New Apple Rewards Visa Card from Apple and Barclaycard
Barclays and Apple introduced a new co-branded credit card – the Barclaycard Apple Rewards Visa credit card. This new card comes with a revised rewards system, financing deals, and with EMV chip-and-pin security.
The new Apple Rewards card gives you three points per dollar spent at the Apple Store, two points for restaurants, and one point on all other purchases. Every 25,000 points are equal to a $25 in Apple Store gift card.
These are rewards. Cardholders also can get access to three tiers of special financing with no interest for purchases made in the first 30 days of activating the card. The card offers 6 months of no interest for purchases under $499, 12 months for purchases of $499-$998, and 18 months for purchases over $999.
The card itself has an embedded EMV chip which is aimed to be standardized in U.S. due to last credit card breaches. Also, the Barclaycard Visa with Apple Rewards card should work with Apple Pay because Barclays and Visa are both Apple Pay partners.
Barclays has a new FAQ on its website detailing the specifics of earning and claiming rewards as well as EMV cards specifics.
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