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Saturday, 3 August 2019

Apple Card restrictions include no jailbreaking or cryptocurrency purchases

Image: Apple

Apple has revealed more details about its upcoming credit card, and the Apple Card will come with one unique restriction and one not-so-unique restriction.

Thanks to the card’s customer agreement, which was posted publicly on creditor Goldman Sachs’ website this afternoon, we know now the Apple Card won’t play nice with a jailbroken iPhone, via 9to5Mac. And according to Reuters, it will also come with a ban on purchasing cash advances and cash equivalents, with the latter including cryptocurrencies, casino chips, and lottery tickets.

The crypto ban is not so unusual. It’s rare to have a line of credit that can be used for cash equivalents. A number of states also have laws on the books that prohibits the use of credit for items like...

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