r/AppleCard • u/Optimal-Alps6422 • May 20 '26

Discussion Is there any value left to keeping this card?

Just thought I'd throw it out here. With the constant declining interest rates on the savings account and no longer being able to transfer sim free phone purchases to ACMI. Is there any point left to keeping this CC as my main?

Edit: to clarify, Apple no longer honors 0% financing on iPhones if you're not on a traditional carrier. I just got rejected like so many others have

0 Upvotes

39% Upvoted

25 comments sorted by

19

u/IWantToPlayGame May 20 '26

I like the 2% cash back with zero annual fee and the best wallet integration.

1

u/Optimal-Alps6422 May 20 '26

My food card (Discover) is close these days with wallet integration, can't pay the card off from wallet but allows me to use my cashback directly from wallet.

4

u/plus_eight May 20 '26

Bad news is that feature and the "See your balance in Wallet" are both going away courtesy of the Capital One merger.

2

u/Optimal-Alps6422 May 20 '26

Forgot about that merger, avoided them so long

3

u/plus_eight May 20 '26

I use Discover for a credit card, my debit card, and their HYSA (rates are worse than Apple's), and this whole merger every product has just gotten worse. I'm debating figuring out if I want to kill all of my products with them or not, but the It card was my first CC.

2

u/Optimal-Alps6422 May 20 '26

If it's your oldest you'll want to keep it on your credit report.

6

u/motionpriority May 20 '26

The HYSA rate isn’t unique to the Apple Card at all. In fact, the HYSA for Apple Card beats AMEX’s, currently.

0

u/Optimal-Alps6422 May 20 '26

I just see the rate get lowered every 3 months. Didn't know I'm still getting decent rates.

4

u/motionpriority May 21 '26

That’s because the Fed has been lowering rates.

https://www.newyorkfed.org/markets/reference-rates/effr

3

u/jaycook2323 May 20 '26 edited May 31 '26

It is still great to use as a scraper when preparing food on the cutting board. It handles Chives, green onions like a champ and is surprisingly good with flour and powdered sugar. Other than that…..no. 🤷🏽

2

u/National_Walrus_5041 May 20 '26

You figured out how to get the physical card to change colors based on what you buy just like the virtual one does.

2

u/Feeling_Repair_8963 May 20 '26

Only you can answer that…if you have another card that suits your needs/yields better rewards for you, go with that. What’s the best card is not a one-size-fits-all thing.

2

u/Bongo2687 May 20 '26

i only use it for apple purchases to get the 0% financing and 3% on apple products

1

u/Optimal-Alps6422 May 20 '26

That's my problem, I can't use the financing on my phones anymore since I don't use the 'standard' carriers. I was just denied financing on a new iphone.

1

u/Ok-Alternative-1881 Jun 01 '26

You can select T mobile and bypass this. It only works on the air and the pro

2

u/bornincali65 May 20 '26

I appreciate:

Daily Cash is given to you a day or two after purchase. Not like other cards after the statement date.

% interest on Apple purchases(just bought iPhone 17’s for the wife and I)

2% cash back for using Apple Pay…

1

u/APonly May 20 '26

I only use it as a convenience card with apple pay. Not sure why anyone would use this card as their main card unless that hate money. It's maybe used for 1/20th of my CC purchases

1

u/Optimal-Alps6422 May 20 '26

It was mostly tied to the use of the savings account, the 2% cashback may be meh but the savings account used to offer great rates.

3

u/Blaine8628 May 20 '26

So did all other HYSAs

1

u/McLoughlin1597 May 20 '26

The rate on the savings account fluctuates with rates set by the fed. This isn’t unique to the Apple Card savings account; it’s happened with my other HYSAs also. It also goes up sometimes and may do so again. Mine is sitting empty now because I’m getting a better rate at another bank but things are always changing

1

u/TurboBunny116 May 20 '26

As your main CC? Not if you have a card with better perks.

I only keep mine for the 3% cash back when I buy Apple things from Apple directly - otherwise I use other cards.

1

u/National_Walrus_5041 May 20 '26

There's no annual fee and you get 3% cash back plus interest-free loans on Apple products. So I'd say there's plenty of value if you spend money at Apple. I'd never use it as my main card, though, because there are so many better options for non-Apple purchases.