

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