Apple Card Pros & Cons
| Pros | Cons |
|---|---|
| Strong security features No fees Physical credit card available Various spending management features | Must use Apple Pay for the best rewards earnings |
•
Jun 9, 2022
Despite, Does Apple Card build credit?
The card rewards Apple purchases as well as in-person and online shopping through Apple Pay. It also helps consumers pay off their balances, save money on fees and interest and build their credit over time.
Following this, Is an Apple Card hard to get?
A FICO credit score of at least 600, which falls in the fair range, is needed to be approved for the Apple Card. That means subprime borrowers, or people with less-than-perfect credit, can access the Apple Card. This may include consumers who want to build their credit history.
Will Apple Card affect credit score? Your credit score won’t be impacted if you’re declined, or don’t accept your offer. Your credit score might be impacted if your application is approved and you accept your offer. You can apply for Apple Card again, but you might receive the same decision.
Still, What are the negatives of Apple Card? Here are 10 drawbacks to owning The Apple Card.
- You’re tied to your iPhone. One of the main downfalls of the Apple Card is that it limits you in many ways to Apple. …
- The Card doesn’t actually do much. …
- Limited Purchasing Options. …
- Cash Back Rewards. …
- Variable Interest Rate. …
- Lack of Perks. …
- Read the Fine Print. …
- No Travel Rewards.
Does Apple Card hurt your credit?
Your credit score won’t be impacted if you’re declined, or don’t accept your offer. Your credit score might be impacted if your application is approved and you accept your offer. You can apply for Apple Card again, but you might receive the same decision.
Can I get Apple Card with 620 credit score?
There have been reports of some being approved with credit scores as low as 620. Therefore, you’ll need to make sure you have at least what is considered “fair” credit if you want a decent chance of being approved.
How difficult is Apple Card?
The application process for Apple Card is incredibly straightforward. Once you’re invited to apply, you can do so directly in the Wallet app on iPhone. Much of your information will be pre-filled based on your Apple ID. Details like your address, phone number, and name are pre-filled based on my Apple ID information.
Is the Apple Card hard to get?
A FICO credit score of at least 600, which falls in the fair range, is needed to be approved for the Apple Card. That means subprime borrowers, or people with less-than-perfect credit, can access the Apple Card. This may include consumers who want to build their credit history.
What are the pros and cons of the Apple Card?
Apple Card Pros & Cons
| Pros | Cons |
|---|---|
| Strong security features No fees Physical credit card available Various spending management features | Must use Apple Pay for the best rewards earnings |
• Jun 9, 2022
Who is eligible for Apple Card?
To be eligible to apply for Apple Card, you must be 18 years old or older, depending on where you live. You must be a U.S. citizen or a lawful resident with a valid, physical U.S. address that’s not a P.O. Box. You can also use a military address. Your device must be compatible with Apple Pay.
Does Apple Card affect credit score?
Your credit score won’t be impacted if you’re declined, or don’t accept your offer. Your credit score might be impacted if your application is approved and you accept your offer. You can apply for Apple Card again, but you might receive the same decision.
