kilomonk
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Apple Card offers simplified and secure Goldman Sachs-backed credit card with daily reward...
I did quick calculations based on the sliding payment vs. monthly interest app mockup they showed at 33 minutes into the event.
(Total balance $1682.55 less payment of $375, interest charge of $22.00 on the balance) which suggests an annual interest rate of 20%! The Apple presenter focused on no late fees, annual fees, international fees and over-limit fees and avoided the interest rate issue...
Not that I expected Goldman Sachs to get involved for anything less than a windfall profit.
