Apple-branded credit card rolls out to some on Tuesday
NEW YORK (AP) - An Apple-branded credit card designed primarily for mobile use will start rolling out on Tuesday.
Apple announced the card in March in a partnership with Goldman Sachs. On Tuesday, some iPhone users who had requested a notification will get invites to apply through Apple's Wallet app.
The company is expected to expand sign-ups more broadly in coming weeks. The company promises quick sign-ups and the elimination of most fees. Customers typically get 2 percent cashback, but industry experts say the financial benefits of Apple Card mirror many of those already out there for consumers.
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What sets Apple Card apart from other cards is its reliance on the iPhone. Though customers can request a physical card for free, an iPhone is required to apply, check statements and pay balances.