Apple recently announced that the Apple Card would launch in August, and right on schedule, the new credit card is becoming available.
Apple Card is launching today to a limited number of users. Apple is selecting a small number of consumers who signed up to be notified about the release of the Apple Card and allowing them to sign up now. The full Apple Card launch will happen later this month and will require iOS 12.4.
Signing up for the Apple Card happens entirely within the Wallet app on your iPhone, and as noted by a report from TechCrunch, the signup process is made easier because much of your information is filled in with details from your Apple ID. As you use your Apple Card, the color of the virtual card in your Wallet app will change to reflect what you spend your money on, like turning orange if you spend a lot at restaurants.
One of the major features of the Apple Card is that it makes it easier to see what you're spending and where you're spending it inside the Wallet app. Apple uses machine learning and Apple Maps to help you see where and when you bought things. And when it's time to make a payment, Apple will show you recommendations on how to pay your balance while reducing or avoiding interest, giving you a minimum payment, a minimum without interest, and a full payment.
Another feature of the Apple Card is Daily Cash. With it, you'll get money every day for the purchases you make with the Apple Card. You get 3% on purchases from Apple, including the Apple Store and the App Store, and you get 2% on any other Apple Pay purchase. Apple will give you 1% on purchases made with the physical Apple Card. That physical card is made of titanium and is meant to be used in places that don't yet accept Apple Pay.
Now that it's finally beginning to roll out to consumers, are you interested in signing up for an Apple Card?