Apple Card earned top marks in the annual J.D. Power U.S. Credit Card Satisfaction Study. Apple/Goldman Sachs beat out their rivals in the Midsize Credit Card Issuer segment, with users liking the benefits, rewards and more.
2022 is the second year in a row Apple Card took home this honor.
Use an Apple Card at certain online retailers and service providers between now and the end of July to earn 4% cash back. It’s a summertime promotion, and the companies involved offer sunglasses, movie tickets, coolers, hotel rooms, etc.
Apple Pay and the Mac-maker’s credit card regularly offer at least 2% cash back for online purchases but some special deals bring larger percentages. Like this one.
Rather than letting existing financial companies handle all its payment processing, Apple wants to bring some of it in-house, according to an unconfirmed report. And the Mac-maker would also like to take on a range of other related services itself.
The goal is to reduce the amount of money Apple has to pay outside companies for financial services.
Apple this week acquired Credit Kudos, a credit checking startup based in the United Kingdom, according to sources familiar with the matter. An update to the Credit Kudos website confirms it is now an Apple subsidiary.
The move has ignited rumors of an upcoming Apple Card expansion into the U.K. Apple fans on the other side of the pond have been eagerly anticipating its arrival since Apple Card first made its debut in the U.S. in 2019.
The iPhone Upgrade Program enables people to get a new Apple handset every year and pay it off in monthly installments, interest free. The monthly payments come from a credit card or a bank account. It’s possible to change which one at any time.
Many people who used the Upgrade Program to get an iPhone 13 want to do this because a bug prevented an Apple Card from being used for this on the handset’s launch day.
Here’s how to switch to a new credit card or bank account for Apple’s installment plan.
Shop at the Apple Store with an Apple Card and you’ll reportedly get double the usual cash back. There has been no announcement, but unconfirmed reports indicate that the usual 3% Daily Cash back jumped to 6%.
Apple Card users who ran into issues while trying to preorder iPhone 13 last month will receive a credit for the 3% Daily Cash they missed out on. Apple said in an email to customers that it apologizes for the inconvenience caused.
To continue receiving Daily Cash on future iPhone payments, Apple Card users can change their monthly payment method through Citizens One.
Cupertino profits from every Apple Pay transaction. And the money comes from big banks that issue the credit cards that get entered into the iPhone’s virtual wallet. Now, the banks are reportedly pushing to have the fees lowered.
And the fact that Apple created its own credit card to complete with the banks only made things worse.