How Can I Get Approved For A Apple Credit Card?

What are the benefits of an apple card?

Apple CardCreated by Apple.

Powered by iPhone.

No fees.

Not.

The first credit card that actually encourages you to pay less interest.

Open to read more about Pay Less Interest.

Unlimited.

Daily Cash back.

Get 2% Daily Cash.

Shop with Apple or select merchants and get even more Daily Cash.

Goodbye, plastic.

Privacy and Security.More items….

Is Apple card a hard inquiry?

Applying for the Apple Credit Card does lead to a hard inquiry into an applicant’s credit report, but only at a certain point in the application process. First, Goldman Sachs, the card’s issuer, does a harmless soft pull of the applicant’s credit. Some people may be denied right away based on this soft pull.

Why is Apple card bad?

One of the biggest drawbacks of the Apple Card is that its cash back program is not that rewarding. Cardholders receive bonus cash on Apple purchases: 3 percent cash back on everything you pay from Apple – including Apple Store, apple.com, App Store and iTunes purchases – and 2 percent cash back on Apple Pay purchases.

Can you use Apple card anywhere?

Pay with Apple Card anywhere Apple Pay is accepted, and use the titanium Apple Card or card number anywhere Mastercard is accepted.

What credit score do you start with?

If you haven’t yet built a credit history, there’s no information on which to base that calculation, so there’s no score at all. Once you begin to establish a credit history, you might assume that your credit score will start at 300 (the lowest possible FICO® Score☉ ).

What is a 5 24 rule?

Chase’s 5/24 rule means that you can’t be approved for most Chase cards if you’ve opened five or more personal credit cards (from any card issuer) within the past 24 months.

What credit score do you need for the Apple card?

600A FICO credit score of at least 600, which falls in the fair range, is needed to be approved for the Apple Card.

Do you get an actual card with Apple credit card?

If you applied for Apple Card and your application got approved, you can request a titanium Apple Card upon accepting your offer. Your card is shipped free of charge and a notification is sent to your iPhone when it ships.

How often can you apply for Apple card?

The Path to Apple Card program typically lasts four months, after which you’ll be invited to reapply.

What is the highest credit limit for Apple card?

650 or so / $1500 limit. Approved $40k limit, 12.99%, Some info for statistically minded people: FICO 9 is 836.

Why can’t I get approved for an Apple card?

Applications are approved or denied by Apple’s financial partner, Goldman Sachs, and that institution may reject your application for the following reasons: You’re currently past due or have recently been past due on a debt obligation. … You don’t have sufficient disposable income after you pay your existing debts.

Does Apple card automatically increase credit limit?

Process for requesting a credit limit increase Goldman Sachs does not offer automatic credit line increases on the Apple Card or any specific guidance on the best time to try – it’s up to you to submit your request when you feel ready.

Is it worth getting the Apple card?

The bottom line on Apple Card If you’re an Apple fan who wants to do less with your physical wallet and more with your phone, it’s worth applying. If you’re just looking for another rewards card, look elsewhere.

Is Apple card a good idea?

As of now, getting the Apple Card makes the most sense for you if you already use Apple Pay frequently for purchases and you like the idea of a fee-free card that offers cash-back options. You’ll get the best rewards rate when you spend on Apple Purchases or at the select handful of partner merchants that earn 3% back.

How do I get a higher limit on my Apple card?

Increase Apple Card limit:Open the Wallet app on your iPhone and tap Apple Card.Tap the more (…) button (in the top right corner).Tap the Message icon, this will let you start chatting with an Apple Card Specialist.Request a credit limit increase. Just tell you’d like to request a credit limit increase.

How long does it take for Apple credit card to get approved?

It can take somewhere between 7-10 business days to get approved for the Apple Credit Card. In some cases, you could get immediately approved. If you do, you’ll get an offer with your initial credit limit and APR after applying.