Apple Credit Card

Apple inc has announced about the launch of Apple Credit card in the US market.
The features
1. To have better understanding of the users spending, Apple card will use machine learning and Apple maps to label the transactions with merchant names and locations
2. Customer will receive a percentage of every Apple card purchase amount back as Daily Cash.
3. Unlike other credit cards, there will be no annual fees, no international fees, and no over the limit fees. If the customer misses a payment, there will not be a penalty.

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