The Apple Card continues to be an intriguing credit card option, and right now, some users are being targeted with a compelling signup bonus. Let's dive into the details, plus recap previous offers and explore everything this card has to offer.
Latest Offer: Targeted $300 Signup Bonus
Apple is sending out targeted offers for a $300 signup bonus to select users. To qualify, you must:
- Apply by March 31, 2025
- Spend $1,500 within 60 days of opening the card
This is a targeted offer, so not everyone will be eligible. Check your email for an email titled "Preview your new Apple Card credit limit offer" to see if you've been selected.
[November 2024 Update] Targeted spending offer sent to some cardholders: Earn 3% cashback on purchases between November 6, 2024, and April 30, 2025, after spending $5,000. The cashback increases to 4% after spending $10,000, and 5% after spending $15,000.
[December 2024 Update] The 3% cashback category was expanded to include booking.com (an OTA platform) and Chargepoint (electric vehicle charging stations).
Why Apple Card
Beyond the signup bonuses, the Apple Card offers several unique features that make it an attractive option, especially for iPhone users.
Cashback Rewards
The Apple Card offers a tiered cashback structure:
- 3% cash back on Apple purchases and services (including the App Store, Apple Music, etc.)
- 3% cash back on select merchants using Apple Pay: Ace Hardware, Panera Bread, Exxon/Mobil, Walgreens, Duane Reade, Uber, UberEATS, T-Mobile store purchases, and Nike.
- 2% cash back on all other Apple Pay purchases.
- 1% cash back when using the physical card.
Instant Use and Seamless Integration
- Instant Availability: Upon approval, the card is instantly available for use with Apple Pay.
- Designed for iPhone: Seamless integration with Apple Pay, real-time transaction tracking, and customer service via iMessage.
- Easy Spending Tracking: Automated spending categorization and visually appealing monthly and annual spending reports.
Unique Financial Perks
- Daily Cash: Cashback is credited daily to your Apple Cash card or Apple Card account.
- No Fees and Low Interest (Potentially): No annual fee, late payment fee, cash advance fee, over-limit fee, or international transaction fee. The card aims to offer competitive interest rates, and a missed payment won't drastically increase interest charges.
Security and Privacy
- Advanced Security: The card number is stored securely in the Apple Pay chip, and dynamic security codes are generated for transactions.
- Apple Privacy: Apple does not track your purchase information.
- Virtual Card Number: A virtual card number can be generated for online purchases, allowing you to use it with third-party payment systems like PayPal, Google Pay, and WeChat Pay. Note: only 1% cashback is awarded when using the virtual card outside of apple.
Physical Card Design
- Titanium Card: The physical card is made of titanium and features a minimalist design, without a visible card number, CVV, or expiration date. If needed, this info is dynamically generated.
- Physical Feel: The card weighs around 15g, making it slightly heavier than a typical metal card.
Additional Considerations
- Pairing with Rebate Websites: While some sites like Nike.com directly support Apple Card, you may need to use your virtual card number to earn rebates on other sites.
- Spending Category Colors: The card will change color as you make purchases, allowing you to track how much you've spent in each category. Once repaid, the card reverts back to white
- Online Access: You can now log in and manage your account online, in addition to using your iPhone or iPad.
Overall, if you're looking for a credit card that integrates seamlessly with your Apple devices, offers competitive cashback rewards, and prioritizes security and privacy, the Apple Card is worth considering, especially with the current targeted signup bonus. Be sure to check your email and apply before the offer expires!
