Published 12:29 IST, April 21st 2021
Apple Card Family Sharing: Share the Apple Credit Card with your spouse and children
Apple announced a lot of things at their Apple event, one of them being Apple Card Family. Read on to know more about Apple Card Family and its features.
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Apple announced a lot of new products and services at ir Apple Spring Loed live event. While new iP Pro and new iMacs overshowed everything else just by virtue of how innovative y are, re's something in new Apple services line up that shouldn't be overlooked. Apple Credit card has been changed in many ways to make it more convenient and accessible for users and ir families. Apple has ded Apple Card Family and Apple Card Spouse Sharing in ir credit card program. Re on to know features of new Apple Credit Card.
What is Apple Card Family?
Apple Card Family is a new innovative way for Apple Card users to share it with ir family or spouse. idea behind Apple Card Family Sharing is that it will allow families to track purchases, manage expenses and build a credit score toger as a family, inste of individual credit scores for each spouse. Apple Card Family will be available in US starting from May, as mentioned in official Apple blog.
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Apple Card Family will allow two users to co-own an Apple Card and share ir credit and expenses toger. Apple Card Family also has option to enable parents to share it with ir children, with spending limits. According to Apple, 'Apple Card Family is designed to help Family Sharing group achieve a healthier financial life by making it easy to track spending, all on iPhone and with a single monthly bill.' You can re more about Apple Card Family on Apple' blog here.
Apple Card Family Features
- Apple Card Family users can d up to five people to ir Apple Card Account. All users must be part of same Apple Family Sharing group and over 13 years of age.
- Apple Card can be shared with any eligible ult, above age of 18 as a co-owner, providing opportunity for a couple or family to build a credit history toger and have flexibility of an increased combined spending limit.
- Apple Card can be shared with anyone over age of 13 years as a 'participant' with spending limits. This feature has specifically been me for parents to share with ir children, and to teach m better spending habit, as Apple's blog states.
- Existing Apple Card customers can also merge ir Apple Card accounts, which will give m a higher shared credit limit. Apple Card Family owners will get cashback on ir daily purchases. +
Image Source: Apple Live Event
12:29 IST, April 21st 2021