Whether you’ve been an Apple loyalist since the first generation Macintosh computer or you’ve been unable to resist the bandwagon and recently made the switch from PC or Android, these are the best credit cards for Apple purchases.
The cultlike devotion to all things Apple is unwavering.
Lineups for the newest generation of iPhone still round the block on release day and the faithful attend the company’s annual conference by the hundreds at the mere suggestion of a groundbreaking product announcement.
Whether you’ve been an Apple loyalist since the first generation Macintosh computer, you’re eager to try out the new iPhone 12 or you’ve been unable to resist the bandwagon and recently made the switch from PC or Android, these are the best credit cards for Apple purchases.
Best credit cards for Apple purchases
Obviously, you have to start with the namesake credit card, the Apple Card. But this isn’t just your standard corporate branding. Apple seems set on changing credit cards in the same way it changed phones and personal computers. The card has features that may actually change the way people pay for things while making their financial lives easier and more freeing.Whether you get the actual titanium card or it just lives virtually on your phone and you use Apple Pay, the card’s whole infrastructure is inside an app and nowhere else. The cash back feature, known as Apple Pay Daily Cash, is very flexible. Redemption isn’t limited to a statement credit or a certain type of purchase, like travel, as it is with other cards. Instead, cash back functions like virtual cash that can be put toward any kind of purchase, including your bill, at any time you decide to use it.
Interest is estimated in real-time on the payment amount you’re making and the more you put toward your bill the less interest you pay. This allows cardholders to make more informed decisions about how much of their balance to pay down. Finally, anything spent on the card is organized into a robust spending tracker that color-codes your purchases into categories so you always know how much you’re spending and on what.
Here’s a look at all the Apple Card features at a glance:
- 3% cash back on all Apple products.
- 3% cash back on T-Mobile, Uber, Uber Eats, Walgreens, Nike and Duane Reade purchases made with Apple Pay.
- 2% cash back on everything else you buy using Apple Pay.
- 1% cash back everywhere else.
- Detailed spending tracker.
- Cash back can be spent daily on any purchase, and there are no limits.
- No fees.
Apple Card: Everything you need to know
- Guide to the new Apple Card
- Apple Card Daily Cash: Deep dive
- Apple Card iPhone financing: Is it worth it?
- Apple Card approval odds and denial reasons
- Latest Apple Card sign-up bonuses
- How to get a credit limit increase with the Apple Card
- Drawbacks to the Apple Card
- New Apple Card: Innovative features, but are the rewards worth it?
- Comparing the new Apple Card to other metal credit cards
Alternative: U.S. Bank Altitude Reserve Visa Infinite Card
One of the knocks against the Apple Card is it features a sign-up bonus only from time to time (and so far these bonuses haven’t been particularly impressive). The U.S. Bank Altitude Reserve card not only gives you a healthy sign-up bonus, but it also rewards you for using your mobile wallet and lets you redeem points as you collect them, just like the Apple Card.
In some respects, it rewards you at a higher rate. While the Apple Card only gives you 2% cash back for using Apple Pay, Altitude Reserve gives you three times the points for using your mobile wallet.
The $400 annual fee is very high, but you can offset it with up to $325 in annual statement credits for eligible travel purchases. However, you do have to be a U.S. Bank account holder to get this card, so it’s not for everyone.
- 50,000 points ($750 in travel) when you spend $4,500 in the first 90 days.
- 5X points on prepaid hotels and car rentals booked directly in the Altitude Rewards Center
- 3X points on travel purchases and mobile wallet spending
- $325 in annual statement credits from eligible travel purchases
- 12 complimentary Go-go in-flight Wi-Fi passes per year.
- $100 TSA Precheck/Global Entry credit.
- Priority Pass airport lounge access membership.
- Real-time mobile point redemption.
- $400 annual fee.
Alternative: Alliant Visa Signature Card
In the first year, the Alliant Signature Visa matches the highest cash back rate on the Apple Card and then gives you almost that much – 2.5% – the rest of the time on everything else you buy with no limits on reward redemption.
Meanwhile, for all the Apple products you’ll surely be buying, you get 90 days’ purchase protection and an automatic doubling of manufacturer’s warranties. However, the cash back can only be redeemed as a statement credit or into an Alliant savings account.
Here’s a quick summary of the card’s features:
- 2.5% cash back on every purchase (on up to $10,000 in purchases per billing cycle).
- No annual fee in the first year, $99 after that.
- Purchase protection.
- No foreign transaction fees.
- Designed for high spenders with excellent credit.
The American Express Business Gold Card is the go-to Apple purchases card for the business owner. The welcome offer is generous and you can potentially get four times the points on Apple products if you spend a lot on computer hardware and software as your two bonus categories – that’s even better than Apple Card.
Plus, you can refund any purchase up to 90 days after you get it, and if it’s stolen or accidentally damaged, Amex will replace it up to 180 days after the incident. This is really important for those expensive Apple products.
See more features below:
- 70,000 Membership Rewards points after you spend $10,000 on eligible purchases within the first 3 months.
- 4X points on the two select categories you spend the most each month, including Apple hardware and software, for $150,000 in total purchases per year.
- 1X point per dollar on all other purchases.
- 25% bonus on points redeemed for eligible purchases through the American Express travel portal (up to 250,000 points back per calendar year).
- $295 annual fee.
- Terms apply
If you want flexibility in your business credit card, this is the card for you. It offers 3% cash back on a category you choose every month (matching the Apple Card’s highest rate) with one of the potential categories being computer services.
Its 2% cash back at restaurants is also equivalent to the Apple Card rate for Apple Pay purchases. Plus, if you become a Preferred Rewards for Business Platinum Honors tier member you will get 75% more cash back, which is about 5.25% in your chosen bonus category, 3.5% on dining and 1.75% everywhere else.
The cash back rates in both the category of your choice and in dining apply only to the first $50,000 you spend per year combined. After you reach that threshold, you’ll earn 1% on every purchase.
Here are the perks, point by point:
- $300 bonus statement credit when you make $3,000 in purchases in 90 days.
- 3% cash back in a category you choose every month (gas stations, office supplies, travel, TV/telecom and wireless, computer services or business consulting services).
- 2% cash back on dining.
- 1% cash back all other purchases.
- Redeem for check, statement credit or direct deposit into a Bank of America checking or savings account.
- No annual fee.
- 0% intro APR on purchases for nine billing cycles after account opening (then 12.24% to 22.24% variable APR).
If you’re willing to put in a little work to maximize your cash back earnings, the Chase Freedom Flex could be a great tool as you scope out your next Apple purchase. The card offers 5% cash back in bonus categories that rotate each quarter (upon enrollment, on up to $1,500 in quarterly spending, then 1%), as well as 5% cash back on travel booked through the Chase Ultimate Rewards portal and 3% back on dining and drugstore purchases.
While (so far) the card hasn’t offered a special rate on Apple purchases, Chase’s cash back calendar frequently lists categories like online shopping as eligible for 5% cash back, so if you plan ahead, you may be able to earn 5% back on the first $1,500 you spend on a new Apple device purchased this way. Indeed, the Freedom Flex lists Walmart and PayPal purchases as eligible for 5% cash back upon enrollment through the end of 2020, either of which could work perfectly for an Apple purchase.
The card is also currently offering a $200 cash bonus when you spend just $500 in the first three months and an introductory APR on new purchases, which can help you pay off your Apple purchase over time while avoiding interest charges. You’ll also enjoy cellphone insurance when you pay your monthly bill with the card.
Here’s the full breakdown:
- 5% cash back in rotating categories (upon enrollment, on up to $1,500 in spending per quarter, then 1%).
- 5% cash back on Ultimate Rewards travel.
- 3% cash back on dining and drugstore purchases.
- 1% cash back on all other purchases.
- $200 cash bonus when you spend $500 in the first three months.
- No annual fee.
See related: Freedom Flex vs. Freedom Unlimited
Alternative: American Express Cash Magnet® Card
Though the introductory bonus is modest and the unlimited cash back rate isn’t as high as the Amex Gold for Business, the Cash Magnet carries no annual fee and still protects your Apple products with a two-year extended warranty and 90 days of purchase protection against theft or damage.
Here’s everything it includes at a glance:
- $150 back when you spend $1,000 in the first three months.
- 1.5% unlimited cash back.
- No annual fee.
- Extended warranty coverage up to two years.
- 90 days of purchase protection against theft or damage.
*All information about the Bank of America Business Advantage Cash Rewards Mastercard credit card and American Express Cash Magnet® Card has been collected independently by CreditCards.com and has not been reviewed by the issuer. This offer is no longer available on our site.