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The Consumer Financial Protection Bureau ordered the companies to pay almost $90 million in penalties and refunds.
It's not a game-changer, but the card does offer some intriguing features, including the ability to finance expensive Apple products with an interest-free payment plan.
Apple Card cardholders can set up interest-free monthly installments when they use the card for eligible purchases from Apple.com, the Apple Store, or the Apple Store App. To set up a payment plan ...
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In addition, regulators said the credit card partners failed to live up to some promises about interest-free payment plans for iPhones and other devices for customers using the Apple credit card.