You will be redirected back to your article in seconds

Apple Card Launches in U.S. With 3% Cash Back on Apple, Uber Purchases

Apple launched Apple Card, a new credit card tied to iPhones that it’s offering in partnership with Mastercard and Goldman Sachs, broadly in the U.S.

The card, available to all qualified users in the U.S. starting Tuesday, is designed to encourage people to make more purchases from Apple — including apps, games, media content and subscriptions to services like the upcoming Apple TV Plus — and keep them in the iPhone ecosystem: Customers get 3% back on all purchases made directly with Apple. The tech company also is extending the 3% cash-back feature to other merchants, starting with purchases made from Uber and Uber Eats.

Apple Card customers who carry a balance on Apple Card accounts will be charged variable annual interest rates on the balances, ranging from 12.99%-23.99% “based on creditworthiness” (with rates as of Aug. 2). Otherwise, the card doesn’t carry any fees.

The titanium Apple Card — a physical card for shopping with Mastercard merchants where Apple Pay is not accepted yet — doesn’t have a card number, nor does it have a CVV security code, expiration date or signature. The tech company claims that makes it more secure than any other physical credit card. Apple said the security architecture of the card means the company can’t track where customers have shopped, what they bought or how much they paid.

“We designed Apple Card to put privacy and security first,” CEO Tim Cook tweeted Tuesday.

The wide U.S. launch follows the Apple Card’s preview period earlier this month, during which a limited number of customers were invited to apply early.

In addition to the 3% cash back on Apple and Uber purchases, customers will receive 2% Daily Cash every time they use Apple Card with Apple Pay. For purchases made with the titanium Apple Card, customers will get 1% percent Daily Cash. The Daily Cash is added to customers’ Apple Cash card each day and can be used right away for purchases using Apple Pay, to put toward their Apple Card balance or send to friends and family in iPhone texts.

Apple Card is currently available in the U.S. to owners of iPhone 6 smartphones and later. To apply, customers can update to iOS 12.4 on iPhone, open Wallet and tap the “+” icon. Customers who are approved can start using the credit card immediately with Apple Pay in stores, in apps and on websites.

Popular on Variety

More Digital

  • Gabrielle Carteris

    SAG-AFTRA Urges Gavin Newsom to Sign Law Punishing 'Deep Fake' Videos

    SAG-AFTRA National Executive Director David White is urging Gov. Gavin Newsom to sign legislation that institutes penalties for nonconsensual digital sexually explicit videos, also known as “deep fakes.” The legislation, Assembly Bill 602, targets companies and individuals who create and distribute the videos in California without the consent of the individual being depicted. “We urge Gov. [...]

  • Facebook Portal logo

    Facebook Is Launching a Portal TV Device: Here’s What We Know

    Facebook is getting ready to launch a TV streaming device in time for the holiday season, Variety has been able to confirm with multiple sources familiar with the company’s plans. The new streaming hardware will be part of the company’s Portal family of devices, featuring a camera, and combining video chatting with TV viewing and [...]

  • MoviePass card

    MoviePass Shuts Down, With Parent Company Citing Failure to Raise Funds

    MoviePass, the long-struggling theater subscription service, finally appears to be down for the count. On Friday, MoviePass notified remaining subscribers that it would be shutting down the service effective Sept. 14, 2019, because “its efforts to recapitalize MoviePass have not been successful to date,” parent company Helios and Matheson Analytics announced. “The company is continuing [...]

  • Disney Plus - Full Lineup

    How to Browse the Disney Plus Catalog the Company Is Testing in the Netherlands

    Disney began testing its Disney Plus streaming service in the Netherlands this week. Consumers in the U.S. will have to wait until November 12 to get access to the service, but European streaming aggregator JustWatch already makes it possible to browse the catalog available during this beta test. JustWatch is one of a number of [...]

  • JoJo Siwa'The Angry Birds Movie 2'

    Nickelodeon Star JoJo Siwa Gets Her Own Dance-Tour Mobile Game (EXCLUSIVE)

    Fans of JoJo Siwa will be able to join the teen influencer’s dance squad on stage — virtually — in a new mobile game. In “JoJo Siwa — Live to Dance,” players will become part of the Nickelodon and YouTube star’s worldwide tour on her professional dance team and experience what it’s like to be [...]

More From Our Brands

Access exclusive content