Credentials for Apple Credit Card is out on the official website : Click here to see the details
Apple’s first ever credit card for iPhones is all set to launch in the United Stated next week. The customer agreement for the Apple Card is shown on the Goldman Sachs website about the ins and outs of its working
Details
The agreement prescribes the eligibility that requires an Apple ID and two-factor authentication, how accounts may be used, credit limit details, eligible devices, returns, payment info, fees (there are none) and more.
The document also details on how interest rates are determined, how daily balances are collected, when interest begins to accrue, how minimum payments are calculated and when payments should be made to avoid interest.
Apple has already introduced the Apple Card in March. It is built into the Wallet app on iPhone, to offer users a familiar experience with Apple Pay and the ability to manage their card on their devices.
The iPhone-maker has partnered Goldman Sachs and Mastercard to provide the support of issuing a bank and a global payments network for Apple Card. Apple Card needs no number, CVV security code, expiration date or signature.
Apple Card simplifies the application process, eliminates fees and encourages customers to pay less interest, Thus it provides a new level of privacy and security.
