Apple Card

Quick Snapshot

• Annual Fee: $0
• APR: 17.74%–27.99% variable
• Rewards: 3% on Apple/select merchants, 2% with Apple Pay, 1% physical card
• Bonus: $75 Daily Cash after $75 spend (limited-time through Jan 12, 2026)
• Best For: iPhone users, Apple ecosystem enthusiasts, Apple Pay users
• Credit Needed: Good to Excellent (670+), some Fair (640+)

Overview

The Apple Card is a unique cash back credit card issued by Goldman Sachs Bank USA that seamlessly integrates with Apple Wallet and iPhone. It offers Daily Cash rewards (paid daily, not monthly), no fees of any kind, and special financing options for Apple purchases. The card comes in both digital and physical titanium forms, with higher rewards when using Apple Pay.

What sets the Apple Card apart is its revolutionary fee structure (no fees whatsoever), daily cash back payouts, and deep integration with iPhone for spending insights and financial management. It's not just a credit card—it's a financial tool built into your Apple ecosystem.

APR Breakdown

• Purchase APR: 17.74%–27.99% variable (as of November 1, 2025)
• Balance Transfer APR: Not available (Apple Card does not accept balance transfers)
• Cash Advance APR: Not available
• Penalty APR: None (Apple Card does not charge penalty APR)
• Intro APR on Purchases: 0% intro APR for 6–24 months on eligible purchases (including Apple Card Monthly Installments)

Note: Industry-leading no-penalty APR policy. 0% financing available on Apple products through Monthly Installments program.

Benefits Overview

Travel Benefits

• No foreign transaction fees
• Zero fraud liability protection
• Emergency card replacement
• Mastercard ID Theft Protection (24/7 assistance)

Everyday Benefits

• Daily Cash paid out daily (not monthly)
• No fees of any kind (no annual, late, over-limit, cash advance, or foreign transaction fees)
• Privacy and security features (unique card numbers for each transaction)
• Titanium physical card with no visible card number
• Face ID or Touch ID required for purchases
• Spending insights with color-coded categories
• Merchant mapping and financial tracking in Wallet app

Lifestyle Benefits

• Apple Card Savings account (high-yield, exclusive to cardholders)
• 0% APR financing on Apple products (12–24 months) with 3% Daily Cash upfront
• Free ShopRunner membership (free 2-day shipping at participating stores)
• Seamless iPhone integration for card management

Rewards & Earning Structure

• 3% Daily Cash back on purchases from Apple (Apple Store, App Store, Apple services) and at select merchants when using Apple Pay
• 2% Daily Cash back on all purchases when using Apple Pay
• 1% Daily Cash back when using the physical titanium Apple Card
• 0% APR financing on Apple products with Apple Card Monthly Installments (12–24 months depending on product)
• Daily Cash deposited daily into Apple Cash card or Apple Card Savings account
• No caps or limits on Daily Cash earned
• Cash back never expires

Select 3% merchants include: Apple, Nike, Uber, Uber Eats, Walgreens, Duane Reade, T-Mobile, Panera Bread, Exxon/Mobil, and growing list of partners.

Welcome Bonus

Limited-time offer (through January 12, 2026): Earn $75 in Daily Cash after spending $75 within the first 30 days of account opening.

Note: Apple Card typically does not offer a permanent welcome bonus, but periodically runs limited-time promotional offers. Check apple.com/apple-card for current availability.

Fees Summary

• Annual Fee: $0
• Foreign Transaction Fee: $0
• Balance Transfer Fee: N/A (not available)
• Cash Advance Fee: $0
• Late Payment Fee: $0
• Over-Limit Fee: $0
• Returned Payment Fee: $0

Industry-leading fee structure: NO FEES OF ANY KIND.

Who This Card Is Best For

Ideal For

• iPhone users who want seamless device integration
• Apple Pay users who can maximize 2% on all tap-to-pay purchases
• Apple ecosystem enthusiasts who regularly buy Apple products/services
• Those buying Apple products (0% financing + 3% Daily Cash upfront)
• Fee-averse consumers who want zero fees whatsoever
• Daily cash back seekers who prefer immediate rewards
• Privacy-focused users who value enhanced security features
• High-yield savings seekers (exclusive Apple Card Savings account)

Not Good For

• Non-iPhone users (requires iPhone and Apple ID to apply and manage)
• Those not using Apple Pay (only 1% with physical card)
• Travel card seekers (no traditional travel protections or lounge access)
• Extended warranty seekers (no warranty coverage)
• Balance transfer needs (not available)
• Authorized user needs (no authorized users allowed)
• Maximum rewards seekers (1% physical card rate is low compared to competitors)

Key Pros & Cons

Pros

• No fees whatsoever (industry-leading fee structure)
• Daily Cash paid out daily, not monthly (immediate gratification)
• 3% back on Apple purchases and growing list of merchants
• 2% back on all Apple Pay purchases (widely accepted)
• 0% APR financing on Apple products (12–24 months) with 3% Daily Cash upfront
• Seamless iPhone integration with spending insights and financial management
• Beautiful titanium physical card with no card number (enhanced security)
• High-yield Apple Card Savings account available (exclusive to cardholders)
• Privacy and security features including unique card numbers for each transaction
• No foreign transaction fees for international purchases
• No penalty APR ever

Cons

• Requires iPhone and Apple ID to apply and manage the card
• Lower rewards (1%) when not using Apple Pay compared to other flat-rate cards
• No traditional travel or purchase protection benefits
• No extended warranty coverage
• Does not accept balance transfers or cash advances
• Limited merchant acceptance for 3% category compared to competitors
• No authorized users allowed
• Physical card has limited functionality (only 1% back vs 2% with Apple Pay)
• Must use Apple ecosystem for card management (no web portal)

Alternatives to Consider

How the Rewards Add Up

Example Annual Value

Assuming you're an active Apple Pay user spending $12,000 per year:

First Year Total Value (with bonus): $351
Ongoing Annual Value: $276

Minus $0 annual fee = $276 net annual value

Compare this to a 2% flat-rate card on same spend: $240/year
Apple Card's advantage comes from 3% on Apple purchases, 0% financing, and no fees.

Apple Card Monthly Installments Example:

• iPhone 15 Pro ($1,199) financed over 24 months
• $1,199 × 3% = $35.97 Daily Cash upfront
• $50/month × 24 months = $1,200 total (0% interest)
• Effective discount: $35.97 + $0 interest charges = $35.97 value

Should You Get This Card?

You Should Get It If...

• You own an iPhone and are deeply invested in the Apple ecosystem
• You primarily use Apple Pay for purchases (maximize 2% earning)
• You frequently purchase Apple products or services (3% back + 0% financing)
• You want zero fees of any kind (no annual, late, foreign, etc.)
• You value daily cash back payouts over monthly
• You appreciate enhanced privacy and security features
• You want access to the exclusive high-yield Apple Card Savings account
• You're buying a new iPhone, Mac, or iPad soon (0% financing is valuable)

You Should Skip It If...

• You don't own an iPhone (required for application and management)
• You rarely use Apple Pay (physical card only earns 1%)
• You want traditional travel protections and benefits
• You need extended warranty coverage
• You want to do balance transfers or cash advances
• You prefer earning higher rewards on everyday purchases (2% flat-rate alternatives exist)
• You need to add authorized users to your account
• You want a web portal for card management (iPhone-only management)

Apply Now

Apply for Apple Card

Application is completed entirely on iPhone through the Wallet app. Instant approval decisions in most cases.

Application Requirements:

• iPhone running iOS 12.4 or later
• Apple ID with two-factor authentication
• iCloud account
• U.S. citizen or lawful resident, 18+ years old

Information accurate as of December 2025. Welcome bonus offers vary and are promotional. Terms and conditions apply. Please visit apple.com/apple-card for the most current information.