Goldman Sachs · Mastercard · cash back
Apple Card
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Terms read from Goldman Sachs's page on Oct 16, 2026.
Year 1, after fees
$603
Year 2+, after fees
$603
every year after
3 years, after fees
$1,809
Break-even
No fee
Earn rate by category
All values are after each card's annual or monthly fee, and foreign transaction fees when you set foreign spending. Additional-card fees and memberships some benefits need (such as Amazon Prime or Instacart+) aren't included.
Values for points and miles are estimates based on published redemption valuations; actual value depends on how you redeem.
On each spending preset
After fees; points at their cash value. "~" marks estimates.
| Spending | Year 1 | Year 2+ | 3 years | Break-even |
|---|---|---|---|---|
| Student ($985/mo) | $177 | $177 | $532 | No fee |
| Couple ($2,555/mo) | $460 | $460 | $1,380 | No fee |
| Family ($3,350/mo) | $603 | $603 | $1,809 | No fee |
| Frequent traveller ($3,880/mo) | $698 | $698 | $2,095 | No fee |
| Big spender ($7,960/mo) | $1,433 | $1,433 | $4,298 | No fee |
Who it suits
- People who spend a lot on groceries and dining, where it earns above its base rate.
- Spending abroad: no foreign transaction fee.
Who should skip it
- Nothing stands out on the presets; check it against your own spending.
Fees and rates
- Annual fee
- None
- Foreign transaction fee
- None
- Purchase APR
- 17.74% to 27.99% (variable)
Rewards
- 2% on paid with Apple Pay (assumed half of spending)
- 1% on everything else
Eligibility and availability
- Income
- None published
Published requirements only. We don't estimate approval odds.
Assumptions
- Cash back: Paid in cash, so the value is exact, not an estimate.
- Note: 2% needs Apple Pay; this assumes half your spending goes through Apple Pay and the rest earns 1% on the physical card.
- Note: 3% at Apple and select merchants isn't modelled.
Earns more every year after year 1
On a family's spending, these keep more value from year 2 than this card's $603.
Chase IHG One Rewards PremierYear 2+ ~$1,243
Wells Fargo One Key CardYear 2+ $864
Chase Marriott Bonvoy BoundlessYear 2+ ~$809
Head to head
Frequently asked questions
Is the Goldman Sachs Apple Card worth it?
On a family's spending ($3,350 a month, points at their cash value), it's worth $603 in year 1 and $603 a year after that, after no annual fee.
What is the Goldman Sachs Apple Card welcome offer?
There's no welcome offer on the issuer's page.
Does the Goldman Sachs Apple Card charge foreign transaction fees?
No. The issuer states no foreign transaction fee.
Sources
Rates, fees and offers are set by the issuer and may change. Check the issuer's terms before you apply. We don't estimate approval odds.
Compare it with 59 other cards on the US card comparison or read how cards are valued.