We Signed Up For Apple's New Credit Card And Got Instantly Approved: Here's What It Was Like

Screenshot of our newly configured Apple Card, which you can find within the Wallet App after signing up.

Apple recently launched their long rumored foray into mainstream fintech, the so-called Apple Card. We saw it being promoted on Twitter and decided to give it a try—to our pleasant surprise, we were instantly approved, with a fairly reasonable credit line and a slick built-in experience (for iPhone) to track purchases and pay our statements.

How do you sign up for an Apple Card, and what was the process like? You open the Wallet App on a newer iPhone, and click the “+” icon in the upper right hand corner to begin the application process. If an approval is available, you Accept the offer presented to you, and within minutes the new Apple Card is added to your Wallet.

From that point, you can begin using the new card from your phone immediately at merchants that accept Apple Pay, or you can request (free) to have a custom card sent to you in the mail as well. It is a MasterCard with your name custom engraved, in typical Apple minimalist fashion, and arrives in about 3 to 5 business days after requesting it.

Overall, FULCRUM was impressed with the speed of sign-up and integration with the iPhone’s Wallet App. This is a solid bridge to the new world of “fintech” money apps and makes the iPhone a more useful financial device when on the go, for sure, but we still wish Apple had gone pro-crypto as rival smartphone maker Samsung has… Samsung’s Galaxy S10 and all future Samsung smartphones are expected to have Samsung’s wallet app available, which allows users to store Bitcoin and Ether on their smartphones.

In the meantime, the Apple Card is a good example of how consumers can move away from traditional banks, and instead get many of the same—or similar—financial products from Big Tech instead.

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