The best credit card for Apple purchases is the Apple Card because it offers 3% on all purchases made directly with Apple. The Apple Card also has a $0 annual fee, and it offers an APR of 0% for 6 - 24 months on certain Apple purchases. It requires at least good credit for approval.
There are a few other credit cards that have a shot at the title of best credit card for Apple purchases, though. You should consider a few different options before picking the one that’s best for your needs.
If you make a lot of purchases with Apple, the Apple Card is probably the best card for you. But if your purchases are less frequent, you may find better long-term value going with a general-purpose rewards card.
The Apple Card interest rate is 13.24% - 24.24% (V). Each cardholder’s APR is selected from that range based on overall credit standing.
The minimum interest rate on the Apple Card is quite low. Many comparable cash back cards have interest rates that start at 15% or higher. But applicants generally need excellent credit and a high income to have a shot at scoring the card’s minimum interest rate. … read full answer
It’s also important to note that the Apple Card interest rate is variable, meaning that it can go up or down with the market. The fluctuations are typically very small, though.
Other Apple Card APRs
Keep in mind that the Apple Card also offers and introductory rate of 0% for 6 - 24 months on qualifying purchases.
The card does not offer any introductory rates on balance transfers, as it does not allow balance transfers at all. There’s no penalty rate for late payments, though you shouldn’t pay late anyway because it will lead to credit score damage. In addition, there is no special APR for cash advances because cash advances are not allowed at all.
Yes, the Apple Card reports to the credit bureaus TransUnion, Experian, and Equifax on a monthly basis. To be exact, your activity will be reported to the bureaus on the third week of each month. That means that the card can help you build credit as long as you pay your bills on time and you stay well below your credit limit.… read full answer
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