After knowing the possible launch date of Apple Card there is a rise in the information available. Prior to the launch, the banking partner of Apple Card, Goldman Sachs, have published the agreement. The Apple Card agreement is available on their website.
Though there are no comments from Apple on the upcoming Apple Card, but the customer agreement uploaded publicly by Goldman Sachs looks legit. The company talks about a lot of things and making the agreement very clear for the users.
No Apple Card with Jailbreak?
Not just that, the user agreement also talks about Jailbreaking warnings. The agreement mentions that if you try to Jailbreak your iPhone, Goldman Sachs can revoke access to your account and also close it.
If you make unauthorized modifications to your Eligible Device, such as by disabling hardware or software controls (for example, through a process sometimes referred to as “jailbreaking”), your Eligible Device may no longer be eligible to access or manage your Account. You acknowledge that use of a modified Eligible Device in connection with your Account is expressly prohibited, constitutes a violation of this Agreement, and could result in our denying or limiting your access to or closing your Account as well as any other remedies available to us under this Agreement.
During an earnings call, Time Cook did confirm that Apple Card will be coming out in August. Also, we got to know that Apple is winding the rewards program in partnership with Barclays.
There is also going to be an official Apple Card app for the iPads. This will make it easy and convenient to access Apple Card data and information from your iPhone or iPad.
The rest of the agreement contains all of the standard legal information. We’ve information about the interest rate range of 13.24-23.24%, the rewards program, no fee approach, and more.