The card rewards Apple purchases as well as in-person and online shopping through Apple Pay. It also helps consumers pay off their balances, save money on fees and interest and build their credit over time.
Your credit score won't be impacted if you're declined, or don't accept your offer. Your credit score might be impacted if your application is approved and you accept your offer. You can apply for Apple Card again, but you might receive the same decision.
Maria Adams, Credit Cards Moderator
The Apple Card's credit score requirement is 700+. This means that you need at least good to get this card. While it's possible to be approved with a lower score due to a high income or other positive factors, it's best to not take the risk.
Apple Card is the first consumer credit card Goldman Sachs has issued, and they were open to doing things in a new way. And the strength of the Mastercard network means Apple Card is accepted all over the world.
The limits are determined by the cardholder's credit score, credit age, and income at the time of application. Cardholders have reported credit limits as low as $50 and as high as $15,000. An Apple Card may be shared using Apple Card Family.
The Apple Card is a good credit card that's worth it for people with good credit or better who regularly buy Apple products and services, as well as for iPhone, Mac and iWatch users who are comfortable making purchases using Apple Pay. Owning the Apple Credit Card from Goldman Sachs doesn't have to cost you a thing.
The application process for Apple Card is incredibly straightforward. Once you're invited to apply, you can do so directly in the Wallet app on iPhone. Much of your information will be pre-filled based on your Apple ID. Details like your address, phone number, and name are pre-filled based on my Apple ID information.
Walmart does not currently accept Apple Pay as a form of payment, either in-store or online.
With Apple Card Monthly Installments, you are promising to pay for the total cost of the iPhone by paying your credit card bill each month. If you buy the most expensive iPhone at, say, $60 per month, but only pay $30 a couple of those months, you won't get in trouble.
There have been reports of some being approved with credit scores as low as 620. Therefore, you'll need to make sure you have at least what is considered "fair" credit if you want a decent chance of being approved.
All replies. Hi, Goldman Sachs, the Apple Card issuer and servicer, does a soft pull from TransUnion of your FICO 9 score. If your application is approved you'll get an offer showing your Credit Limit and APR. If you accept the offer, they'll do a hard pull.
Answer: A: No. This is because there are no cash advance features available on the Apple Card. The Apple Card is a credit card and is only available to make purchases.
Your Apple Card will appear as a separate trade line on your credit report labeled APPLE CARD - GS BANK USA or GS BANK USA. It may take up to 45 days from the time of activity for that information to appear on your credit report.
According to Apple, customers with a credit score lower than 600 might not be approved for the Apple Card. This means that some applicants with fair or average credit (scores ranging between 580-669) might be accepted for the Apple Card, while others might be declined.
Determine if you're eligible for the Apple Card
Age and geographic requirements: You must be a U.S. citizen or resident, with a physical U.S. address (not a P.O. box) who is at least 18 years old. A military address is also allowed. You may need to prove your identity with a photo ID.
You shop primarily at stores that don't accept Apple Pay
And while Costco does, you can only use Visa cards there; the Apple Card runs on the Mastercard payment network.
About the titanium Apple Card
The titanium Apple Card1 is laser-etched with the card holder's name and the Apple logo. A white finish is achieved through a multi-layer coating process that's added to the titanium base material.
You can request a titanium Apple Card and use it to pay anywhere in the world that Mastercard is accepted.
Apple states in its “financial health” info that you can make a credit limit request after having your Apple Card for four months, but, according to the support page, Goldman Sachs uses your credit history with Apple Card to inform any request for credit limit increases, and this can take six months or more.
How many credit accounts is too many or too few? Credit scoring formulas don't punish you for having too many credit accounts, but you can have too few. Credit bureaus suggest that five or more accounts — which can be a mix of cards and loans — is a reasonable number to build toward over time.
The credit scores and reports you see on Credit Karma should accurately reflect your credit information as reported by those bureaus. This means a couple of things: The scores we provide are actual credit scores pulled from two of the major consumer credit bureaus, not just estimates of your credit rating.