surprisingly, the apple card has ended up being a subprime card (https://www.bus... | Hacker News

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zubairk on Sept 22, 2020 | parent | context | favorite | on: 2020 Bundles

surprisingly, the apple card has ended up being a subprime card (https://www.businessinsider.com/apple-card-reportedly-approv...) and they unveiled the credit steps program to approve more low credit score customers, which is definitely not the customer demo i anticipated flocking to the card

anonymouse008 on Sept 22, 2020 | [–]

Wow, that's shocking. Thanks for the info.

I wonder if that's a GS element in the contract, if less than X number of primes (or some metric on the campaign), then we reserve right for sub.

adeelk93 on Sept 22, 2020 | [–]

I suspect it’s due to the “daily cash” aspect of the card

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