'I’ve owned the Apple Card for 3 months…this is why it sucks.'
These unsatisfied customers aren’t giving the Apple Card much credit — and one writer in the popular discussion forum Reddit Inc. outlined what he describes as some of the most salient problems with the card in a social-media post that has gone viral.
David’s comments come three months after Apple’s hotly anticipated laser-etched, titanium card back by Goldman Sachs GS, +0.37% hit the market. Cardholders and analysts have responded with mixed reviews.
Read more: Apple’s new credit card offers 2% ‘daily’ cash back — what consumers need to know about it “I signed up because I’m interested in maximizing rewards, and I wanted the 3% cash back on App Store and Apple Store transactions. And, I thought it looked cool. I wanted to actually hold it, because it is cool — physically,” he tells MarketWatch. “But it lacks the basic functionality that almost every other credit card has, he claims.
And some others cited the “sexist algorithms” that have been making headlines lately — including from Apple co-founder Steve Wozniak — that have launched an investigation into how the Apple Card determines credit limits and interest rates for cardholders.
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