Apple Cash vs Apple Card: A Comprehensive Comparison

Apple Cash and Apple Card are two distinct services offered by Apple, but they're often confused with each other. Apple Cash is a peer-to-peer payment service that allows users to send and receive money with friends and family.

Apple Card, on the other hand, is a credit card that offers rewards and cashback on purchases. The main difference between the two services is that Apple Cash is primarily used for person-to-person transactions, while Apple Card is used for making purchases and paying bills.

If you're considering which service to use, it's essential to understand the fees associated with each. Apple Cash has no fees for sending or receiving money, but there is a 3% fee for using a debit card to add funds.

The benefits of Apple Card, however, include a 3% cashback reward on Apple purchases and a 2% cashback reward on other purchases made with the physical card.

Apple Cash and Apple Card are two separate services offered by Apple, but they're often confused with each other. Apple Cash is a digital wallet that allows you to send and receive money with friends and family, while Apple Card is a credit card that offers cash back and other rewards.

Apple Card has a physical element, a sleek titanium card with your name engraved on it, which you can use in stores that don't accept Apple Pay. This card is also a digital card that lives on your phone, making it a convenient option for everyday purchases.

The Apple Card offers cash back rewards, with a 3% return on purchases made on Apple products and services, a 2% return on purchases made with Apple Pay, and a 1% return on all other purchases. This is a great incentive for users to make purchases with Apple Card.

One of the benefits of Apple Card is its emphasis on security, making it a strong option for users who value their financial information. The app also encourages users to pay off their balances quickly, minimizing interest charges.

Here's a summary of the rewards offered by Apple Card:

Overall, Apple Card is a solid option for users who want a credit card with rewards and a focus on security.

The Apple Cash Card and Apple Card have some key differences that set them apart. The Apple Cash Card is only available in the United States, whereas the Apple Card is not mentioned as having a geographical limitation.

One key difference is the way you can use each card. The Apple Cash Card can be used anywhere Apple Pay is accepted, giving you a lot of flexibility. The Apple Account Card, on the other hand, can only be used for products and services within the Apple ecosystem.

The Apple Cash Card requires users to be 18 years or older or have permission from a family member through Apple's Family Sharing account configurations. The Apple Card is not mentioned as having any age restrictions.

The Apple Cash Card allows users to load different amounts of money through a credit or debit card, giving you more control over your spending. The Apple Account Card is not mentioned as having this feature.

Apple Card is a non-limiting 2% cash back credit card, but only if the merchant supports Apple Pay, otherwise it's a 1% cash back card, which is low compared to most other card offerings.

There are many other cash back credit cards that match or exceed Apple Card's rewards, often with no annual fee and bonus offers for signing up.

Apple Card is backed by Mastercard and Goldman Sachs, and it acts like a regular credit card with interest rates and up to 3% cash back.

The physical card element is a nice touch, with Apple shipping a sleek titanium card with your name engraved on it, but it's mostly meant for use when a store doesn't accept Apple Pay.

Apple Card is one more card you can use digitally with Apple Pay, replacing your usual bank card from Chase or Wells Fargo.

Convenience and security are two reasons you'd choose Apple Card over other options.

The Apple Card is a credit account backed by Mastercard and Goldman Sachs, with interest rates and up to 3% cash back.

It lives mostly as a digital card on your phone, but you'll also receive a physical card made of titanium with your name engraved on it.

This physical card is for use when a store doesn't accept Apple Pay.

The Apple Card is one more card you can use digitally with Apple Pay, instead of your usual bank card from Chase or Wells Fargo.

Convenience and strong security are two reasons you'd use Apple Card.

The card has a digital and physical version, with the physical one made of titanium and showing only your name and the Apple logo.

With the digital version, you can use it like any other card with Apple Pay.

The physical card can be used to pay in any store that accepts cards, with or without contactless payment terminals.

In the US, this is especially relevant since many stores still don't have contactless payment terminals.

The Apple Card offers cash back on your purchases, with different rates depending on how you pay:

You can pay for your purchases with credit, with interest rates ranging from 12.99% to 23.99% depending on your credit score.

The Wallet app will even encourage you to pay off your debts as soon as possible to minimize interest charges.

Apple has launched the Apple Card, with a limited release in the US, although they have taken steps towards international expansion.

The card is available as part of the Apple Cash and Apple Pay ecosystem.

Peer-to-Peer Payment is a key feature of Apple Cash, allowing users to send, receive, and request money from others through iMessages. It's similar to Venmo, but with some added security measures.

To use Apple Cash for peer-to-peer payments, you must be at least 18 years old and a US resident. You'll also need the latest iOS or WatchOS on your device.

You can send and receive money using Apple Cash across various iOS devices, including iPhone, Apple Watch, iPad, and Mac. It's convenient and easy to use.

To initiate a payment, launch the request in iMessages and confirm with Face ID, Touch ID, or your passcode. This ensures that only you can access your account.

The received cash is stored in a digital Apple Cash card in the Wallet, which you can use to make payments in stores, in apps, or online.