Is Apple Card same as other Credit cards? Check features

Apple recently announced its credit card, which intrigued the Wall Street. Why? When the credit market is glutted with credit cards, what makes it catch the attention? As the company claims, it is smarter. Unlike other credit cards, it helps you keep a tab on your expenses, making you a better manager of your finances. 

You can have a weekly summary or monthly summary of your expenditure. There’s no need to log in to a separate website or app when you want to see how much you are spending. "Your totals are laid out for you in the Wallet app, by week or by month," Apple says on its website. It is also easier to track where you spent. For that Apple Card uses map to track the payment. 

Not just your totals only. Apple Card makes it easy to spot trends in your spending, so you can decide if you want to change them. See a lot of orange? That’s things like lunch and coffee. Green? Must be those tickets to Miami. "The fact that Apple Card lives on your iPhone lets you do things you simply couldn’t do before. Things that actually help you build a healthier financial life," the company stated.

Apple Card gives you daily cash on every purchase you make and there are no limits on the amount you can get. It goes straight to your Apple Cash card in the Wallet app, so you can spend it with a tap.  Apple Cash card can be used on your iPhone, iPad, Apple Watch, and Mac. An Apple Card user can save on interest by clearing balance every month. Apple Card does the math for you when you don't pay on time. 

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Apple Card gives you smart payment suggestions. While credit card payments have random due dates, Apple Card payment is due on the last day of a month, which is easy to remember.