Apple Card: annual fee, APR and rewards

Fact sheet for the Apple Card, issued by Apple (Goldman Sachs), with no annual fee and cash back. Every detail below comes from the issuer’s pricing and terms pages, checked on the date shown at the end of the page.

Issuer	Apple (Goldman Sachs)
Network	Mastercard
Annual fee	$0
Fee waiver	'No annual, over-the-limit, foreign-transaction, or late fees.'
Rewards	Cashback: 3% Daily Cash back at Apple and at select merchants (e.g., Nike, Uber, Walgreens, Exxon Mobil, ChargePoint, Ace Hardware, Booking.com, Hertz) when using Apple Card with Apple Pay; 2% Daily Cash back when you use Apple Card with Apple Pay; 1% Daily Cash back with the titanium card.
Purchase APR	Variable APRs for Apple Card range from 17.74% to 27.99% based on creditworthiness. Rates as of October 1, 2026.
Foreign transaction fee	None
Credit level	Excellent, Good (tiers the issuer reports to the CFPB)

What new cardholders actually got

In the CFPB's Terms of Credit Card Plans survey for July to December 2025, new accounts on this card got a median purchase APR of 23.24%, with a range of 17.49% to 28.49%. The advertised range above is what the issuer offers today; the survey shows where approved applicants landed.

Source: Consumer Financial Protection Bureau, Terms of Credit Card Plans survey.