Apple tries to take a bite out of credit card industry

Apple tries to take a bite out of credit card industry

5 years ago
Anonymous $Dftgs0JzgE

https://apnews.com/0372768f91634e0885bd2d5cb87a60ee

Apple is rolling out a credit card that it says is designed to do things no other card can. So how does it actually stack up?

It looks different from a traditional credit card — there's no number on the front and the users' name is etched in metal. The card expands the company's digital Apple Pay services, marrying the physical card to a virtual one and integrating both with the iPhone. And it comes with a bevy of perks — quick sign-up, elimination of most fees, strong security protections and cash back. But industry experts say they aren't impressed — the financial benefits mirror many of those already out there for consumers.

Apple tries to take a bite out of credit card industry

Mar 26, 2019, 8:20pm UTC
https://apnews.com/0372768f91634e0885bd2d5cb87a60ee > Apple is rolling out a credit card that it says is designed to do things no other card can. So how does it actually stack up? > It looks different from a traditional credit card — there's no number on the front and the users' name is etched in metal. The card expands the company's digital Apple Pay services, marrying the physical card to a virtual one and integrating both with the iPhone. And it comes with a bevy of perks — quick sign-up, elimination of most fees, strong security protections and cash back. But industry experts say they aren't impressed — the financial benefits mirror many of those already out there for consumers.