April 29, 2024

Apple Card Customer Agreement Forbids Jailbreaking

Posted August 2, 2019 at 10:23pm by iClarified · 18830 views
The Apple Card Customer Agreement is now available on the Goldman Sachs website. Apple has partnering with Goldman Sachs to debut its new credit card which features daily cash back, no fees, and enhanced privacy.

Your Apple Card Account is issued by Goldman Sachs Bank USA, Salt Lake City Branch ("Bank", "we", "us", or "our") and this is a legal agreement between you and us. By using your Apple Card Account or adding your Card to Apple Wallet, you are agreeing to be bound by this "Agreement", which includes this Apple Card Customer Agreement, together with your rates information, which can be found in your Apple Wallet.

One of the more notable details in the customer agreement is a clause forbiding the use of jailbroken devices.

If you make unauthorized modifications to your Eligible Device, such as by disabling hardware or software controls (for example, through a process sometimes referred to as "jailbreaking"), your Eligible Device may no longer be eligible to access or manage your Account. You acknowledge that use of a modified Eligible Device in connection with your Account is expressly prohibited, constitutes a violation of this Agreement, and could result in our denying or limiting your access to or closing your Account as well as any other remedies available to us under this Agreement.

The agreement also provides details about how the Daily Cash Program works.

Daily Cash will be calculated based on the amount of each Purchase Transaction posted to your Account, multiplied by the above-listed percentage corresponding to the Transaction type. Daily Cash will be rounded to the nearest cent but will not be less than one cent.

There's also information on how your daily balance is determined, how interest is calculated, how your minimum payment is calculated, and more.

Check out the full document at the link below. Apple CEO Tim Cook recently revealed that Apple Card will arrive this month. Please follow iClarified on Twitter, Facebook, or RSS for updates.

Read More [via MacRumors]