According to the terms of Apple Card, “iPhone can not be jailbroken”

Apple’s credit card Apple Card is expected to be issued in the US in August. Prior to this, Goldman Sachs announced the terms and conditions for issuing cards.

Most of the contract-related contents posted on the official site of Goldman Sachs were leaked before the previous official announcement, but it is worth taking a look in that all information can be summarized in one place and easily viewed.

What’s eye-catching is that jailbreaking on devices linked to Apple Card is prohibited. On iOS devices such as the iPhone, user privileges are usually constrained and users cannot use root privileges to take full control of the system. It is called jailbreak to steal such administrator privileges by stabbing a system vulnerability.

If the target device is tampered with, such as canceling hardware or software control, the target device is excluded from access or management of the account. It is explicitly forbidden to modify and use the target device attached to the user account. This means that you may be denied access, denied, or restricted access to your account for breach of this Agreement. As Apple Card directly handles money and has a relationship with financial institution credit, it can be said that it is natural to have a ban on devices that can be tampered with.

The credit card annual interest rate is 13.24-24.24%, and that annual fees, international fees, and arrears are not incurred as Apple announced in March. The amount used through Apple Pay is basically 2%, shopping at the Apple Store 3%, and 1% cashback for physical card purchases.

Payment is made through an Apple Cash account or a bank account in the United States. Only one Apple Card is allowed per Apple ID, and cards attached to other people’s accounts cannot be issued. In addition, two-step verification is required for the Apple ID you use.

This is a limited condition within the United States. Apple Cash and bank accounts used for payment are also limited to the United States. Apple Card is expected to expand globally, such as applying for trademark registration in the EU and Hong Kong. Related information can be found here .