Apple Card might come to Canada soon

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Apple Card
Perhaps Canada will be the second country to get Apple Card.
Photo: Apple

Canadians should start polishing up their credit ratings, as they soon may be able to apply for a shiny new Apple Card.

The US launch of this credit card will happen in the coming weeks. Canada might not be far behind.

Apple filed a trademark application for “Apple Card” with the Canadian Intellectual Property Office this week,

It’s not known when this move will translate into a release of this credit card in Canada. A US debut is scheduled for some time this summer, and the CEO of the bank backing it, Goldman Sachs, has already said he plans to expand its availability to other countries.

The holdup on the US release appears to be iOS 12.4. This upcoming  version is apparently required for Apple Card’s associated application, and it’s still in beta.

The company also submitted CIRP paperwork for the related Apple Cash service, which allows users to send money to each other over via iMessage. This might be making its way up north too.

Apple Card is not your typical credit card

iPhone users can make purchases with Apple Pay, but this requires the store or restaurant to support this type of wireless payment. The Apple Card was created for all the places that don’t.

It’ll be a titanium card that can be handed to store clerk or waiter, accepted anywhere that takes MasterCard.

This service that goes with the Apple Card promises to help users track their purchases and payments in an easy-to-understand interface. The iPhone maker won’t have access to the data, and Goldman Sachs promises to not sell it to anyone else.

There will be no fees for use, aside from interest charges. But there will be cash-back rewards for each purchase. Cardholders can get 2% on the amount of a purchase. That bumps up to 3% cash back on Apple products. The cash-back reward goes right into the Wallet app.

Via The Star