https://www.cnet.com/news/apple-introduces-new-apple-card-a-virtual-credit-card/ > The tech giant said it sought to toss out many of the things people don't like about credit cards by doing away with late fees, annual fees and international fees, as well as penalty interest rates.  > "While we all need them, there are things about the credit card experience that could be so much better," Apple CEO Tim Cook said at a press event Monday while introducing Apple Card.