Apple and Barclays are teaming up again for a new Visa rewards cards. Unlike previous cards that offered iTunes rewards, this one will help you pay for Apple Store purchases while also adding Chip-and-PIN support and new financing options.
Once you apply for a card you should hear back almost instantly from Barclays, and if you’re approved you’ll receive it in the mail within 7-10 business days. From there you can use it like any other credit card, though you’ll get the most rewards when you shop with Apple.
Each dollar you spend at the Apple Store either online or in person will earn you three points, while money spent at a restaurant earns two points per dollar, and other purchases come to one point per dollar spent. Once you rack up 2,500 points you’ll get a $25 Apple Store gift card.
The other advantage to Apple’s Visa rewards card is that you won’t have to pay any interest as long as you cover all your purchases in time. With the new card you’ll have six months to cover purchases under $498, 12 months if you spend between $499 and $998, and 18 months if you spend $999 and over.
If you’re interested, hit the Apple link below to apply now, or check out Barclay’s site for even more information on the new rewards card.