Born out of the Apple-Barclaycard partnership, the new Barclaycard Apple Rewards Visa card is now available with EMV Chip and PIN security, revised financing options, updated rewards with three times points on Apple Store purchase and more.
As first discovered by AppleInsider on Monday, the card earns you three reward points for every dollar spent at the Apple Store (iTunes purchases don’t qualify).
Once you earn 2,500 points, Apple will give you a $25 Apple Store Gift Card (previously, you’d get a $25 iTunes Gift Card with the Barclaycard iTunes Rewards Visa Card).
Moreover, there’s no interest on purchases made at Apple within the first 30 days of account opening, plus some other perks as well.
As for the rewards, you’ll earn three points for every dollar spent at the Apple Store, two points at restaurants and one point on all other purchases.
By comparison, the previous Barclaycard with iTunes Rewards offered two iTunes points for every dollar spent at Apple Stores or the iTunes Store, and one iTunes point for every dollar spent elsewhere.
You can apply for financing up to eighteen months with Barclaycars Visa with Apple Rewards, subject to credit approval and available to qualified U.S. residents.
The promotional period is based on your purchase amount:
- 6 months: under $498
- 12 months: $499 – $998
- 18 months: $999 and over
Lastly, the card includes stronger security with an embedded EMV chip providing chip-and-pin security (not to be confused with chip-and-signature system used on most other new cards in the United States).
See terms and conditions at the Barclays website.
Apple is said to be enabling the card for Apple Pay soon, hardly a surprise given that Barclaycard is one of the participating Apple Pay partners and Apple’s long-standing retail partner.
[Apple via AppleInsider]