If you’re asking, “does Apple Card do balance transfers?” — the short answer is no, it doesn’t. The Apple Card, issued by Goldman Sachs and designed to work seamlessly with the iPhone Wallet app, currently does not support traditional balance transfers from other credit cards. This may be disappointing to users who want to consolidate debt or move balances to take advantage of lower interest rates.

In this article, we’ll explore why Apple Card doesn’t offer balance transfers, what your alternatives are, and whether the Apple Card still makes sense for your financial situation. So if you’re trying to decide if the Apple Card is the right fit for your credit needs, keep reading.

What Is the Apple Card?

Launched in 2019, the Apple Card is Apple’s first entry into the world of personal finance. It’s a digital-first credit card that integrates directly with Apple Pay and the Wallet app. You receive a physical titanium card too, but most users rely on the digital version for tap-to-pay purchases.

Here’s a quick overview of the Apple Card’s key features:

• No fees: No annual, late, or foreign transaction fees.

• Cashback rewards: 3% Daily Cash on Apple purchases and selected merchants, 2% on Apple Pay transactions, and 1% on everything else.

• Advanced budgeting tools: Visual trackers in the Wallet app help monitor spending and manage payments.

• Privacy and security: Enhanced with Face ID, Touch ID, and secure Apple Pay transactions.

Despite all these perks, it lacks a core feature that many credit card users expect — balance transfers.

Why Doesn’t Apple Card Allow Balance Transfers?

Now, let’s return to the original question: does Apple Card do balance transfers? No, and there are several reasons why Apple and Goldman Sachs might have chosen this route.

1. Simplicity and transparency: Apple markets the card as a simple, clean financial product. By eliminating balance transfers, Apple avoids the complexity of introductory APR offers and transfer fees.

2. Encouraging responsible use: Apple Card encourages users to pay off their balances in full or in larger amounts, rather than moving debt around. Its budgeting tools and interest calculators aim to promote good habits.

3. Partnership limitations: As Apple Card is issued by Goldman Sachs, a relatively new player in the consumer credit card industry, it’s possible that the infrastructure for balance transfers hasn’t been implemented yet.

How Does This Affect Consumers?

The lack of a balance transfer option may be a dealbreaker for those with high-interest debt looking to consolidate. Many traditional credit cards offer 0% APR for 12–18 months on balance transfers, providing an opportunity to save on interest while paying off debt.

With Apple Card, you won’t get that. Instead, you’ll have to either:

• Pay off existing credit card debt with another card that does allow transfers.

• Use a personal loan to consolidate your debt at a lower interest rate.

• Stick with your current cards and use Apple Card for new purchases only.

So, to clarify again: does Apple Card do balance transfers? No, it doesn’t.

Alternatives to the Apple Card for Balance Transfers

If balance transfers are a priority for you, you’ll want to consider cards that specialize in that feature. Here are a few top-rated alternatives:

1. Citi® Double Cash Card

• 0% intro APR on balance transfers for 18 months.

• 2% cashback on all purchases.

• No annual fee.

2. Chase Slate Edge℠

• 0% intro APR on balance transfers for 18 months.

• Credit line increase eligibility with on-time payments.

• Focuses on debt management and rebuilding credit.

3. Discover it® Balance Transfer

• 0% intro APR for 18 months on balance transfers.

• Cashback match program after the first year.

• No annual fee.

These cards offer the balance transfer benefits missing from the Apple Card and could be helpful if debt consolidation is a key goal.

When the Apple Card Still Makes Sense

Even though the answer to does Apple Card do balance transfers is no, that doesn’t mean the card is without merit. The Apple Card may still work well for:

• Apple ecosystem users who make frequent Apple Store or Apple Pay purchases.

• People who avoid carrying a balance and want to earn Daily Cash rewards.

• Tech-savvy users who prefer visual tools and financial transparency.

• Consumers focused on privacy and security.

In short, the Apple Card is ideal for spending, not borrowing. It’s a modern financial tool for disciplined users rather than a debt solution.

Is Apple Planning to Offer Balance Transfers in the Future?

As of now, Apple and Goldman Sachs have made no public announcements about introducing balance transfers to the Apple Card. However, Apple frequently updates its products based on customer demand. If enough users request this feature, there’s a chance it could be added in the future.

Still, until then, the answer to does Apple Card do balance transfers remains a clear and consistent no.

Final Thoughts

So, does Apple Card do balance transfers? No — and for many users, that may be the only thing holding this sleek, digital-first credit card back from being a full-service financial solution.

If you’re looking to manage existing credit card debt, you’ll need to look elsewhere. But if you’re seeking a no-fee, cashback card that integrates beautifully with your iPhone, the Apple Card still deserves a spot in your wallet — just not as a balance transfer tool.

Frequently Asked Questions (FAQs)

Q1. Does Apple Card offer 0% APR on balance transfers?

No, Apple Card does not offer balance transfers at all, so there is no promotional or standard APR for them.

Q2. Can I use the Apple Card to pay off another credit card?

You can use Apple Card cash or funds to pay another card indirectly, but not via an official balance transfer feature.

Q3. Will Apple add balance transfer features later?

There’s no official word, but future updates could include more traditional credit card features if user demand is high.

Q4. Is the Apple Card good for debt consolidation?

No, because it doesn’t support balance transfers and doesn’t offer tools for consolidating or managing other card debt.

Q5. What is a good alternative to Apple Card for balance transfers?

Try cards like the Citi Double Cash or Discover it Balance Transfer, which offer 0% APR periods and low or no transfer fees.