Apple Launches Their Own Credit Card – Will You Sign Up?! Get All The Details HERE! – Perez Hilton

Are you down to buy Apple‘s new credit card?!

At their “show time” services event earlier today, Apple announced that they are releasing an unexpected brand new product: the Apple Card.

They claim their credit card will improve some key things about the entire credit card experience, along with fewer fees, lower interest rates, and simpler legalese when it comes time for customers to use it, manage it, and pay.

Also, no wires. Guaranteed. Ha!

As for rewards, Apple is NOT doing a points-based rewards system, instead opting to give cash back in the form of what they’re calling Daily Cash. This money is applied straight to the Apple Card, and can be spent or put on paying down past purchases. Purchases made through Apple Pay will get two percent cash back; purchases at Apple will get three percent. Purchases made with the physical card itself will get just one percent cash back (again, they’re REALLY trying to do away with the physical card!!)

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Apple’s Partners

Apple isn’t going it alone on this new credit card, of course; as  had been rumored the company is partnering with Goldman Sachs for Apple Card. Mastercard will handle payment processing.

The company was able to promise some cool things to customers because of their partnerships with long-standing credit card and businesses: first, the card has “no late fees, no annual fees, no international fees, and no over limit fees.” Whoa!!!

Lower interest rates have Apple promising that the APR rates will range from 13.24% to 24.24% based on each applicant’s credit score. Customers should also note that “late or missed payments will result in additional interest accumulating toward the customer’s balance.” Read the fine print!!!

But privacy continues to be a focal point for Apple, thankfully, with the company revealing that all the spending tracking and habits monitoring is stored directly on the device, and not on Apple’s servers.

Jennifer Bailey, Apple’s VP of Apple Pay, added more (below):

“Apple doesn’t know what you bought, where you bought it, and how much you paid for it … and Goldman Sachs will never sell your data to third parties for marketing and advertising.”

Wasn’t that supposed to be the case with Facebook too?

Poll: Will You Sign Up??

So you tell us, Perezcious readers!!! Will you sign up for the new Apple Credit Card?? Straight to the point (below):

Interesting results!!!! Reactions??

Social Media’s Reaction

Before YOU decide, ch-ch-check out what Twitter is saying about the brand new product (below):

Very insightful!!!

Reactions, Perezcious readers?!

More From The Event

It’s not just a new credit card the world is talking about today… Apple also announced Apple TV+ and some other new developments you might want to know about earlier this afternoon, too!

Ch-ch-check out this quick seven-minute rundown to get completely caught up on what’s new with one of the world’s largest tech companies (below):

Inneresting!!!

What do U think about all these new developments, Perezcious readers?!

Sound OFF in the comments (below)!!!

[Image via YouTube/Apple]

Original Article : HERE ; This post was curated & posted using : RealSpecific

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