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Apple-branded credit card rolls out
An Apple-branded credit card designed primarily for mobile use will start rolling out on Tuesday.
New York: An Apple-branded credit card designed primarily for mobile use will start rolling out on Tuesday.
Apple announced the card in March in a partnership with Goldman Sachs.
On Tuesday, some iPhone users who requested a notification about Apple Card will get invites to apply through Apple's Wallet app. The company plans to expand sign-ups more broadly in coming weeks.
The card is available only in the US. The company promises quick sign-ups and the elimination of most fees. Customers typically get 2 per cent cash back when using Apple's app to pay.
Industry experts, though, say that the financial benefits of Apple Card mirror many of those already out there for consumers. What sets Apple Card apart from other cards is its reliance on the iPhone.
