Vlad Savov, always ready with the eloquent takes:
Or, maybe, you only give off the appearance of wealth. This being a credit card, the Apple Card is also a symbol for the United States’ addiction to debt, both at the national and personal level. Acquiring and using one may sink you deeper into debt, and any bank that issues a credit card relies on its users’ financial tardiness or illiteracy to generate exploitative interest on unpaid balances. There’s something fundamentally un-Apple-like about trying to profit from people’s weaknesses.
Apple is conspiring with Goldman-Sachs to earn money by preying on the weak and indebted. I don’t like using this line, but there’s no chance in hell that Steve Jobs would’ve signed off on an Apple credit card, especially not one with such predatory interest rates.
Effective immediately, Apple Pay Cash in iOS 12.2 and watchOS 5.2 will not allow sending person to person funded by credit cards other than the Apple Card.
Time is cyclical.