The Goldman Sachs Apple Credit Card is everything that a credit card should be. This credit card is a first of its kind consumer credit card issued by the trusted Goldman Sachs in partnership with Apple.
The Apple card has truly paved the way for how to reinvent the concept of the credit card with some unique features. Perks like daily cashback, low fees, and a lower interest rate from a trusted organization like Apple immediately makes it a hit among different age groups.
If you are looking for a card that helps you make financially healthy choices, then you are in the right place. In this article, we will take a detailed look at the Apple card’s features, fees, and how to apply for the card along with other nitty-gritty. So, let’s start!
Features of the Apple Credit Card
The Apple card is useful for nearly everyone. The Apple card monthly installment makes it easier for anyone to pay for their new Apple products over the course of time, with zero interest.
Every purchase that you make using the Marcus Apple card with Apple Pay, you receive 2% daily cashback, without any limit. The cashback rewards don’t end here. You can also get an unlimited 3% daily cashback at selected merchants like Uber Eats, Apple, Nike, etc.
The unlimited daily cash is for real, and it never expires or loses its value. All the cash gets deposited to your Apple wallet and can be used to pay anywhere and everywhere.
Additionally, Apple has always taken their privacy and security very seriously, and the Apple Card is no different. Advanced technologies like Face ID, Apple Pay, and Touch ID are designed to provide you with the utmost security. Plus, the laser-etched titanium card with no visible numbers on it, adds a whole new level of security.
How to Apply
The application process for the Apple card is simple, and you can wrap it up in a few minutes. However, before starting to apply, make sure to sign in to your iCloud account with your Apple ID. And then, just head over to the Wallet app and select the Apple card to apply.
Next, fill in your details like name, home address, last 4-digits of your social security number, along with your annual income to complete your application.
Once you accept the Apple Card Terms & Conditions, the application goes to Marcus by Goldman Sachs for evaluation. Goldman Sachs might ask you for more information to process your application. Once your application is approved, you have 30 days to accept the offer, and it can be automatically added to the Wallet app on your iPhone.
The eligibility criteria for this Apple Card is quite elaborate. Here’s all that you need to apply for the Apple Credit Card.
- Age should be 18 years or older.
- Should be a U.S. citizen.
- Driver license or State-issued photo ID is mandatory.
- Must Use two-factor authentication with the Apple ID.
- Must own a compatible iPhone.
- Must sign into iCloud with the Apple ID.
- You would have to temporarily lift the freeze if you have any existing freeze on your credit card in recent months to apply for the card.
The Goldman Sachs Apple Card is different from other credit cards. While most of the regular credit cards emphasize on paying the minimum balance, the Apple card does it a little differently. Whenever you are ready to pay, the Apple Credit card estimates the interest you have to pay according to the payment you made.
Plus, the monthly installment is added to the minimum payment, so even if you’ve purchased multiple Apple products, you’ll only have one minimum balance to pay.
Goldman Sachs Telephone Contact
+1 212 902 1000
Head Office Address
200 West Street
New York, NY 10282
The Bottom Line
Other than just cashback and an easy payment cycle with low rates, the Goldman Sachs Apple Credit Card also offers other perks like a weekly summary, the ability to track spending by category, and much more. In a nutshell, it is a simpler, smarter credit card that offers something different than what any other credit card would do.
Note: There are risks involved when applying for and using credit. Consult the bank’s Terms & Conditions page for more information.