Apple is one step closer to launching its sleek, new credit card that’s all white and offers 2% cash back on every Apple Pay purchase — here’s how it works

Apple’s first-ever credit card, called Apple Card, is coming in just a few months.

The new card — which Apple unveiled earlier this year at an event at its headquarters in Cupertino, California — is a brand-new product line for Apple. Apple Card will have no annual or late fees, and an interest rate that Apple aims to have be “among the lowest” industry-wide.

Apple touted an easy-to-use app interface for the card, as well as a both a digital version and a sleek, physical version of the card.

Apple Card will be rolling out to US customers this summer, but Bloomberg reports that Apple has started allowing “tens of thousands” of its own retail employees to test the card. Bloomberg reporter Mark Gurman also got his hands on one, and showed off the rainbow packaging on Twitter.


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