Hi Alan I’m glad you posted this because I can say I’m now not the only one.  
Nothing about the highlights I read when I got home motivated any excitement 
for me at all. Nothing about the streaming service or the news service appealed 
to me thus far. As for cards meh I’m good don’t feel the need to have theirs I 
don’t care how new fashioned it seems to be with my name etched onto it and no 
card number or so they said. Like I said nothing they announced called to me at 
all.
Take good care,
Robin


From: Alan Lemly 
Sent: Monday, March 25, 2019 5:21 PM
To: VIPhone Email List 
Subject: Apple Card announcement today and thoughts of the group

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

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