Also See: Apple News Plus: A Paid Magazine Subscription Service Once you sign up with your iPhone, you can begin to use the Apple card with Apple Pay in a couple of minutes. Key to the usage of this payment option is retail support and it is at 70% in the US, 99% in Australia and a very low figure in Africa obviously. As an incentive to use the payment method, Apple is offering 2% cash back on Apple Pay transactions, 3% on Apple purchases and 1% on physical payments using the Apple Card all on a daily basis. The daily incentive thing gives it a bit of an advantage as opposed to the monthly system in others. Read More: Apple launch its Netflix competition: Apple TV Plus Furthermore, it won’t be charging any penalty interest rate, international fees or annual fees which gives it an edge. I mean who likes extra charges? Also, you can get your issues resolved by messaging the customer care service directly from your messenger. On the other hand, for security, there is no card number, CVV number, signature or expiry date on the card. All of this information is available in the Wallet app locked away with Face ID or Touch ID. The Apple Card will be coming to the US sometime in the third quarter of this year on the Wallet app. However, there is no word on when it will be coming to the other countries yet.