4 ms·
Innovative privacy features in exchange for sub-par rewards. RIP us North of the border, though.
by bxio 8y ago
Innovative privacy features in exchange for sub-par rewards. RIP us North of the border, though.
- freyir 8y ago2% cash back on all purchases through the phone with no annual fees? I’d wager this is much better than what the majority of Americans currently have.
- jki275 8y agoYes, and 3% for purchases from Apple, 1% for purchases using the physical card.
- freyir 8y agoYes, and 1% isn’t the best rate available, but you could always fall back to another rewards card instead of using the physical card.
- jumbopapa 8y agoThere's multiple 2% cards with no fees.. Citi Double Cash, Fidelity Visa, PenFed Power Cash Not to mention cards like the Chase Freedom Unlimited where 1.5% is closer to 3% when redeemed through their travel portal.
- freyir 8y agoRight. Those are the best unlimited rates you can get, and Apple is matching that rate with their digital card. The downside is that their physical card rate (1%) is not as competitive, but they're trying to nudge people/businesses towards digital payments.
- basch 8y agoCostco's card is 4% on gas and 3% on restaurants and travel. Depending on your spending habits, you are probably better off having 1 general purpose card, and then a card or two from the businesses you spend the most money at (target, amazon, walmart, costco etc) or one that fits your spending profile. The Apple Card might make a good general spending card, but you should still have one that gets you 4-5% somewhere.
- jdlyga 8y agoChase Freedom gives you 5% on rotating categories. That combined with the Uber or Amazon card, you're getting pretty high percentages. Apple's 2% is just not competitive, and they don't even give you a signup bonus. It's basically a privacy card.