It made no difference whether I paid with the Chase Visa or Apple Card
Goldman Sachs (NYSE: GS) CEO David Solomon has opined that the launch of the Apple Card
will help the bank to become a leader in consumer banking.
features that could shake up the credit card industry include not charging fees, giving users cash back on purchases, and providing tools for people to better manage their debt.
Built on simplicity, transparency and privacy, Apple Card
has no fees,3 encourages customers to pay less interest, offers an easy-to-understand view of spending and provides a new level of privacy and security.
This launch follows the Apple Card
preview earlier this month, during which a limited number of customers were invited to apply early.
Summary: California [USA], August 20 (ANI): Apple Card
, a special credit card by the iPhone maker, is now live for all customers in the US.
May Bring New Customers, But Analyst Says Effect On Goldman Sachs Will Be Minimal
Apple, the established leader in simplifying user experiences, has put a stake in the ground for what a card experience should look like with the launch of the Apple Card
. By heavily integrating the Apple Card
experience into the Apple Pay app, they are able to make using and managing a card faster, easier and more transparent.
The new Apple Card
offers no fees and cash incentives, but users won't be able to use the card to buy lottery tickets, casino chips or cryptocurrencies.
Summary: Apple started rolling out the new Apple Card
to a few of its customers yesterday ahead of its launch at …
Gene Munster, managing partner with Loup Ventures and a longtime Apple watcher, said Apple Card
adoption is likely to be low in the first year, but that Apple Card
could generate about $1.4 billion of high-margin revenue by 2023, adding about 1.8% to Apple's overall earnings and complementing the much larger Apple Pay business for total payments revenue of $5.38 billion by 2023.