If you have theApple Card*, you may see some changes soon.
But don’t worry just yet, as they could be welcome ones.
“I certainly think that there’s an opportunity for the product to be revamped,” Cabell said.
“It does not have the rewards and benefits of some of the most attractive card products out there.
That’s not its strength, so there’s an opportunity to improve in a change like this.”
What does this mean for Apple Card users?
Right now, nothing is changing for Apple Card users.
However, if a deal is finalized, you should be notified about changes to your card.
It also means you’ll pay a new bank when your credit card bill comes due.
However, the things most people love about the Apple Card are unlikely to change, according to Cabell.
It’s rare to find a credit card that offers both balance transfer opportunities and rewards.
Should I start looking for a new credit card?
What should I do if I carry a balance on my Apple Card?
“There’s no certainty of [this deal going through],” Cabell said.
Thebest budgeting appscan help you get started and incorporate arepayment strategythat works for you.
This promotional period tends to last anywhere from 12 to 21 months, depending on the card.
Thebest personal loanscan offer lower interest rates and provide longer payoff periods.
If you’re juggling multiple cards with balances, you canconsolidate debtand make one monthly payment.
When will the Apple and Chase deal close?
It’s also not guaranteed that Chase will take over the Apple Card.
Is Chase a good bank for credit cards?
Chase offers some of thebest credit cardson the market for all kinds of people.
“Chase is about as versatile of an issuer as anybody out there.
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