Quote:
Originally Posted by Calgary14
Looks like Apple is getting into the credit card business with the Apple Card. I dont think its available in Canada though (yet)
https://www.apple.com/apple-card/
I like the idea of instant cash back as the current reward programs are pretty lame (Aeroplan, Air Miles etc) but I earn 2% on the capital one card for everything so this card would have to match/beat that which doesnt seem likely (if/when it comes to Canada)
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It looks like a good idea only if you’re fully in the Apple ecosystem. You get 3% back for Apple Store & iTunes purchases. It’s 2% if you use ApplePay, but only 1% if paying with the physical card.
It’s tied to your iPhone so you can’t switch because you can’t pay your bill without the phone.