shahhet2

StrangeDays said:

chemengin1 said:

StrangeDays said:

rob bonner said:

Not trying to be negative on this, really asking.  Why would anyone want this card?  The rate is pretty high, the integrations are interesting but don't really add that much value IMO, and I can use Apple Pay with my existing card.  What is the draw?

2% cash back on NFC, 3% on all Apple products and services, no annual fee. Why wouldn’t I want to use it for my Apple Pay card?

That doesn’t mean I’ll use it for everything, of course. 

The interest rate is quite poor (24% for good credit), but I don’t plan to carry a balance. 

At least 3 cards available today offer 2% cash back on NFC AND non-NFC purchases.

Apple products can often be found on Amazon at equal or lower price than Apple.com and paid with Amazon Credit Card for 5% back.

Itunes gift cards can easily be found online for at least 5% off.

So what's the advantage?

What are the 2% cashback no fee cards?

I don’t buy my Apple gear from Amazon. Nor does that cover App Store, iTunes, iCloud, etc which are 3%. 

So the advantages for me are there. If you’re pretending I’m saying it’s the only card for everybody for all use cases, you’re being silly. 

It has been reported so many times and you are already aware of it.

Citi Double Cashbacks

Soli said:

shahhet2 said:

Soli said:

What a great event and an amazing card. An Apple card that has been desired for years and yet exceeding all expectations of anything discussed. So, of course, people are complaining about it.

MacPro said:

Soli said:

1) It's about time someone stepped up to offer a financial incentive to using Apple Pay.

2) That card looks great and I'm glad there is no signature on it. I never understood why that was ever a thing, like some minimum wage retail employee can gauge whether my sig was forged or wether I was just lazy in signing.

I've never signed any card in years.  I've been asked for my driver's license three of four times by a few intelligent souls in all that time

I'll definitely get one of these.

I haven't signed cards in countless years unless I've been effectively forced to because someone says they can't accept the card without me first signing it… which I've then signed right in front of them. #Security 

There seems to be an inverse relationship to the cost of the product to the requirement for verifying an identity. Maybe it's because stolen cards are most often used for mundane purchases. ¯\_(ツ)_/¯ 

Explain me why would you take this Apple card which gives  2% only  with Apply Pay and 1% on everything else compared to getting Citi Double Cash or Fidelity rewards which gives 2% flat on everything and then adding it to Apple Wallet for all Apple Pay payments as well?
Those cards are available for many many years.

Let's see...

• 3% back on Apple purchases (which is a considerable annual expense). Does Citi Double Cash or Fidelity offer 3%?
• No foreign transactions fees. Does Citi Double Cash or Fidelity offer no foreign transaction fees?
• No late fees. Does Citi Double Cash or Fidelity offer no late fees?
• No penalty interest rate. Does Citi Double Cash or Fidelity offer no penalty interest rates?
• Daily rewards reimbursement. Does Citi Double Cash or Fidelity offer daily reward reimbursement?
• Dynamic app that shows you purchases and spending habits in a non-cryptic format. Does Citi Double Cash or Fidelity offer machine learning in their (assumed) apps with human readable details that one can completely understand in a glance?
• A titanium card that is laser etched and only contains your name. Does Citi Double Cash or Fidelity offer a collectable physical card?

Last, but certainly not least…

• Potentially lower interest rates. Can you guarantee me that Citi Double Cash or Fidelity will absolutely be lower than the Card?

Bonus reason when other HW makers start offering their own card:

• No purchase tracking through Apple.

Perhaps most important is, why do you keep coming at this binary notion that if you have an Card that you also can't have another card. It's great that we can have a physical card that will offer us 2% back (even if you have to wait until you pay off your bill to get it), but it's also great to have rewards right away, lower fees for those that will incur fees, better accounting to help people be more aware of their spending habits, daily rewards, etc. Are you the kind of person that will only use one type of thing and then say everything else sucks simply because the uses don't suit your specific needs as well as someone else?

So getting rewards instantly of few cents to few dollars makes this card great for you?
How much purchase you make that are Apple store purchases and gives additional 1% vs Purchase that you make, which is not Apple pay  and get only 1% return return instead of 2%?
What We are talking are the net effects and not BS like daily vs monthly rewards and you know that already.

If you are in the market for more than one go-to card, them there are far better ways to optimize earnings with various cards.
What We are talking is single go-to card to have.

As far as other items you mentioned(where you incur fees then those people should not even look into rewards when they are already giving away money in to apr) and I don't think you even fall into any of those categories. You just used to make a point.

On side note that physical card is not giving you 2% anywhere.
As far as counting individual benefits, Citi gives 0% apr Balance transfer for 18 months and so on.
We are not here to discuss minor +/-. 

fred stein said:

Smart move by WSJ, to compete with NYT and WP as well as global competitors.

"only select content will be made available to News+ subscribers."
Where Business/Finance content will not be made available.
Do people subscribe to WSJ for Politics/Social/Lifestyle type of news?

DAalseth said:

This I might ne interested in, depending on the price of course. I'm already paying ~$7-$10/mo for games. A flat fee min that range plus the ability to move the game from my iPad to my Mac would be great.

If someone is already paying $5-$10/mo for games on Apple Pay, it may make sense for them.
For people, who are using free games only, will not goto subscription model anyway.
They are also not getting XBox/PS to this one.

It's a glass half full. As a shareholder I would like to see apple come out of this stagnant cycle of iPhone, iPad and Mac.
If you see from other side, iPhone, iPad and Macbook sales are almost constant in terms of units sold over the 4 years.
Yes ASP has went up. higher asp and higher service/other revenue helping apple beat earlier year's results.
Growth has to come back into core products (iPhone, iPad and Mac) as there is limit to how much ASP can user afford.