The credit card Apple will launch in a few weeks will reportedly make it cheaper for users to make large purchases. Plus, there’s good news for iPad users with an Apple Card.
Apple Card offers features even Apple hasn’t talked about
The Apple Card has already drawn praise for being very consumer friendly, and users will reportedly be able to make large purchases and then pay for them over time without interest payments being added.
All the details on this unannounced feature aren’t available yet, but rival cards like American Express allow their users to pay off big purchases over time for a small monthly fee, rather than paying interest. Goldman Sachs — the bank backing Apple’s card — appears likely to do the same.
This is a benefit Apple didn’t mentioned when it unveiled its credit card in the spring..
Apple Card embraces iPad
One of the highlights of the Apple Card will be an iPhone application that helps users track their purchases and payments in an easy-to-understand interface.
There is no Apple Wallet app for the iPad, but there will be a tablet version of the Apple Card app, according to a new report. This will allow users to keep track of their finances on a larger display.
The Apple Card will debut before the end of this month — company CEO Tim Cook promised that earlier this week.
Source: Bloomberg