Here is a concise summary of the text:
**Subject:** Apple Card Review
**Key Points:**
1. **Design:** Titanium-made, matte white, laser-cut with name and Apple logo; same size as regular cards but heavier and less flexible.
2. **Activation:** Easy pairing process with iPhone, adding it to the Wallet app.
3. **Features:**
* Extension of Apple Pay for physical transactions.
* Interest rate slider in Wallet app to discourage minimum payments.
* Colorful gradient on the virtual card reflects spending categories.
* Purchase history with location mapping.
* Secured with Face ID; remote deactivation available.
4. **Rewards:**
* 1% cash back on everything (via Apple Cash, redeemable after 24 hours).
* 2% cash back on Apple Pay transactions.
* 3% cash back on Apple Store purchases.
5. **Conclusion:**
* Apple Card is more of a status symbol and an ecosystem trap rather than an exceptional credit card due to average interest rates.
* Integrates well with iPhone's Wallet app, making it convenient for existing Apple users.
Here are the key facts extracted from the text, each with a number and in short sentences:
**Apple Card Facts**
1. The Apple Card is made of titanium.
2. The card is all matte white on the front and back.
3. It has a precise laser cut out with the user's name on the front.
4. The card features an Apple logo, a chip, and a Goldman Sachs and Mastercard logo on the back.
5. The card is the same thickness as a standard credit card but heavier due to being metal.
6. The card is less flexible than standard credit cards, feeling more durable.
**Activation and Usage**
7. The Apple Card is activated by touching the iPhone to the card, prompting an iOS pairing process.
8. Activation adds the card to the user's Wallet app.
9. The card is an extension of Apple Pay, for use in places where Apple Pay is not accepted.
**Wallet App Features**
10. The Wallet app shows how much interest would be paid based on different payment schedules.
11. The app discourages minimum payments with a red color indicator.
12. The app displays a color gradient on the card, changing with each new merchant/category used.
13. Purchase history is available, including transaction details and a map view.
14. The app is secured with Face ID.
**Security and Online Usage**
15. The physical card does not display the card number for added security.
16. No signature is required, as this information is stored in the app.
17. The card number can be accessed in the Wallet app for online form filling.
18. The card can be remotely deactivated from the Wallet app.
**Rewards and Interest**
19. Interest rates range from 12% and up, depending on the user's credit score.
20. The card offers 1% cash back on all purchases, 2% on Apple Pay transactions, and 3% on Apple Store purchases.
21. Cash back is rewarded as Apple Cash, available to spend within 24 hours.