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Tag: Apple Card


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Apple Card fees pinch retailers’ profits this Christmas

December 12, 2019

Via: Banking Technology

Because the fees incurred by these elite cards are part of the cost of accepting credit cards, it’s the merchant which has to fork out to cover it rather than the consumer. The reason for the higher fees is down […]


Capital and Risk, Credit, Regulations

Apple Card faces investigation over sexist credit limit claims

November 11, 2019

Via: Finextra

On Friday, David Heinemeier Hansson, a prominent technology entrepreneur, complained to his 355,000 Twitter followers that the Apple Card is “such a fucking sexist program” because its “black box algorithm thinks I deserve 20x the credit limit she [his wife] […]


Retail Banking

What sets the Apple credit card apart? It wasn’t created by a bank, company says

September 10, 2019

Via: Market Watch

It has become obvious that Silicon Valley is going to disrupt the banking business. First, it was the likes of Paypal. Then, Facebook FB, +0.68% with the Libra digital currency. And now it’s Apple AAPL, +0.43% with Apple Card. According […]


Capital and Risk, Credit, Retail Banking

This credit card offers better Apple Pay rewards than the new Apple Card

March 27, 2019

Via: Market Watch

The new Apple Card offers only the second-best Apple Pay rewards program of any credit card on the market. The card, unveiled Monday, offers 2% cash back on everything you spend via Apple Pay. But the U.S. Bank “Altitude Reserve […]