Apple Credit Card Interest Rates. Apple Card: Interest Rates, Credit Score, Fees. Most credit cards emphasize your minimum amount due.
Apple's upcoming credit card is promising low interest rates, no fees, and daily rewards, but its competition is still plenty fierce. Apple is planning to launch interest-free Apple Card payment plans for a range of Apple devices, allowing Apple Card owners to purchase new products and then pay for the items over several months. What's the catch: The expected range of the regular interest rate is roughly in line with other cash-back credit cards.
When you go to make a payment in the Wallet app, Apple Card automatically estimates the amount of interest you pay based on the payment amount you choose.
When you're ready to make a payment, Apple Card estimates the interest you'll wind up paying, based on any payment amount you choose.
What's the catch: The expected range of the regular interest rate is roughly in line with other cash-back credit cards. Most credit cards emphasize your minimum amount due. The Apple Card will be available to the general public by the end of the summer and the hype is real.
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