I think it is a great idea, should cut down a lot on credit card fraud, and I 
plan to get one. I might ditch others. If you’ve ever gone through the hassle 
of having to call in about fraudulent purchases that show up on your credit 
card statement, which has happened to me more than once, well… I can’t wait. 
There’s no number on this thing, no expiration and no special three digit code 
to memorize. Very nice.


Sent from my iPhone

> On Mar 25, 2019, at 2:21 PM, Alan Lemly <wale...@gmail.com> wrote:
> 
> I read the Apple news brief about their announced Apple Card today and am 
> curious what others on the list think about it. I'll say up front that my 
> interest in credit cards and similar financial vehicles is first their 
> widespread acceptance at the places I hsop and second the amount of rewards 
> I'm able to earn when using them. To recap the rewards paid by the new Apple 
> Card:
>  
> 1.   Items purchased directly from Apple using the card earn 3% rewards.
> 2.   Items purchased from other places using the card with ApplePay earn 2% 
> rewards.
> 3.   Items purchased using the physical Apple Card without ApplePay earn 1% 
> rewards.
>  
> I'm pretty sure I've stated the above correctly but please chime in if your 
> understanding is different.
>  
> I know we have members from all over the world but my experience in the USA 
> with ApplePay hasn't been what I'd call wide acceptance. In fact, Since 
> ApplePay has existed, I've only been able to use it a handful of times at 
> either a McDonald's or Walgreens. So while I agree that 2% rewards for use of 
> the Apple Card is pretty generous, I'm not convinced it will be realizable at 
> the places I shop unless ApplePay becomes accepted in a lot more places than 
> it currently is.
>  
> I'm curious what others on the list think about the Apple Card. I understand 
> about companies needing to expand their product offerings in order to 
> generate more revenue but I can't say Apple's efforts to expand into News, 
> media entertainment production, and financial services generates a feeling of 
> confidence for me.
>  
> Alan Lemly
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