Apple Credit Card Review | Still Worth it in 2022?
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The Apple Card is going to give you 2% cash back on purchases where you use Apple Pay as well as 1% cash back on all other purchases that do not involve Apple Pay. On top of that you’re also going to earn 3% cash back on all apple purchases which includes the apple retail stores as well as the App Store, apple music, and even Apple TV plus that 3% also applies to a number of brands like Exxon Mobil, Nike, Panera, and several others. Other than that it’s pretty simple. There’s no jumping through hoops or activating cash back categories or redeeming points and transferring points and all of that chaos it’s just straightforward cash back that goes right into your apple wallet and could be spent right from your smartphone and you don’t even have to wait till the end of the month to get your cash back they’re literally going to give it to you in real-time as the transaction happens which really just makes it feel like you’re getting a percentage off of everything.
Applying is probably easier than any other credit card application I’ve ever filled out and takes about two minutes and you’ll have an instant approval the best part is there’s no hard inquiry meaning applying shouldn’t have a negative impact on your credit score which is always an added bonus. But enough about all of that, you all want to know if the apple card is worth it in 2022 and the simple answer is it depends but for most consumers no it is definitely not worth it. For starters, there’s the simple fact that there are just better products that offer better cash back. You’ve got the incredibly popular Citi double cash card that gives you 2% back on everything, the newer SoFi credit card that also gives you 2% back on everything and even allows you to put those points towards investments and other redemption options as well as just taking their cash back and even the newest Wells Fargo active cash card that gives you 2% back on everything as well.
The software and integration with IOS devices for the apple card is absolutely unmatched it is beautiful and easy to use and honestly I would expect nothing less from Apple. It’s just wonderfully designed and makes things like the Wells Fargo app look like a dinosaur from another century. I will say though that like I mentioned earlier, the fancy circle graph thing that they love to show when all the advertisements that is supposedly there to help you pay less interest is honestly ridiculous and promotes really unhealthy spending habits in my opinion.
So yes or no… is the apple card worth it in 2022 I’m gonna go with a solid no. the software is cool and I like the new family sharing features but there’s better alternatives plus in order to get the most value out of this card you’ll need an iPhone that can easily cost over $1000 which even though a lot of us probably already have an iPhone it just seems like an odd requirement in order to get a free credit card. Maybe if those rumors of an apple card plus finally come true I’ll revisit this product but for the time being it’s just not for me.
0:00-Is the Apple Card Worth it in 2022?
2:24-How to GET the Apple Card
4:20-Apple Card Alternatives
6:41-Who is This Card For?
7:46-My FINAL Verdict!
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