Apple had unveiled the new Apple Card at an event back in March this year. Basically, it was meant to work along with the iPhones for payments using the Apple Pay service. Today, the company has made the Apple Card available to its retail employees and thousands of them can now start testing the card.
This new move by the company comes ahead of the summer launch of the Apple Card in the US and it could actually give the company good feedback from their very own employees about this new card payment system. Apple had made the card previously available to only a few of its corporate employees but now it has expanded this availability to its retail employees under the internal beta program which was launched this week.
The Apple Card can be used both physically and digitally at the places where they accept Apple Pay in the US. The users won’t have to pay any additional cost or fees when they have to have to pay back their credit. Users can also opt for multi-month plans where they can pay the dues with zero interest fees.
Users will also get guaranteed cashback when they transact through Apple Card and they can also check all of their transaction history in the Apple Pay App. For the retail employees, Apple will be charging an APR in the range of 13.24 percent and 24.24 percent. This would be the same for consumers too when Apple will launch the Apple Card officially for everyone in the United States this summer.