Approved for Apple Card and Turned It Down

[Anonymous]

I did take out a loan , so that might’ve been the issue !/:

[Anonymous]

Thinking I'd get on the Apple Pay bandwagon I apped last night. Approved SL of $20k but an APR of 23.8%. That's the worst they offer. They pulled a TU 784, 1% utilization, $303k income. Perfectly clean report with AAofA 4 yrs. I think I'll pass but does anyone know if you let the offer expire if the terms will always be the same?

[Anonymous]

Congrats on the approval, nice SL but that APR no bueno.

[CreditCuriosity]

Wasn't an approval just a check on terms.. Appears OP didnt accept yet so moved thread to applications for the time being.

[randomguy1]

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@Anonymous wrote:

Thinking I'd get on the Apple Pay bandwagon I apped last night. Approved SL of $20k but an APR of 23.8%. That's the worst they offer. They pulled a TU 784, 1% utilization, $303k income. Perfectly clean report with AAofA 4 yrs. I think I'll pass but does anyone know if you let the offer expire if the terms will always be the same?

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Obviously every profile is different but I have passed on the offers and tried again in the last couple of months. I have received a few different terms.

[Anonymous]

Congratulations on the offer. Sorry to hear about the apr. I’ve seen where people get different offers the second go around. I think the offer is good for 30 days?

[Anonymous]

The only APR I care about is 0%. 

To me, the APR is like the price of a Snickers  in a hotel minibar. I'm not going to avoid a Hilton because they charge $1.00 more than the $7 the nearby Marriott does. I'm not buying either one's overpriced candy.

[M_Smart007]

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@Anonymous wrote:

Thinking I'd get on the Apple Pay bandwagon I apped last night. Approved SL of $20k but an APR of 23.8%. That's the worst they offer. They pulled a TU 784, 1% utilization, $303k income. Perfectly clean report with AAofA 4 yrs. I think I'll pass but does anyone know if you let the offer expire if the terms will always be the same?

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Just an honest question here, would you carry a balance with $303K of Income?

[Nomad3]

Congrats on the SL even though the Apr is awful.
They want to make sure you can slap all their new devices on it I think

[KJinNC]

Congratulations -

1 - When I looked into what happens if you decline an offer, what I read is that you don't get a bonus or a penalty for it. They will give you whatever offer their formula spits out at that time.

2 - That said, I don't really see how your profile is likely to improve much in the near future.

3 - I think Apple only has about three APR possibilities. The one you got is the highest of the three.

4 - Do you want a low APR just to feel good about it, or do you actually intend to carry a balance and pay interest on this card? If the former, maybe it doesn't really matter?

JMO. Good luck!