Apple made a somewhat surprising announcement during its Show Time event focused on services. The event brought to light a lot of the things we expected: Apple TV+, the company's new star-studded streaming service. Apple News+, their premium publication subscription featuring over three-hundred magazine. Apple Arcade was also announced, the tech giant's first gaming subscription for the App Store. Along with these expected services, they also unveiled a significant and potentially industry-changing update to their Apple Pay service: Apple Card.

Apple Card is the company's first branded credit card, and they are proud of this fact, claiming that the product is "a new kind of credit card. Created by Apple, not a bank." True to Apple's ethos, this is a one of a kind credit card. The most notable features of the card are:

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  • Cash Back (1% using the physical card, 2% using Apple Pay, 3% at Apple)
  • Daily Cash (your cash back is deposited into Apple Cash every day)
  • Smarter spend tracking (know exactly where your money is going)
  • No fees (no annual, cash-advance, over-the-limit, or late fees)
  • Real-time interest calculator (so you pay down your balance faster)
  • Privacy (even Apple doesn't know what you used your card for)

Okay, I'm sold. How do I sign-up for Apple Card?

The expected release of Apple Card is this summer, but Apple has made it incredibly simple to subscribe for updates so you can be sure to be one of the first people in the world to sign up for Apple Card. In order to be one of the first people to get notified, follow these steps.

  1. Head over to this Apple page
  2. Click Notify Me in the top right-hand corner of the page.
  3. Enter your email address.
  4. Click Submit.

That's it! You're ready to receive updates for when Apple Card is ready for you to sign up. Once you receive your notification, fill out the application, and are approved for Apple Card, you'll be able to use it for Apple Pay purchases immediately. Gone are the days of waiting for a physical card to show up in the mail (a titanium, beautifully designed physical Apple Card will also show up in the mail. You just don't have to wait for it anymore). Apple says that they will be notifying everyone through both email and push notification, so keep an eye out!

Our favorite card

Chase Sapphire Preferred® Card

With its sign-up bonus having just jumped to 60,000 points when you spend $4,000 in the first three months, now's the time to add the Chase Sapphire Preferred® Card to your wallet. Even better, future travel and dining purchases earn 2x points per dollar spent and it includes valuable travel benefits like primary car rental insurance. All of these extras make its $95 annual fee easy to justify.

Heads up! We share savvy shopping and personal finance tips to put extra cash in your wallet. iMore may receive a commission from The Points Guy Affiliate Network. Please note that the offers mentioned below are subject to change at any time and some may no longer be available.

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