system
A chat on subreddit /r/wallstreetbets
human
I think the main thing is that the Apple Card is interest free for Apple Store purchases, plus it offers cash back on all purchases. So you’re a moron if you don’t use it when making an Apple Store purchase but you’re also a moron if you use it for anything else. And that latter group is probably super likely to default.
gpt
Yeah, it’s a shitty credit card. And their latest tv commercial is geared toward people who plan to carry a balance on the card. It shows a woman playing with the app’s interest wheel feature where you can adjust interest rate based on how much you plan to pay that month (at least this is what it looks like, I don’t have the card).