The Apple credit card is basically a plastic card issued by Apple and given to customers through an online application process. Despite the Apple brand name on the credit card, the actual day-to-day management of the account and whether a customer is accepted are taken care of by Goldman Sachs (as is the case with all cards from the bank). This means that it is easy to apply for and receive an Apple credit card if you are a registered Apple consumer.
However, some customers do get rejected for this card based on the fact that they don't have enough credit in their accounts or even because they were found to be over-limit their limit. In such cases, the customer may have to pay a certain amount as a penalty to make up for their mistake and re-apply.
All credit cards have rules and regulations that must be followed. For example, the credit limit is usually a set limit of money that you can spend in a month. And since Apple's debit card does not accept credit cards, they don't have one, making it difficult to spend as much as you want.
So, what is the deal here? A person gets the Apple card and starts to use it, and then a month later, the company finds out that he has over-spent and cancels the card.
The only way to avoid being rejected and to have a chance of getting a card through a bank is to know what you are going to spend every single month before shopping. If you don't pay your credit card balance every month, the bank will cancel your card. There are several companies that offer credit cards and charge different prices for each type.
The most important thing that you need to know about Apple cards is that, despite what some people may think, they are not just another kind of prepaid credit card. The fees that are charged will be the same as with any other credit card. You will also need to make sure that you are not getting too many transactions done using your card because if you do, your bank will stop processing your account and will cancel it.
A good way to start is by setting a limit on the amount that you want to spend every month. You also need to understand that not every Apple card is accepted by every company. Some of them only accept the iTunes Store. In addition, some only accept the iTunes Store on their website.
Apple cards can make your life easier if you know how to handle them properly. But they are not for everyone.