Apple Card owners have used up $10 billion in credits

Goldman Sachs Bank, which is Apple's partner in issuing Apple Cards, reported on the work of the joint project launched in August. Since its launch on August 20, 2019, and as of September 30, Apple Card owners have been granted loans totaling $10 billion. However, it is not reported how many people use this card.

Apple Card owners have used up $10 billion in credits

It is currently only possible to get an Apple Card in the USA. The main advantage of a credit card from Cupertino residents in the American market is the opportunity to receive cashback in real money every day: cardholders receive 3% on purchases in Apple stores, 2% on other purchases via Apple Pay, and 1% when using a physical card. Special attention was also paid to the functionality of the Apple Card application. Apple Card has created something of a revolution in the banking industry in the United States.

According to Apple CEO Tim Cook, the company will soon launch a special offer for customers: new iPhones can be purchased using an Apple Card in interest-free installments for up to 24 months and receive a 3% cashback.



Source: 3dnews.ru

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