Apple: worth a spot in your wallet?
The honest math on the Apple Card: what its cash back earns beyond a plain 2% card and what its protections would cost to buy.
Goldman Sachs · No annual fee · cash back
Earning rates
- 3x Purchases directly from Apple
- 3x Select merchants via Apple Pay
- 2x Everywhere else via Apple Pay
- 1x Physical titanium card or virtual card number (no Apple Pay)
Protections and perks (1)
- No Foreign Transaction Fees — No surcharge on purchases made abroad.
Recent changes to this card's data
2026-09-09 — Apple Card
- Verified accurate — no changes. Fee, all four Daily Cash rates, the select-merchant 3% list, and the no-foreign-transaction-fee benefit re-confirmed against apple.com and learn.applecard.apple. The Goldman Sachs-to-Chase issuer transition is still in progress with no firmer timeline published; Apple Card remains issued by Goldman Sachs today with fees and benefits unchanged during the transition.
2026-08-21 — Apple Card (new card)
- Added new card
apple-card. $0 annual fee (no fees of any kind: no annual, late, over-limit, or foreign-transaction fees), Mastercard, issuer Goldman Sachs Bank USA — Daily Cash is literal cash. (https://www.apple.com/apple-card/, https://learn.applecard.apple/benefits) - Earning rates: 3% on direct Apple purchases (any payment method), 3% at select merchants via Apple Pay (Ace Hardware, Booking.com, ChargePoint, Duane Reade, Exxon/Mobil, Hertz, Nike, Uber, Uber Eats, Walgreens — merchant-specific, so shown but never auto-counted; Apple says the list "may change at any time"), 2% everything else via Apple Pay (treated as the card's working baseline), and 1% with the physical titanium card / virtual card number. (https://support.apple.com/en-us/120400, https://learn.applecard.apple/unlimited-daily-cash)
- Benefits: only the no-foreign-transaction-fee coverage — confirmed no purchase protection, extended warranty, cell-phone protection, or travel/rental insurance of any kind exists on this card (multiple sources agree, not just unfound). (https://www.apple.com/apple-card/)
- Not priceable, so described rather than counted: Apple Card Savings (3.40% APY on Daily Cash balances), Apple Card Monthly Installments (0% APR Apple-hardware financing), and the partner discount bundle (a one-time Uber One trial, Booking.com 2% travel credits in a separate currency, and a Hertz perks bundle).
- Watch item: Goldman Sachs announced in January 2026 it is transitioning the Apple Card program to Chase over ~24 months. The issuer shows as Goldman Sachs today; the card will be re-verified in full once the transition completes, likely 2027-2028. (https://www.goldmansachs.com/pressroom/press-releases/2026/goldman-sachs-announces-agreement-to-transition-apple-card-program-to-chase)
Card data verified against Goldman Sachs on 2026-09-09.
All cards · Compare cards · Find your card