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Goldman Sachs Makes Available Apple Card Customer Agreement

Goldman Sachs Makes Available Apple Card Customer Agreement

The Apple Card credit card is expected to launch sometime in the next few weeks, and card issuer Goldman Sachs has already made the card’s customer agreement available on their website. [PDF]

While most of the details about the card have been leaked – as far as interest rates and the lack of annual fees, transaction fees, penalty fees, and more – this PDF offers a convenient one-stop spot to check out the details of the card.

The agreement includes information about eligibility, how accounts may be used, credit limits, returns, payment info, and much more.

Interestingly enough, but perhaps not surprisingly, the customer agreement expressly forbids the jailbreaking of the iOS device that holds the Apple Card. Jailbreakers run the risk of having their Apple Card account closed.

If you make unauthorized modifications to your Eligible Device, such as by disabling hardware or software controls (for example, through a process sometimes referred to as “jailbreaking”), your Eligible Device may no longer be eligible to access or manage your Account. You acknowledge that use of a modified Eligible Device in connection with your Account is expressly prohibited, constitutes a violation of this Agreement, and could result in our denying or limiting your access to or closing your Account as well as any other remedies available to us under this Agreement.

The agreement also includes info about the Daily Cash back feature, which offers a daily payout when making purchases. (3% on items purchased directly from Apple, 2% on Apple Pay purchases, and 1% on other transactions.)

While we don’t have the space to go into deep details here, rest assured the agreement PDF contains all of the information you’ll likely need about the Apple Card., which is due to debut this month.

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