Finance is an area that most people start taking more seriously once they start thinking about settling down and starting a family. So keeping on top of payments and credit scores is of great importance especially when you have people other than yourself dependent on you.
If you’re an avid Apple product enthusiast, then this new application is definitely something you’ll want to know about, as it will change the way you deal with your finances.
Yesterday Apple announced Apple card as one of the new products that the technology giant has been working on. This innovative new kind of credit card created by Apple has been designed to help customers lead a healthier financial life.
Surely you’re wondering what are the benefits.
According to Apple one of the main features of the Apple card is that it doesn’t carry any fees such as “annual, late, international or over-the-limit fees” as well as lower interest rates.
Jennifer Bailey, Apple’s Vice President of Apple Pay says: “[it’s] designed to help customers lead a healthier financial life, which starts with a better understanding of their spending so they can make smarter choices with their money, transparency to help them understand how much it will cost if they want to pay over time and ways to help them pay down their balance”.
Activity within the card and app is explained clearly with properly-named establishments and exact locations of charges via GPS; and “Daily Cash” rewards show how much you’re earning as a reward for spending with Apple card.
There will also be a physical credit card made with titanium and without any numbers markings, signature or CVV code printed on it. This is a solution for locations that currently do not accept Apple Pay.