How do you apply for Apple Card?
At the moment, Apple is slowly rolling out Apple Card availability to a select group of customers who initially filled out the "Notify Me" form on the Apple Card webpage, and is presumably gearing up for a wider release.
Before you try to sign up, though, you'll want to make sure you've installed the latest iOS update (iOS 12.4, which you can download and install via Settings > General on your device). Once you've done that, open the Wallet app, tap the + button, and select the new Apple Card option (if you don't see that option it's not available to you yet). You'll be prompted to enter some personal details, which will be used to appraise your credit status (this should only take a few minutes). If accepted, you'll see an "Accept Apple Card" button pop up, and you'll be free to start using it in your Wallet app on your phone immediately. You'll later receive the physical card in the mail. Also, it's important to note that in order to apply you need to be a legal US resident over 18.
What credit score do you need to be approved for Apple Card?
It's not entirely clear who'll qualify to receive an Apple Card, though it's likely the company will be looking for folks with relatively good credit scores. However, considering APRs will range from 13.24% to 24.24% depending on creditworthiness, credit industry analyst Ted Rossman speculated to CNBC that Apple will probably be making it available to a wide range of users, including people with bad credit. It's also unclear how credit limits will be set, though the user in the Apple Card demo video is offered a 13.24% interest rate with a $10,000 limit.
How is the Apple Card different from Apple Pay?
While Apple Pay has been around since 2014, it essentially serves as a way to tether an existing physical credit or debit card and pay for things digitally using funds from that account via your device. The Apple Card, meanwhile, becomes the credit card itself, and provides the line of credit. Still, the digital transaction process will function in the same exact way for both Apple Card and Apple Pay (e.g., you need to authenticate each purchase via FaceID or TouchID). Of course, Apple Card also comes with a physical titanium version.