{"id":4864,"date":"2019-08-05T08:03:29","date_gmt":"2019-08-05T08:03:29","guid":{"rendered":"https:\/\/www.bestonlinecasinosites.com\/news\/?p=4864"},"modified":"2019-08-05T08:03:29","modified_gmt":"2019-08-05T08:03:29","slug":"no-gambling-or-crypto-purchases-with-apples-credit-card","status":"publish","type":"post","link":"https:\/\/www.bestonlinecasinosites.com\/news\/no-gambling-or-crypto-purchases-with-apples-credit-card\/","title":{"rendered":"No Gambling or Crypto Purchases with Apple&#8217;s Credit Card"},"content":{"rendered":"\n<p><\/p>\n\n\n\n<p>Apple&#8217;s <a href=\"https:\/\/www.apple.com\/apple-card\/how-it-works\/\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"new and sleek credit card (opens in a new tab)\">new and sleek credit card<\/a> is just a few days away from its launch and unsurprisingly, millions of people are waiting eagerly to get their hands on them. While this is certainly good news for most Apple fans and enthusiasts, if you are a gambler or crypto enthusiast the card will not be of much use to you.<\/p>\n\n\n\n<p>Goldman Sachs, Apple&#8217;s partner for the credit project, on August 2 published the credit card&#8217;s customer agreement and the publication listed some of the restrictions on transactions which have been labeled as <strong>\u201ccash advance and cash equivalents\u201d.<\/strong> These include casino gambling, online betting as well as the purchase of digital currencies.<\/p>\n\n\n\n<p>The team-up between Apple and Goldman Sachs first came to light in March this year and it has been al the buzz for quite some time especially because of the interests and perks it offers. For instance, it has the interest rates for Apple Card have been said to be in the range of <strong>13.24 percent and 24.24 percent <\/strong>depending on the creditworthiness of the customers.<\/p>\n\n\n\n<p>In addition to that, the new Apple credit card will also be offering new cashback incentives for purchases people make using its. For purchases made directly from Apple of the App Stores \u2013 including in-app purchases \u2013 the users will get back<strong> 3 percent<\/strong> of the transaction amount. Apple Pay purchases will give a <strong>2 percent<\/strong> cashback while other purchases will pay back<strong> 1 percent<\/strong> of the transaction amount. Very exciting, isn\u2019t it?<\/p>\n\n\n\n<p>Apple has been very busy expanding its service business as part of the <strong>broad strategy to diversify its revenue sources instead of relying solely on hardware sales. <\/strong>Goldman Sachs, on the other hand, has been working towards a consumer-focused business and what better way to do this than to partner with one of the most popular brands on the planet.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"credit-card-gambling-on-the-spotlight\">Credit Card Gambling on the Spotlight<\/h2>\n\n\n\n<p>Now, with the Apple Card customers agreement emphasizing on restrictions when it comes to gambling and cryptocurrency purchases. This might be bad news for the wider credit card gambling community with more and more financial institutions having newer incentives to restrict such transactions. Already, a number of jurisdictions including the <strong>United Kingdom, New Zealand and Australia<\/strong> have started cracking down on credit gambling activities. Lawmakers and regulators in the UK, for instance, have been considering a <a rel=\"noreferrer noopener\" aria-label=\"possible ban on gambling-related credit card transactions (opens in a new tab)\" href=\"https:\/\/calvinayre.com\/2019\/04\/16\/business\/uk-may-halt-credit-card-use-for-gambling-purchases\/\" target=\"_blank\">possible ban on gambling-related credit card transactions<\/a>.<\/p>\n\n\n\n<p>There are, of course, <a href=\"https:\/\/www.bestonlinecasinosites.com\/news\/paypal-faces-criticism-for-enabling-problem-gamblers\/\">certain alternatives<\/a> that are beginning to rise in popularity and these are likely to gain even more users in the near future.<\/p>\n","protected":false},"excerpt":{"rendered":"Apple&#8217;s new and sleek credit card is just a few days away from its launch and unsurprisingly, millions of people are waiting eagerly to get their hands on them. While this is certainly good news for most Apple fans and enthusiasts, if you are a gambler or crypto enthusiast the card will not be of [&hellip;]","protected":false},"author":5,"featured_media":4865,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[409,420,421,204,422,54],"class_list":["post-4864","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry","tag-apple","tag-apple-card","tag-credit-card","tag-crypto","tag-goldman-sachs","tag-online-gambling"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>No Gambling or Crypto Purchases with Apple&#039;s Credit Card - Best Online Casino Site News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bestonlinecasinosites.com\/news\/no-gambling-or-crypto-purchases-with-apples-credit-card\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"No Gambling or Crypto Purchases with Apple&#039;s Credit Card - Best Online Casino Site News\" \/>\n<meta property=\"og:description\" content=\"Apple&#8217;s new and sleek credit card is just a few days away from its launch and unsurprisingly, millions of people are waiting eagerly to get their hands on them. While this is certainly good news for most Apple fans and enthusiasts, if you are a gambler or crypto enthusiast the card will not be of [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.bestonlinecasinosites.com\/news\/no-gambling-or-crypto-purchases-with-apples-credit-card\/\" \/>\n<meta property=\"og:site_name\" content=\"Best Online Casino Site News\" \/>\n<meta property=\"article:published_time\" content=\"2019-08-05T08:03:29+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.bestonlinecasinosites.com\/news\/wp-content\/uploads\/sites\/2\/2019\/08\/apple-card.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"907\" \/>\n\t<meta property=\"og:image:height\" content=\"500\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Francesco Marconi\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Francesco Marconi\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.bestonlinecasinosites.com\/news\/no-gambling-or-crypto-purchases-with-apples-credit-card\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.bestonlinecasinosites.com\/news\/no-gambling-or-crypto-purchases-with-apples-credit-card\/\"},\"author\":{\"name\":\"Francesco Marconi\",\"@id\":\"https:\/\/www.bestonlinecasinosites.com\/news\/#\/schema\/person\/6b2026f8299dae460166da2bc01e6cfc\"},\"headline\":\"No Gambling or Crypto Purchases with Apple&#8217;s Credit Card\",\"datePublished\":\"2019-08-05T08:03:29+00:00\",\"dateModified\":\"2019-08-05T08:03:29+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.bestonlinecasinosites.com\/news\/no-gambling-or-crypto-purchases-with-apples-credit-card\/\"},\"wordCount\":430,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.bestonlinecasinosites.com\/news\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.bestonlinecasinosites.com\/news\/no-gambling-or-crypto-purchases-with-apples-credit-card\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.bestonlinecasinosites.com\/news\/wp-content\/uploads\/sites\/2\/2019\/08\/apple-card.jpg\",\"keywords\":[\"Apple\",\"Apple Card\",\"Credit Card\",\"Crypto\",\"Goldman Sachs\",\"online gambling\"],\"articleSection\":[\"Industry\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.bestonlinecasinosites.com\/news\/no-gambling-or-crypto-purchases-with-apples-credit-card\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.bestonlinecasinosites.com\/news\/no-gambling-or-crypto-purchases-with-apples-credit-card\/\",\"url\":\"https:\/\/www.bestonlinecasinosites.com\/news\/no-gambling-or-crypto-purchases-with-apples-credit-card\/\",\"name\":\"No Gambling or Crypto Purchases with Apple's Credit Card - 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