Earlier this year, Apple announced the Apple Card. With Apple already embracing mobile payments with Apple Pay, it didn’t exactly come as a surprise to learn that the company would be launching their own credit card. There is no word on when the Apple Card will be launched, but now according a report from 9to5Mac, it could be launching as soon as this week.
This is based on an upcoming release of the seventh developer beta version of iOS 12.4, and also based on multiple anonymous sources that have reached out to the publication. It is unclear if it will be launching this week, but previously it was also reported that Apple had expanded the testing of the Apple Card amongst their employees, indicating that the Apple Card could indeed be getting close to launch.
For those who are unfamiliar, the Apple Card is Apple’s take on the credit card. It will be made out of titanium and will be supported at shops that accept credit cards. It will also be linked to the user’s Apple Pay account and is backed by Goldman Sachs. One of the advantages to the card is that it has no number and no CVV security code, making it more secure.
There is also no expiry date and there will also not be any late, annual, or international fees. It is set for a launch in the US first, although there are plans to eventually bring it to more markets in the future.