Daily Trends Now
Daily Trends Now

The Apple Card is Apple's biggest announcement of 2019 so far

The Apple Card is Apple's biggest announcement of 2019 so far

Apple apparently won't have access to any of those information, while Goldman Sachs "promises" not to abuse the privilege of having access to this data.

Apple just announced a new credit card called Apple Card.

However, the next trend Apple starts might not be in phones, but in credit cards.

According to Apple, its digital credit card will have no late fees, no annual fees, no worldwide fees and an interest rate among the lowest in the industry, however the fine print on this last point shows a pretty standard range of interest.

The Apple Card lives in your Wallet app on your iPhone.

The physical card itself is made out of titanium, with the owner's name laser-etched on it.

Which the company has finally launched as "Apple Card". Customers will still have to pay interest, but Apple said that rates charged will be "among the lowest" in the industry.

It's also expected that Apple could one day bundle them together with its other services like Apple Music, iCloud storage and Apple Warranties to offer a discounted super Apple bundle. For instance, users earn 3 percent cash back on any Apple product purchases, and 2 percent back on anything bought with Apple Pay only.

Apple is also quick to specify that there will be "no ads, ad tracking or additional purchases" - which will help distinguish it from the exploitative end of free-to-play games often found on mobile. The Apple Card doesn't offer that.

Apple Card also does not require signatures at point-of-sale terminals for any credit cards. Apple also said for privacy reasons it doesn't track where payments are made and for how much. By moving these crucial details into the digital wallet, Apple hopes to improve security should a user lose their card. More mature and pragmatic than its older millennial forbearers, the cohort is savvy with both finances and technology, survival skills that members gained after watching siblings and parents suffer through the 2008 recession.

Apple Card - what makes it unique?

But there are some skeptics. However, whether it will meaningfully penetrate an already saturated market remains to be seen. But the product's features make it the credit card equivalent of a Red Delicious: relatively ubiquitous and somewhat bland.

But if you're not a developer then you can join the Apple Developer Program, which includes a signup fee of $100.

Apple is partnering with Goldman Sachs and Mastercard to provide the support of an issuing bank and global payments network. "We think the breadth and quality of publications within Apple News+ will encourage more people to discover stories and titles they may never have come across before". Below, a look at some of the social media reaction.


editors' picks

March 28, 2019
Apple Card could launch in the United Kingdom and more countries
New Zealand tech commentator Paul Brislen said it was usually a thrill to hear announcements of new products by Apple. Apple Card is built directly into the Apple Wallet app on iPhones thus giving Apple Pay users a familiar experience.

March 27, 2019
British PM May Lacks Support for Brexit Deal
The amendment was passed , meaning that on Wednesday business in the House of Commons is in the hands of MPs. It means MPs will get a series of votes on Wednesday to find out what kind of Brexit they will support.

March 27, 2019
Two new Nintendo Switch consoles on the way
According to the new report , Nintendo's more powerful Switch won't rival the PS4 or Xbox, but that's not too surprising. Over eight years after taking the world by storm, Nintendo's 3DS line appears to be winding down.

March 26, 2019
Royal commission launched into NZ terror attack
A video of New Zealand's Prime Minister Jacinda Ardern talking to a young Muslim boy who invited her to join Islam has gone viral. The relatives of another two Indian victims opted to have their loved ones buried in New Zealand, a consulate spokesperson said.

March 22, 2019
The Fight to End the Electoral College is Gaining Traction
I guarantee it won't happen for six years", Trump said , referring to his remaining time in office should he win re-election. With the Popular Vote, you go to just the large states - the cities would end up running the country.

March 20, 2019
Apex Legends Season 1 - Wild Frontier and Battle Pass Begin Today
Season 1 of Apex Legends , entitled Wild Frontier , will finally go live tomorrow for all platforms at 10:00am PST/1:00pm EST. Purchasing the pass will also unlock the Lifeline Revolutionary skin, the Wraith Survivor skin, and the Mirage Outlaw skin.

March 20, 2019
LeBron: Lakers a great destination for top free agents
The Lakers led by 11 with under 3 1/2 minutes remaining before the Knicks charged back largely due to their defense against James. The Knicks had a one-point lead with 22 seconds left when James got the ball and waited at midcourt, guarded by Hezonja.

March 20, 2019
California Rep. Devin Nunes Files $250 Million Lawsuit Against Twitter for Defamation
It's not expected to be his last against social media entities and news outlets, who he accused of shadow banning and defamation. President Trump Tuesday slammed Twitter and other media companies, accusing them of backing Democrats .

March 19, 2019
Trump Urges General Motors To Reopen Ohio Plant In Tweet
In the second tweet, President Trump also claimed "much better" automakers are coming to the U.S. Trump added "Toyota is investing 13.5 $Billion in USA , others likewise.

March 17, 2019
With 420-0 vote, House calls for release of Mueller report
Will Hurd, a member of the House intelligence committee, said he believes the resolution should have been even broader. At his Senate confirmation hearing in February, Barr was asked about sharing Mueller's report upon its completion.