Apple Card terms specify that iPhone holders can't jailbreak their phone

Apple Card terms specify that iPhone holders can't jailbreak their phone
Back in March, Apple introduced the Apple Card. The virtual card sits in the iOS Wallet app, although an actual physical card can be ordered. For privacy reasons that card will not include the account number, but will have the user's name on the card. Apple Card users will face no fees. That's right, say goodbye to Late fees, Annual fees, International fees, and Over-limit fees. Card users will get back 2% of the value of transactions made outside of the Apple ecosystem and 3% of those purchases made from the App Store, Apple Store, and other Apple properties. Transactions paid for with the physical card will get 1% back. These rebates will be computed daily and made available each day.

The card is expected to launch sometime this month and investment banking firm Goldman Sachs is Apple's partner for this project. Goldman Sachs has posted the Apple Card Customer Agreement and this reveals some interesting things. First of all, depending on the card user's credit ratings, the annual interest on the card will range from 13.24% to 24.24%. Future changes will be based on any rate hike or cut made to the Prime Rate. This is the rate that banks charge their best customers for loans.

Apple Cardholders won't be allowed to "jailbreak" their iPhone


To be eligible for an Apple Card, you must have an Apple ID that is associated with a valid iCloud account. There must be an active email address connected to the Apple ID, with Apple's two-factor authentication turned on. And those iPhone users who "jailbreak" their phone to remove iOS software restrictions are at risk of having the account closed. In addition, the Apple Card cannot be used to buy casino chips, lottery tickets, and cryptocurrencies. In other words, you can't use the Apple Card to buy Bitcoins. This is probably not devastating news for the majority of consumers looking to open an Apple Card account.



So if you own a jailbroken iOS device, you're not allowed to use it to apply for the card. And if you have an iPhone that you used to obtain a card, you cannot jailbreak it. Pretty simple rules. In fact, all of the terms and conditions of the Apple Card can be found on the Goldman Sachs website.

The Apple Card will be another business in Apple's Services unit. After the iPhone, this segment is the second-largest in terms of revenue for the company, and it is the tech giant's second most profitable division. Apple is aiming to hit $50 billion in annual revenue by next year for the Services group, double the $25 billion the unit grossed in 2016. For Apple's fiscal third-quarter covering April through June, the company reported record Services revenue of $11.5 billion. The reason why this business is so important to Apple is that it is less dependent on iPhone shipments and is more dependent on the global active number of iPhones. At the beginning of this year, that number was approximately 900 million. Other businesses under the Services umbrella include the App Store, iCloud, Apple Music, Apple TV+, Apple News+, Apple Arcade (once it launches), AppleCare, Apple Pay and more.

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34 Comments

1. apple-rulz

Posts: 2020; Member since: Dec 27, 2016

I’m going to guess the typical user that will have an Apple Card will have zero interest in jailbreaking, they’ll be too busy with more meaningful pursuits. Still though this warning had to be put out there.

2. aegislash

Posts: 1476; Member since: Jan 27, 2015

My first iOS device was the iPad 2, which I did jailbreak. I’ve had three iPhones since then and just didn’t feel the need to jailbreak at all. Same with rooting on Android. Did it to my G1, and haven’t done it since. Looking forward to this card, especially all the perks.

8. oldskool50

Posts: 1323; Member since: Mar 29, 2019

I have jailbroken iPhone in the past. One of my iPhone 4's is jailbroken. I've never needed to fully root an Android device, but I have done it to use some TWRP based firmware to see the difference in what you can or cant do. In either case I wasnt impressed. As with Samsung Pay, these types of services much have full protection. If you root a Samsung device, Knox will break and Samsung Pay will stop working. Anyone who is even able to get this card, considering how stringent GS is; namely you need a 700+ credit score; I don't think this will be an issue.

3. Back_from_beyond

Posts: 1377; Member since: Sep 04, 2015

Can't afford to just buy the new iPhone, get the Apple Card and then you can... put yourself in significantly more debt!

9. oldskool50

Posts: 1323; Member since: Mar 29, 2019

Dude. If you are able to get this card to begin with, then you can afford an iPhone. Are you really this dense? The bank is Goldman Sachs. They don't do retail banking. They are a "luxury" business bank. Not a bank like Chase or Capitol One. Stop being so quick to troll. It's just a credit card that uses Mastercards Tokenazation, which is why it is accepted everywhere MasterCard is. Haha. MasterCard. I remember the days when Visa was "everywhere you wanted to be." I have enough cards. I get better benefits with AMEX, Discover and Citi.

16. Back_from_beyond

Posts: 1377; Member since: Sep 04, 2015

You might wanna read the terms and conditions, they are very simplistic and not at all demanding. Apple wouldn't release an Apple Card if it was limited to a select few, there has to be money making potential in it on a big scale, otherwise what would be the point.

4. iloveapps

Posts: 855; Member since: Mar 21, 2019

Gotta get one for sure for my iphone 11 and Macbook 16”.

6. cmdacos

Posts: 4100; Member since: Nov 01, 2016

A card like most other credit cards except this one you have to hammer back straight on a weekly basis. If you're looking for weak minded people, just look for comments like 'gotta get one for sure'

20. iloveapps

Posts: 855; Member since: Mar 21, 2019

Envy because you don’t have something you can flex like this. A titanium credit card would serve better than your Galaxies and Folds combine.

15. Leo_MC

Posts: 7203; Member since: Dec 02, 2011

Does anyone jb their iPhone anymore?! Why?

17. AlienKiss

Posts: 137; Member since: May 21, 2019

Jailbreak on ios or root on Android gives you administrator access to your software and hardware. You can edit the os, modify it, install a different one, you can even change the mac address of the device. One of the best features is having absolutely no adds with Adaway. If you have sufficient skills, you can even do a lot of damage (DoS attacks, sql injections you name it). If you don't jailbreaked /root your phone, you are merely using it in guest mode. Learning how to root my phones (to completely delete fb) is what made me love programming, scripting and pen testing. Use your IQ people! If you don't exercise your brain, it will only get fat and lazy.

18. Leo_MC

Posts: 7203; Member since: Dec 02, 2011

JB in iOS does NOT let you edit the OS or install a different one. Ads be gone with a simple VPN, I don't need to compromise the security of my OS for that (there are hardly any ads in iOS - I use most of the time services and apps that are ad free). I can do DoS or sql injections with a laptop, a phone is not quite there yet, even though it is capable enough to handle the workload (unless you're talking about doing them to the mobile OS). I use every power tool iOS has to offer, the difference is that I don't meddle with the core OS files (it's like I'm the power user, but I'm not root). On iPhone I just uninstall Facebook just like any other app, I don't need jb for that. So, I would only need to jb in order to block some ads I hardly ever see? now that's a bad example of brain usage...

24. clarity

Posts: 54; Member since: Jun 19, 2017

JB in iOS allows you to edit the OS files, the only but is that they can't be signed nor checked upon boot. You can install a different OS on some iPhones. Up to the 3GS, you can run Android. On all 32-bit devices, you can dualboot them with any other iOS version they support. We're working on bringing support to some 64-bit devices. With jailbreaking you can do theming and lots of runtime modifications on apps and processes. You can also run unix tools, python and what not. Please don't speak about stuff you don't know, thank you.

30. Leo_MC

Posts: 7203; Member since: Dec 02, 2011

Being able to do something doesn't mean you SHOULD. I've seen stuff I like in jb community, but the tradeoff - every single time I've used it, the system stability was worse than with the beta versions, plus every single feature worked like on many Android phones (laggy and unreliable) - was simply not worth it.

31. AlienKiss

Posts: 137; Member since: May 21, 2019

It's true that if you jb your iPhone, the os will get glitchy and unstable. On Android on the other hand, it's quite the opposite. You can debloat the os to the bone in order to make it a lot smoother. Also, I don't know what phones you've used, but the last 3 generations of Android phones don't really lag. It's just a myth apple fans cling on. I've even managed to install Kali on my SD card and run it. On a 7 year old phone with 2GB RAM I could use GIMP VLC, u name it. Imagine what a brand new phone does. Saying that you're a power user while using a regular iPhone is funny. Also, if someone really, really wants to get inside your phone, they'll eventually do it with time and determination. Buffer overflow says anything to you?

33. Leo_MC

Posts: 7203; Member since: Dec 02, 2011

Give me a break; even Mate 20 or S9 lag here and there. I'm not dissing those phones - I think they are the best of what Android has to offer (no, OP doesn't count, because its support is abysmal) - I'm just telling how it is. GIMP (or graphic editing) on a 4-6"display? =))))))) Sure, you can do it but - as I have said numerous times - you shouldn't just because you can. "Power usage" means I use a lot of the dedicated tools, it doesn't mean I invent usage scenarios that have absolutely nothing to do with a phone (like the GIMP app that you've mentioned). "Buffer overflow says anything to you?" Yes, together with memory corruption are the biggest problems iOS has had in 2019; the good thing is that, out of 71 vulnerabilities discovered in 2019, none (zero, nada, zilch) were found in a iOS version newer than 12.1.1. I repeat: absolutely no known stack overflow vulnerability got past iOS 12.1.1 ;).

34. clarity

Posts: 54; Member since: Jun 19, 2017

Because people just don't know how it works? Have you ever used Xposed? It's the same principle. If you try 20 tweaks on the same daemon, of course it's going to lag.

22. Ichimoku

Posts: 165; Member since: Nov 18, 2018

Use your IQ people! < compromising your security and privacy?

21. midan

Posts: 2708; Member since: Oct 09, 2017

Instant hit for sure

23. palmguy

Posts: 979; Member since: Mar 22, 2011

Apple gives you the card but this is the comany you deal with.https://violationtracker.goodjobsfirst.org/parent/goldman-sachs Penalty total since 2000: $9,602,492,860

26. darkkjedii

Posts: 30966; Member since: Feb 05, 2011

I gotta read up on this bank, cause I'm not hearing many good things about it. As far as getting the card...we'll see.

29. MrMalignance

Posts: 295; Member since: Feb 17, 2013

Regardless of phone manufacturer, I was kind of let down to see that the credit card is tied to what you do with your own property"iPhone". I could understand if it was device based, but didn't the card claim it could be used as an independent payment source, like a traditional credit card?

32. civicsr2cool

Posts: 265; Member since: Oct 19, 2016

The only way this is enforceable is requiring latest firmware. RootlessJB is completely undetectable.

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