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The Benefits and Drawbacks of Apple Card

The Apple Card is a credit card created by Apple Inc. and issued by Goldman Sachs. It is designed primarily to be used with Apple Pay on an Apple device such as an iPhone, iPad, Apple Watch, or Mac.

apple card
apple gift card

The Apple Card was first introduced in 2019 and has since gained popularity among Apple users in the United States. In early 2022, it had around 6.7 million American cardholders [1].

But what makes the Apple Card different from other credit cards, and is it worth getting one? In this article, we’ll explore the benefits and drawbacks of the Apple Card.

Benefits of Apple Card

1. Easy Application Process

The Apple Card has a straightforward application process. You can apply for the card directly from your iPhone, and you’ll get a response from Goldman Sachs within minutes [2].

The application process is entirely digital, and you can start using the card on your iPhone immediately after being approved.

2. Daily Cashback Rewards

One of the main benefits of the Apple Card is its daily cashback rewards. You’ll earn cashback on every purchase you make with the card, with different percentages depending on the merchant category.

You’ll earn 3% cash back on purchases made directly from Apple, 2% cash back on purchases made with Apple Pay, and 1% cash back on purchases made with a physical card [3].

3. No Fees

The Apple Card has no annual fee, no foreign transaction fees, and no late fees. The only fees you’ll ever have to pay are the interest charges on any balances you carry from month to month.

4. Advanced Security Features

The Apple Card has advanced security features that make it one of the most secure credit cards on the market. The card is linked to your Apple ID, and you’ll need to use Face ID or Touch ID to authorize any purchases. You’ll also receive a one-time-use security code for every online purchase you make with the card [4].

pexels freestocksorg 744461 1 The Benefits and Drawbacks of Apple Card

Drawbacks of Apple Card

1. Limited Availability

The Apple Card is currently only available in the United States. If you live outside the US, you won’t be able to get an Apple Card.

2. Limited Acceptance

Although the Apple Card can be used anywhere that Mastercard is accepted, not all merchants accept Apple Pay. If you don’t have your iPhone with you, you won’t be able to use the physical card at merchants that don’t accept Apple Pay.

3. Limited Credit Limit

The Apple Card has a relatively low credit limit compared to other credit cards. The credit limit is determined by Goldman Sachs based on your credit score and income. If you’re looking for a credit card with a high credit limit, the Apple Card may not be the best choice.


The Apple Card has many benefits, including an easy application process, daily cashback rewards, no fees, and advanced security features. However, it also has some drawbacks, such as limited availability, limited acceptance, and a relatively low credit limit.

Whether or not the Apple Card is worth getting depends on your personal financial situation and your preferences as an Apple user.

You may also be interested in Galaxy S23 Ultra: a more powerful Camera with 200MP


  1. Can I use the Apple Card outside the United States?
    • The Apple Card is currently only available in the United States. If you live outside the US, you won’t be able to get an Apple Card.
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My name is Moumen, a Moroccan resident in Marrakesh. I am an administrator and blogger on the Moumentec website. I work hard to write blog posts that provide what my website visitors need.

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