I read the Apple news brief about their announced Apple Card today and am curious what others on the list think about it. I'll say up front that my interest in credit cards and similar financial vehicles is first their widespread acceptance at the places I hsop and second the amount of rewards I'm able to earn when using them. To recap the rewards paid by the new Apple Card:
1. Items purchased directly from Apple using the card earn 3% rewards. 2. Items purchased from other places using the card with ApplePay earn 2% rewards. 3. Items purchased using the physical Apple Card without ApplePay earn 1% rewards. I'm pretty sure I've stated the above correctly but please chime in if your understanding is different. I know we have members from all over the world but my experience in the USA with ApplePay hasn't been what I'd call wide acceptance. In fact, Since ApplePay has existed, I've only been able to use it a handful of times at either a McDonald's or Walgreens. So while I agree that 2% rewards for use of the Apple Card is pretty generous, I'm not convinced it will be realizable at the places I shop unless ApplePay becomes accepted in a lot more places than it currently is. I'm curious what others on the list think about the Apple Card. I understand about companies needing to expand their product offerings in order to generate more revenue but I can't say Apple's efforts to expand into News, media entertainment production, and financial services generates a feeling of confidence for me. Alan Lemly -- The following information is important for all members of the V iPhone list. If you have any questions or concerns about the running of this list, or if you feel that a member's post is inappropriate, please contact the owners or moderators directly rather than posting on the list itself. Your V iPhone list moderator is Mark Taylor. Mark can be reached at: [email protected]. Your list owner is Cara Quinn - you can reach Cara at [email protected] The archives for this list can be searched at: http://www.mail-archive.com/[email protected]/ --- You received this message because you are subscribed to the Google Groups "VIPhone" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. To post to this group, send email to [email protected]. Visit this group at https://groups.google.com/group/viphone. For more options, visit https://groups.google.com/d/optout.
