Apple Card Review Quiz

What is one of the main benefits of the Apple Card mentioned in the introduction?

• It offers a high annual fee.

• It provides 5% cashback on all purchases.

• It has no annual fee.

• It offers a welcome bonus.

Why might the lack of a welcome bonus be a disadvantage for the Apple Card?

• It restricts the use of Apple Pay.

• It limits the cashback to 1%.

• It makes the card less appealing to new users.

• It increases the annual fee.

How does the Apple Card's daily cashback feature work?

• Cashback is only available for Apple purchases.

• Cashback is paid out daily as it is earned.

• Cashback is accumulated and paid out annually.

• Cashback is paid out monthly.

What is a potential downside of using the physical Apple Card?

• It has a high annual fee.

• It does not support Apple Pay.

• It offers only 1% cashback.

• It cannot be used for online purchases.

What is a key feature of the Apple Card when financing Apple products?

• It provides 0% interest financing.

• It limits purchases to $500.

• It offers 5% cashback on financed products.

• It requires a high credit score.

How can high credit utilization affect your credit score?

• It can improve your credit score.

• It has no impact on your credit score.

• It can negatively impact your credit score.

• It guarantees a higher credit limit.

What is one of the most valued features of the Apple Card according to the video?

• Its complex reward system.

• Its simplicity and ease of use.

• Its high annual fee.

• Its exclusive travel benefits.

Who might find the Apple Card most beneficial?

• People who prefer cards with high annual fees.

• People who frequently switch between phone brands.

• Individuals who value simplicity and ease of use.

• Users looking for high travel rewards.

What should you ensure before using the Apple Card for purchases?

• That you are using the physical card.

• That you have the funds to pay it off immediately.

• That you have a high credit limit.

• That you are using it for travel expenses.

What is the Apple Card Family feature?

• A way to get a welcome bonus.

• A method to increase the credit limit.

• A way to earn more cashback.

• A feature to co-own the card and add participant cards.