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Apple Card’s Base APR Lowered to 10.99% for Some Cardholders

Following two interest rate cuts by the U.S. Federal Reserve in March, the Apple Card‘s base APR has now decreased from 12.49 percent to 10.99 percent for some cardholders, including MacRumors reader Zed and others on Reddit. This is at least the third time that the Apple Card’s APR range has been lowered since the […]

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Apple Updates Apple Card Privacy Policy to Reflect More Extensive Data Sharing Practices

Apple is updating its privacy policy for the Apple Card because it wants to share more anonymized data with Goldman Sachs, the financial partner that backs the card. Apple plans to share additional data with Goldman Sachs for improving how credit is assigned to new customers. According to TechCrunch, data that is collected is aggregated […]

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Apple Card Assistance Program Will Allow Customers to Skip March Payment Without Interest Due to Coronavirus

New MacBook Air Possible as Early as Next Week Last March, MacRumors received an anonymous tip claiming that Apple would announce new iPad, iMac, and iPod models with three consecutive days of press releases the following week, and that information proved to be two-thirds accurate with new iPad Air and iPad mini models announced on […]

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SIM-Free iPhones Now Qualify for 24-Month Interest-Free Financing With Apple Card

As noted on Reddit, unlocked aka SIM-free iPhone models now qualify for Apple Card Monthly Installments, which allows customers to purchase an iPhone with the Apple Card and pay for it over two years with no interest or fees in the United States. Previously, the installment plan was limited to carrier-activated iPhones.When using Monthly Installments, […]

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Apple Card Users Can Now Export Transactions to Use in Budgeting Apps

When Apple Card launched last year, it didn’t support importing transactions into various budgeting apps, which was a major negative for customers who use Quicken, YNAB, Lunch Money, Mint, and more.As of today, though, Apple has a solution – an option to download a spreadsheet that has all ‌Apple Card‌ data, which can then be […]

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Apple Card’s Interest-Free iPhone Installment Plan Available Starting Today

Apple Card‘s interest-free monthly installment plan for the iPhone is launching in the United States today, as noted by TechCrunch. The plan allows customers to purchase a new ‌‌iPhone‌‌ with ‌the ‌Apple Card‌‌ and pay for it over 24 months with no interest. Customers will continue to get 3% Daily Cash back for the ‌iPhone‌ […]

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Regulators Looking Into Claims of Gender Discrimination in Apple Card Credit Decisions, Goldman Sachs Responds

Goldman Sachs and Apple have become involved in a controversy over credit decisions for Apple Card, amid complaints that those decisions appear in some cases to have been made in a discriminatory manner on the basis of gender, reports The New York Times. The firestorm kicked off late last week when Ruby on Rails creator […]

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Apple Card Owners Will be Able to Purchase an iPhone and Pay Over 24 Months With No Interest Starting Later This Year

During today’s earnings call for the fourth quarter of 2019, Apple CEO Tim Cook announced a new feature that’s coming to Apple Card later this year — fee free iPhone payments. Customers will be able to purchase a new iPhone using ‌Apple Card‌ and pay for it over 24 months with no interest. Customers will […]

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Goldman Sachs CEO Calls Apple Card the ‘Most Successful Credit Card Launch Ever’

The Apple Card was “the most successful credit-card launch ever,” according to Goldman Sachs CEO David Solomon (via CNBC). The quote came from a Goldman Sachs conference call held earlier today, in which Solomon discussed the bank’s new initiatives with its investors. Apple created the ‌Apple Card‌ in partnership with Goldman Sachs and Mastercard, launching […]

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