On Monday, Apple made one of its largest forays into services, a change from their usual events regarding new hardware products or OS updates. While the changes to their TV offerings and News app were widely suspected, there was one announcement that raised some curiosity. Apple announced their own credit card, the Apple Card.
Per The Wall Street Journal, we should see a release of a new credit card for Apple, with Goldman Sachs as the banking partner.
With the advent of plastic and especially now mobile wallets, it can become oh so easy to rack up the debt. Credit card companies love to entice us with all sorts of points, cash back offers and more. After that, comes the interest that essentially wipes out the “value” of any of those points. Granted, this may not be an issue for many, who opt to not use credit at all, or pay in full, and that’s great too!
What if there was a way though to stay on top of your spend, earn points/cashback and get those transactions paid off right away? Enter Debitize.
If revolving credit card debt knocks on your door on a month to month basis, it might be time to consider a balance transfer card. Of course, the main focus is to pay it and be done with it, and preferably no new purchases on it. Read more for how this technique can help you potentially save on interest, as well as get out of debt even more quickly.
Wouldn’t it be great if once credit card debt is forgiven, everything just magically goes away, and that’s the end of that? Unfortunately that’s not the case. Granted, the best route is to just pay off your debts on your own, but for some it’s not always that easy.
The bad news is that American borrowing continued to rise. The good news is it was the slowest growth in three months.