3 ms·

Capital One is also rumored to be one of the top contenders to replace Goldman Sachs as the bank behind the Apple Card. I wonder if this is related to that.

• gumby 3y ago
  I doubt Apple Card would change to being Discover rather than Mastercard since Discover is accepted by, what, two retailers? I would prefer if Apple switched to Visa since my other visa cards gradually got converted to the less useful Mastercard (supported in the USA, but fewer other places).
  • finfrastrcuture 3y ago
    Mastercard actually has higher coverage internationally.[0] [0] https://wallethub.com/answers/cc/is-visa-or-mastercard-better-for-international-travel-2140831950/ https://wallethub.com/answers/cc/is-visa-or-mastercard-bette...
  • cbhl 3y ago
    While switching to Discover would make Apple Card less useful as a travel credit card and budgeting tool, it would still be useful as a "store credit card" (monthly installments for buying a new iPhone). And it wouldn't be the first time Apple has integrated with Discover -- for example Apple Cash in Wallet used to use Discover prior to 2022 or so.
    • ulfw 3y ago
      In the US yes. Not anywhere else. I've been buying Apple goods in HK with my Apple card for years.
  • acdha 3y ago
    Discover is riskier internationally but in the US it’s really not uncommon - like Amex you might not want it to be your only option but that backup Visa won’t get much use.
  • haswell 3y ago
    > Discover is accepted by, what, two retailers? Discover acceptance is near-universal (at least in the US) as of the late 2000s/early 2010s. After they won a major lawsuit against Visa/Mastercard in the early 2000s for their exclusionary policies, acceptance rolled out widely and the memes about the card are mostly a thing of the past. I've used a Discover card for 99.9% of purchases with extensive travel across the US for the past 15 years or so. Very occasionally a place won't accept it, but it's become a rather surprising thing to encounter.