Today Apple officially revealed the Apple Card which is made possible through Goldman Sachs; users will be able to sign up for the card on their iPhone starting this summer; the card leverages Apple Pay but a titanium card with no visible card number can be used at merchants that do not accept Apple Pay; the card provides daily cash back which includes 3% for Apple purchases, 2% on any Apple Pay transaction and 1% when using the card; the card also features unique payment options as well as ways to easily see where your money is going. Source