Apple is introducing its own credit card, billed as a fee-free and transparent option designed to help simplify good financial decision making. Here’s what business pros need to know about Apple Card.
Apple recently announced its entry into the credit card industry with the Apple Card, a new credit card it created in partnership with Goldman Sachs.
Unlike traditional credit cards, which exist primarily as physical items with digital features, the Apple Card can be thought of as a digital-first credit card. It’s tightly integrated with Apple Pay, and while there is a physical titanium credit card made available, Apple intends for Apple Card to be used primarily from an iPhone or an Apple Watch via Apple Pay.
The Apple Card has a lot of novel features that could make it an ideal credit card for people who are already invested in Apple’s product ecosystem. This cheat sheet will help explain everything you need to know about the Apple Card, including whether it’s worth considering as a credit card for the corporate world.
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