Is the Apple Card a Gift Card? Understanding Its Features

Discover the differences between the Apple Card and gift cards in this informative Q&A video.

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No, the Apple Card is not a gift card. It is a credit card designed by Apple and issued by Goldman Sachs. Unlike gift cards, which are prepaid and have a set value, the Apple Card functions like a traditional credit card with real-time tracking of payments, spending, and rewards. You can use it for various transactions and purchases, both online and in-store.

FAQs & Answers

  1. What is the main difference between the Apple Card and a gift card? The Apple Card is a credit card issued by Goldman Sachs, while a gift card is prepaid and has a fixed value.
  2. Can you use the Apple Card for online purchases? Yes, the Apple Card can be used for both online and in-store purchases.
  3. How can I track my spending with the Apple Card? The Apple Card offers real-time tracking of payments and spending through the Wallet app.
  4. Is the Apple Card widely accepted? The Apple Card is accepted anywhere Mastercard is accepted, allowing for extensive usability.

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