The Apple Card: Quick and easy sign-up with Goldman Sachs credit check

Apple has released its first credit card, the Apple Card. The card, which was available to select customers on August 6 and was rolled out to consumers nationwide later that month, is backed by Goldman Sachs. The company brought its consumer tech knowledge to bear in crafting the card from sign-up to payment, according to a published report by Yahoo on August 5, 2022.

Apple Card Monthly Installments lets you buy new Apple products, like iPhone, Mac, iPad, and more, and pay them off with interest-free10 monthly payments. (Photo: Forbes Advisor)

The sign-up process for the Apple Card is quick and easy. Using the Apple Wallet app on an iPhone, users can enter their information and complete a credit check in under a minute. Approved users could start using the card for online and contactless purchases immediately. The information provided was used by Goldman Sachs for the credit check and was not collected by Apple.

The card itself is sleek and looks cool. It is made of laser-etched titanium, which is incredibly lightweight. The card was blank outside of the user’s name and some branding, which served as a security feature to prevent duplication of the card number, according to a statement made by Apple.

The Apple Card offered an easy sign-up process, security features, and a visual representation of monthly bills to help users understand and manage their spending.