The eagerly anticipated Apple Card is set to launch in the first half of August, a new report claims.
Apple originally promised a “summer” release for the credit card. Given that summer starts in late June and ends late September, this would put it exactly halfway through the season. Just in time for some vacation spending!
The early August date was shared by Bloomberg. While we’ve got no way of confirming this, it does make sense. The main purpose of the recent sixth developer beta of iOS 12.4 is support for the Apple Card. (Although third-party developers testing iOS 12.4 don’t have access to the software related to Apple Card yet.)
Since iOS 13 debuts in September, it makes sense that Apple would launch Apple Card before then.
What makes Apple Card great
The Apple Card was introduced during March’s Apple keynote, where it managed to steal the show.
It aims to be the most consumer-friendly credit card on the market. There will be no fees for using it, aside from interest charges. There will also be cash-back rewards for each purchase. Cardholders can get 2% on the amount of a purchase. That increases to 3% cash back on Apple products. Rewards go right back into the Wallet app. While its interest rates maybe aren’t quite as low as hinted at, and Apple Card doesn’t offer contactless payments without using your iPhone, it does look pretty darn exciting.
Probably the biggest unique selling point of Apple Card is that it makes it easier to track payment and understand your spending. The day, location, amount and time of each purchase are cleanly listed. The physical card itself is also stunning — with a beautiful titanium finish, minimalist design, and laser-etched user name.
Let us know in the comments below if you plan to be among the first people to sign up for the Apple Card.