Apple offers declined customers a ‘Path to Apple Card’

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Apple Card works hand-in-hand with iPhone
If your hopes of becoming an Apple Card cardholder were denied, you could be getting a second chance.
Photo: Apple

Apple and Goldman Sachs are reportedly giving a second chance to people whose Apple Card applications were rejected. The “Path to Apple Card” program explains why they were denied, and gives users a chance to fix the problems.

How get on the ‘Path to Apple Card’

An invitation to join the program will go out by email to those who didn’t qualify for an Apple Card, according to TechCrunch. This will include the reason or reasons why they were denied, along with a list of actions they need to take to qualify. For example, they might be carrying high balances on other credit cards. Or be behind on the payments on other loans. Or just habitually late on payments.

This is based on information coming from Goldman Sachs, who underwrites the Apple Card and decides who receives one. Although Apple is the public face, Goldman Sachs makes the decisions.

If a previously-rejected person decides to join the “Path to Apple Card” and is willing to give Goldman Sachs access to additional financial information, they’ll receive monthly updates on their progress on the list of action items they were sent. If, at the end of 4 months, they’ve completed the list, the person will get a chance to reapply.

More about Apple Card

In 2019, the Mac maker and Goldman Sachs teamed up on an Apple credit card. It’s titanium, and tied to the Apple Wallet app on iPhone.

Like most such, it offers cash back on purchases, which it calls Daily Cash. The standard amount is 1%, though special promotions increase this. The money goes into the user’s Apple Cash account each day. It can be used to make other purchases, or transferred to the user’s bank account.