Apple is starting to ($1,000 at Amazon). But there’s also a physical card you can swipe anywhere, just like a .to sign up for its new credit card. The new is rolling out this month and if you’re on the notify list, you can . The new card is designed to live inside the Apple Wallet app and be used in places that accept Apple Pay via iPhones
Another popular card for tech-savvy shoppers, already on the market in the US, is the Amazon Prime Rewards Visa Signature card, a partnership with Chase bank.
Apple and Amazon are two of the biggest names in tech, and now each has its name on a credit card. So which one is the best? Let’s take a look.
Apple Card FAQ: What you need to know
Aside from the perks like financial tracking, the privacy of no physical number on the card and deep integration with Apple Wallet, the main differences between the two boil down to rewards and usage.
If you buy a lot of stuff from Amazon, that card is probably a better bet. The fact that its rewards are restricted to Amazon points (as opposed to Apple’s cash back) isn’t a big deal if you buy enough from the online retailer.
On the other hand, if you shop primarily at other online and physical retailers that accept Apple Pay, the Apple Card’s 2% cash back is great. It’s also a solid choice if you’re likely to occasionally make a late payment.
It’s worth noting that since the Apple Card’s 3% cash back is restricted to Apple’s own stores, you might get a better deal by buying something on sale at another store (such as Amazon or Walmart). Hardware prices at Apple’s own stores are often higher than other retailers.
The Apple Card looks to have some advantages over what’s available now and could be a valuable addition to the (virtual) wallets of savvy shoppers. We’ll know more when those who were invited to sign up give us feedback.
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