Does Apple Card Charge Interest or Fees

Apple Card doesn't charge annual fees, but it does have some interest charges to consider.

If you pay your balance in full each month, you won't be charged any interest on your Apple Card. This is because Apple Card doesn't charge interest on purchases if paid in full within the 21-day billing cycle.

However, if you don't pay your balance in full, you will be charged interest on your outstanding balance. This interest rate is a variable rate, which can range from 12.99% to 23.99% APR, depending on your creditworthiness.

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Apple Card is a credit card that's built into the Wallet app on your iPhone, and it's designed to be a more transparent and fair way to borrow money.

You can apply for Apple Card by tapping the "Apply Now" button in the Wallet app and following the prompts.

Apple Card doesn't charge interest on purchases if you pay your balance in full each month.

The variable APR for Apple Card ranges from 12.99% to 23.99%, depending on your creditworthiness.

You'll get a cash advance APR of 24.99% if you use Apple Card to get cash from an ATM.

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The Apple Card charges are straightforward. The minimum payment is either $25 or 1% of the statement balance, plus fees, past-due amounts, and interest – whichever is higher.

You'll never have to worry about hidden fees with the Apple Card, as Apple promises no fees, including annual fees, international usage fees, over-limit charges, and late fees.

The interest rate on the Apple Card is variable, ranging from 13.24% to 24.24% APR.

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The Apple Card comes with a variable annual percentage rate (APR) of 13.24% to 24.24% on outstanding balances.

If you don't pay off your balance in full each month, you'll be charged interest on your outstanding balance, just like with many credit cards.

The interest charges on the Apple Card are calculated based on the outstanding balance, and it's a good idea to pay more than the minimum payment to avoid accumulating interest.

As with any credit card, it's essential to understand the interest rates and fees associated with the Apple Card to make informed decisions about your spending and payments.

The Apple Card is a game-changer when it comes to fees. There are no fees, period. No annual fees, no international usage fees, no over-limit charges, and no late fees.

Apple Card is refreshingly transparent about its fee policy. You won't find any hidden fees lurking in the fine print.

In contrast, American Express Platinum charges a hefty $550 annual fee, which is a significant expense for cardholders.

Discover more: How Much Interest Do Credit Cards Charge