Bloomberg: Apple Card credit card will launch in August

Apple will finally launch its Apple Card credit card. Initially, the service was supposed to start working this spring, but it

turned out to be not ready, despite six months of testing. Now Bloomberg journalists have learned approximately when the release will take place.

Principle of operation

All owners can get an Apple CardiPhone smartphones through the Wallet application. To do this, they will need to update their iOS to version 12.4. Residents of the United States will be the first to try out the credit card, and in the foreseeable future the list will be expanded to include countries of the European Union and Hong Kong. The release date of the program remains unknown to us, since for this Apple will have to negotiate with local authorities and banks.


Compared to other credit cards, AppleCard has more advanced security systems. It has no CVC/CVV codes, there are no fees, no need to reissue it, and it can be unlocked directly from the Wallet app without having to contact your bank. The Apple Card system can also detect suspicious transactions using advanced algorithms.

The launch of Apple Card should happen in the first half of August.