FlyerTalk Forums - View Single Post - Apple and Goldman Sachs to partner on new credit card
Old Mar 26, 2019, 8:04 pm
  #50  
gsxsilver
 
Join Date: Jun 2014
Posts: 207
Originally Posted by tmiw
I mean, the 1% for non-Apple Pay purchases is pretty poor for a cash back card. Something like Citi DC or Fidelity's card would be better for someone from the general public, even if it takes a billing cycle to get the cash back credited.
Credit card is not an efficient market; otherwise any sub 2% card won't exist. The 1.5% freedom unlimited seems to be co-existing pretty well with both of the 2% visa and mastercard. No reason the apple card can't be successful with its 2%/1% reward structure.
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