Planning For Apple’s Credit Card? This Could Help You Decide

Ceria Alfonso
Abril 17, 2019

Lewis is optimistic about Apple's ability to grow the Journal's readership despite many competitors being "down on" the new service. "Mobile payments need to evolve their value proposition to get consumers to switch from their plastic card payments".

With its new credit card Apple is betting that younger consumers will value convenience and privacy over generous cash rewards.

The move comes as mobile payments are poised to get a boost from efforts in the USA to encourage retailers to accept tap-to-pay cards, which use the same near-field communication technology as Apple Pay. That's why users will not have to move about this card all the time.

But many investors have been uneasy with Goldman growing its unsecured consumer debt, especially at a time when many speculate that a recession could be looming, said UBS analyst Brennan Hawken.

CEO Tim Cook took the stage at Steve Jobs Theater on Monday to announce the Company's latest innovation: Apple Card. Apple would cater to those with low scores as well, but at higher rates.

Apple will generate revenue from the interest income from the outstanding balance as well as transaction fees. As such, the scheme will strengthen brand loyalty among Apple customers. Getting 3% cash back on your numerous Apple purchases would be a big boon, and for all other purchases, you're already well accustomed to waiving your phone over the point-of-sale device at checkout.

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Apple News+ was launched in the U.S. and Canada in English and French and will be available later this year in Britain and Australia, the company said. Now I pay $12 a month for Hulu's ad-free on demand plan, $13 a month for Netflix's standard plan, and for some reason my old TV provider login still works so I can watch every network and premium channel's content in their various apps. Bearing no numbers whatsoever, the physical card also contributes to Apple's objectives to keep everything more secure. "But given that Gen Z values practicality, independence and change in other aspects of their lives, Apple Card may be perceived as something that makes them "feel good feels" about how their finances are doing and about the life they're living".

According to John-Kurt Pliniussen from the Smith School of Business at Queen's University in Kingston, Ont., credit card companies will start competing with Apple from now on in order to match what the tech giant is offering.

Now with the streaming business, Apple seems keen to tap into another segment that too can be considered to be linked to the hardware it sells. But it is not to be underestimated. And when you notice an exciting title in one of the stories, then it is highly possible she was behind it!

Additionally, the card won't charge users for global transactions as well.

How to Activate the Apple Card on iPhone? This physical card would be usable anywhere in the world hassle-free.

It appears as though Apple TV Channels won't be quite as comprehensive as Prime Video Channel Subscriptions, but my hope is that it'll get there.

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