Apple Shares Details on How Apple Card Family Works

Apple introduced the new Apple Card Family feature at its April event, unveiling the new functionality that will let two people share an Apple Card and build credit together and that will also let children use a family ‌Apple Card‌ for purchases.

For account co-owners, each participant must be at least 18 years old and will have their credit reported equally in their own names. Each person shares full responsibility for an account balance and all payments. Credit reporting includes positive and negative payment history for both users, in addition to credit utilization. There are several other features available as well:

They can immediately use their shared ‌Apple Card‌ to receive unlimited Daily Cash back on their transactionsThey can add or remove participants and order a titanium ‌Apple Card‌ for participants who are 18 years or olderThey can view participant activity and account co-owner activityThey can set transaction limits for participants, lock a participant’s ability to spend, and receive notifications on participants spendingThey can request a credit limit increaseThey can close the shared ‌Apple Card‌ account at any time, but are still responsible for paying any remaining balance

Participants, aka ‌Apple Card‌ family users who are not co-owners, can use a shared ‌Apple Card‌, but won’t be responsible for payments. Participants must be at least 13 years old, and Apple has additional info on how participants work:

They’re not responsible for paymentsThey can view their own transactions and informationThey can spend up to the credit limit on the account and may have an optional transaction limit set by an account owner or co-ownerThey can immediately use their shared ‌App

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