Last night, Apple revealed that it is becoming a bank. Kind of.
Moving on from Apple Pay, the company revealed that it would be entering the world of credit, with its own Apple Card. The virtual app-based card, Apple said, would provide low fees, lower interest rates, no late fees and actual money back on purchases. You’d even get a fancy titanium credit card for those times when contactless points weren’t available.
Related: Best iPhone
But what did Twitter make of it all? Here are some of the reactions we spotted during and after the show.
A couple of people noticed that this isn’t the first time Apple has mentioned its own credit card. I was two at the time, so I can’t say I have a great memory of it:
Remember when Apple had a credit card in 1986? https://t.co/l2wE6EPIbn pic.twitter.com/tsPHD3jdNO
— Eric Fischer (@enf) March 26, 2019
Still, it’s fair to say that the average person that watches an Apple event was certainly impressed:
Apple really thinks im going to put myself in more debt to get this Apple Card… They are absolutely right ? #AppleEvent
— B (@brynbnlczr) March 25, 2019
And a familiar meme got yet another reworking:
Myself after the announcement of #AppleCard @ #AppleEvent pic.twitter.com/A0KQ6XPRc8
— Lord Ralph ? (@Ralphive) March 25, 2019
…even if some weren’t too optimistic of Apple looking kindly at their current credit rating:
When you apply for that Apple credit card and get turned down pic.twitter.com/F54sIVWIkA
— Jonathan Morrison ??♂️ (@tldtoday) March 25, 2019
Of course, whenever Apple unveils something new, there’s always someone highlighting that it’s been done before.
Apple: We are launching a card that will enable you to pay for stuff.
Everybody: Credit cards have existed since 1950.
Apple Cult: pic.twitter.com/w43gIfzX8N
— Sam Kalidi (@samkalidi) March 25, 2019
And others highlighted that rather than being technologically cutting edge, the lack of contactless on the physical card was weirdly backwards:
Wait for the Apple Card S for contactless. And Apple Card S+ for a tablet sized card. Coming 2020.
— Heath3nZ_Virtual_Assets (@Heath3nZ) March 26, 2019
Aside from these extremely positive and negative viewpoints, some people seemed more on the fence… which is probably the right place to be until more details emerge.
2% daily cash back with Apple Card. Not bad. Not amazing, but not bad. Pretty decent. I might sign up. Maybe. Perhaps. It’s possible.
— Quinn Nelson (@SnazzyQ) March 25, 2019
Speaking of more details, some people were a little sceptical about Apple’s promise of low fees.
Uhhh … #AppleCard IS NOT a low interest credit card. These are terrible rates! pic.twitter.com/ChxMWDJhdm
— Eric Schrader (@theseastacker) March 26, 2019
Which makes the whooping from the audience in the hall a little disconcerting:
People sitting in a room applauding a credit card is exactly a shot from the opening montage of a dystopian sci-fi flick. Congrats on giving me full body shivers, Apple event.
— Anthony Carboni (@acarboni) March 25, 2019
Indeed, not everyone on Twitter was happy with the focus on services in this conference, just looking for simple changes:
Podcasters: Please add a Fiction section to your podcast app
Apple: uh we made a credit card
Podcasters: Just like a Fiction section for podcasts would be great and very easy for you
Apple: we paid Spielberg to yell at Netflix. Does this help?— Joseph Fink ? (@PlanetofFinks) March 26, 2019
And for one person, the Apple Card was one letter too long:
AppleCard is cool but this would be better #AppleEvent pic.twitter.com/h9SknFiRim
— Adam Levy (@adam13vy) March 25, 2019
What do you think of the Apple Card? Let us know on Twitter (where else?): @TrustedReviews.
Editorial independence
Editorial independence means being able to give an unbiased verdict about a product or company, with the avoidance of conflicts of interest. To ensure this is possible, every member of the editorial staff follows a clear code of conduct.
Professional conduct
We also expect our journalists to follow clear ethical standards in their work. Our staff members must strive for honesty and accuracy in everything they do. We follow the IPSO Editors’ code of practice to underpin these standards.
Editorial independence
Editorial independence means being able to give an unbiased verdict about a product or company, with the avoidance of conflicts of interest. To ensure this is possible, every member of the editorial staff follows a clear code of conduct.
Professional conduct
We also expect our journalists to follow clear ethical standards in their work. Our staff members must strive for honesty and accuracy in everything they do. We follow the IPSO Editors’ code of practice to underpin these standards.
