Well, not really. But he managed to put it through most of its paces.
From “Apple rolls out Apple Card Preview to select users,” posted early Tuesday.
I’ve been using the card for a few days on my own device, making purchases and payments and playing around with features like Apple Cash rewards and transaction categorization…
My physical card isn’t here yet so I can’t really evaluate that part of it. But it is relatively unique in that it is nearly featureless, with no printed number, expiration, signature or security codes on its surface.
Want an Apple card of your own? Go here and click Notify Me.
My take: Tim promised titanium. Where is it?
UPDATE. Notify Me is like a traffic light button in Manhattan. Click as often as you like, it makes no difference.
Where’s my invite?
1. I’m an Apple shareholder (like since forever..)
2. I buy loads of Apple products
3. My credit score is 850
4. I didn’t bash Apple’s pricing of the Mac Pro stand
Meanwhile, Nilay Patel over at the Verge has one. Waiting for his review to say the lack of a printed CC # on the card is “user hostile.”
I’m beginning to think someone in Cupertino doesn’t like me. 🙁
@Jeff F: “… My credit score is 850”
Are you serious? If your credit score is 850 I am very impressed. I have been trying to reach that number all my life! I get close, but never have made it to 850. I’ve never met a person who has the 850 score. I assume it is extremely rare to have the max score; and, still don’t understand fully how it is achieved.
It bounces around between 810 – 850 for reasons I can’t discern, but yes, I recently hit the top #.
Some things that may help: I don’t carry balances on my CC. I review my credit reports annually for any errors. I have credit limits that far exceed what I need or use. I don’t switch CC frequently.
Wife hit 850 for a couple months, not quite sure why she did and I didn’t…
But that’s just the score they gave us for free. The score they gave to creditors was probably calculated differently.
Question! “Goldman Sachs” is Apple’s issuing bank. What is Mastercard’s role?
A friend and I were discussing this question and he deduced that Apple handles the UI/software layer (remember most use of your account will eventually be “device” driven, not card driven). GS handles the “financing layer” of transactions and MC handles the “processing layer.” Is this correct? Apple currently is not prepared to offer the entire stack and has to have their alliances with other players who have the needed scale to accommodate the “billion pockets, y’all.”
I keep hoping that Apple one day will move comprehensively into the financial industry. Apple has the cash reserves to do so and can managed the process better than GM did in financing its own cars. This would be an entirely new revenue driven stream. Tim Cook touts “… We believe that we need to own and control the primary technologies behind the products that we make, …”. I believe Apple could do better than GS & MC. MC and GS are not doing the processing layer and financing layers respectively, for “gratis.”
(most) credit cards are on 1 of 2 networks, Visa or MasterCard. The network provides centralized clearing, etc. Similarly, most ATM cards are on either Cirrus or Plus. (And when traveling overseas, it’s important to make sure you know which banks accept which network, in some countries only a few banks are on one network with the other – probably the one you don’t have – being the dominant one. Learned that the hard way.) I think there’s pretty good interoperability between the two networks (credit and debit)these days.
All of Apple’s short instructional videos from today regarding Apple Card: https://m.youtube.com/playlist?list=PLHFlHpPjgk73xa27oT-LdMDCamEOeq587
Jerry W,
There are different max scores, one is 850 and the other is 900, depending on the scoring methodology. I’m guessing Jeff has 850 on the 900 scale which is still an excellent score but not quite the same as hitting the max (which I don’t think is possible).
I learned something – it appears there are some FICO scores that run to 900, but I couldn’t tell you which one I’m being measured against. I’ve never seen anything above 850 FWIW.
My sister is very annal about obligations. Her net worth is measured with 7 zeros. She has never missed a due date on anything and has never had a score above 850.
I’m her opposite.