Earlier around March 25, 2019, Apple introduced an innovative product, the Apple Card. As per the recent updates, the company is sending invitations regarding a preview program for customers who had signed up so that they will be notified earlier.
Apple Card is a new age credit card service which is available on Apple Wallet app that comes pre-installed on every iPhone. The Apple Card is also available in a physical credit card format. The cards will be issued in partnership with Goldman Sachs, which is an American Multinational Investment Bank. About the preview rollout, it got recently initiated on August 6, 2019, in the United States. The product is being said to be available to the owners later this month.
For the preview selection, the company has not disclosed the count of customers that will be selected for the purpose. Randomly, the customers who will be invited will be notified by the company for the sign-up process. The sign-up process requires an iOS 12.4 that asks for the customer’s address, his birth date, his income level and the last four digits of his Social Security number. This information will be forwarded to Goldman Sachs.
The bank will analyse the information and approve or decline its authenticity in real-time. According to Apple, the process will be quick and is expected to take less than a minute. In this process, a TransUnion credit checker is involved which the customer needs to unlock, in case it is locked.
With this new rollout, the company is not focused to pose any competition to the already existing premium card services like Sapphire Card or American Express Platinum card. The company is actually determined to make the service available to all the iPhone owners and to ease the sign-up requirement which was earlier rigid with these premium credit card options.