Is Apple GS Card considered as Prime Card and CLIs

Red1Blue · ‎09-23-2021

Is Apple GS Card considered as Prime Card. I know it is issued by Goldman a respectable banker. Is it in the same category as Chase, Amex and Citi. Can we call it a prime card from a prime lender?

Red1Blue · ‎09-22-2021

How is Apple GS Card with CLIs. I am in the process of rebuilding my credit and waiting for some baddies to drop off. Apple GS Card is some thing I want to get it at some point of time. Just for the sake I have submittied the Apple GS Card on my phone. To my surprise it came as approval CL$500 / Rate 21.99. I declined the application and did not accept it. I am not sure if I should accept it and let it start building activity or wait and hope I would get the CLI in the future or wait for few more months and apply for it again. My scores are definitely on the raise.

Update: I used Apple Shopping Cart Trick and applied on Apple Website and got approved for $1500. Decided to take it. Hoping for CLIs in the future.

NRB525 · ‎09-23-2021

I thought it was understood to be a prime card already?

It doesn't charge high fees for a low CL, you can get very high credit limits, it earns decent rewards, there's no FTF, the card itself is titanium, and you can finance prime Apple kit at zero APR.

High Bal Jan 2009 $116k on $146k limits 80% Util.
Oct 2014 $46k on $127k 36% util EQ 722 TU 727 EX 727
April 2018 $18k on $344k 5% util EQ 806 TU 810 EX 812
Jan 2019 $7.6k on $360k EQ 832 TU 839 EX 831
March 2021 $33k on $312k EQ 796 TU 798 EX 801
May 2021 Paid all Installments and Mortgages, one new Mortgage EQ 761 TY 774 EX 777
April 2022 EQ=811 TU=807 EX=805 - TU VS 3.0 765

NRB525 · ‎09-23-2021

Congrats on getting the Apple Card! Enjoy the rewards and here's hoping your CLI are frequent.

High Bal Jan 2009 $116k on $146k limits 80% Util.
Oct 2014 $46k on $127k 36% util EQ 722 TU 727 EX 727
April 2018 $18k on $344k 5% util EQ 806 TU 810 EX 812
Jan 2019 $7.6k on $360k EQ 832 TU 839 EX 831
March 2021 $33k on $312k EQ 796 TU 798 EX 801
May 2021 Paid all Installments and Mortgages, one new Mortgage EQ 761 TY 774 EX 777
April 2022 EQ=811 TU=807 EX=805 - TU VS 3.0 765

Red1Blue · ‎09-23-2021

@NRB525 wrote:
I thought it was understood to be a prime card already?

It doesn't charge high fees for a low CL, you can get very high credit limits, it earns decent rewards, there's no FTF, the card itself is titanium, and you can finance prime Apple kit at zero APR.

Thanks @NRB525 For months it has been a dream card for me to get. I am an Apple enthusiast and Apple Independent Developer. I am planning on buying lot of Apple products and pay it off with in 3 months and keep recycle the limit and see where it takes. Hope it will grow as needed to support my Apple purchase needs.

Anonymous · ‎09-23-2021

@Red1Blue wrote:
Is Apple GS Card considered as Prime Card. I know it is issued by Goldman a respectable banker. Is it in the same category as Chase, Amex and Citi. Can we call it a prime card from a prime lender?

I would consider it a prime card for sure, they also seem to take on customers with hickups on their credit report. I think it is a great card. I do not do sub prime cards and I would not consider this a sub prime card or bank at all.

Thanks

Mark

Anonymous · ‎09-23-2021

I asked the same question on here about a CLI on this card. I was advised to wait until it is at least 91 days old.

I hope this helps

Thanks

Mark

Red1Blue · ‎09-23-2021

@Anonymous wrote:
I asked the same question on here about a CLI on this card. I was advised to wait until it is at least 91 days old.
I hope this helps
Thanks
Mark

Thanks @Anonymous. I am planning on asking them for a CLI on 12/1/2021 and 8/1/2022 and see what they say. In the mean time I am planning buying heavily from Apple store and pay it off each month before the statement cuts. I know Apple gives 0% APR for 12 months. This a card I want to keep for long term into future. I would rather keep the balances low and build a credit history with them.

Anonymous · ‎09-23-2021

@Red1Blue wrote:
@Anonymous wrote:
I asked the same question on here about a CLI on this card. I was advised to wait until it is at least 91 days old.
I hope this helps
Thanks
Mark
Thanks @Anonymous. I am planning on asking them for a CLI on 12/1/2021 and 8/1/2022 and see what they say. In the mean time I am planning buying heavily from Apple store and pay it off each month before the statement cuts. I know Apple gives 0% APR for 12 months. This a card I want to keep for long term into future. I would rather keep the balances low and build a credit history with them.

I love this card. Easy to use and easy to pay. What I do not like is the fact there is no account number on the card, no expiration date and no CCV number. I hope this is not trend setting as I find it very annoying. Just watch your utilization as I stated on another post of yours and you should be ok

Thanks

Mark

Red1Blue · ‎09-23-2021

@Anonymous wrote:
I love this card. Easy to use and easy to pay. What I do not like is the fact there is no account number on the card, no expiration date and no CCV number. I hope this is not trend setting as I find it very annoying. Just watch your utilization as I stated on another post of yours and you should be ok
Thanks
Mark

Hi @Anonymous the information might not be on the card. But when I logged into Apple Card website I could find the card number, exp date and cvv number. It is there on the Apple Card Website. You might want to check out that website. It also shows details on installment plans by each product. Credit Limit and available balance. As a matter of fact I needed that informtion to setup payee in my BOA BillPay.