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Hemanth Soni

Apple Card - A credit card by Apple and Goldman Sachs

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A brand new offering by Apple in partnership with Goldman Sachs. It's built into the Apple Wallet app, charges no fees, and provides cash back on a daily basis. For places that don't accept Apple Pay, Apple is also providing a sleek physical titanium card.

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Hemanth Soni
Hunter
The interface on understanding the payment due / interest charged - ouf that's gorgeous. Starting to see some serious efforts on UX in financial services with new entrants (big and small) and I'm excited to see how the market evolves.
Kristofer™
CollageMo
I feel like Apple made this very appealing and oversold some aspects - 2% cash back. Amazing. Larger than almost any card out there. Points that most other cards use is a confusing conversion rate you need to deal with that typically doesn't work out as good as it sounds. - No late fees. Correct. But they still charge 13% - 25% APR. Lots of people are going to get confused here. - Titanium. It feels good tossing down a heavy, metal card when you're paying your bill. AmEx Black proved this. It's going to make people more likely to throw down their Apple card vs using another or paying cash. - Security and customer service: This is likely going to force a lot of other CC companies to up their game in terms of dealing with issues. Today if you have a problem being improperly charged by an App, they refund your money and take it up with the developer. Is that how it will work with payment vendors? Will become very abused, if so.