Apple Has Released Its Own Credit Card Today

Apple Pay has been handy for iPhone users as a method of payment lately and now, Apple has its very own credit card.

Released today, the Apple Card is a digital card that lives on your iPhone. It does come with a titanium backup card just in case though.

The Apple Card is backed by Mastercard. You apply and get approved says Ted Rossman, with CreditCards.com.

“What I think is the most unique feature about this card there is no card number printed on the physical card,” Rossman says. “So, when you want to buy something online, you have to go into the app the wallet app on your iPhone.”

“What I think is the most unique feature about this card there is no card number printed on the physical card,” Rossman says. “So, when you want to buy something online, you have to go into the app the wallet app on your iPhone.”

As for the financial bank service, Apple teamed up with Goldman Sachs. The bank says they will not be disclosing your purchase information with Apple or third parties.

Apple Card users will receive 3 percent back when digitally purchasing Apple products; 2 percent back when digitally purchasing any product; and 1 percent back when purchasing a product through the physical Apple Card.

Now the bad news. The Apple Card cannot be used for Androids, which I think we all would've guessed anyway...