Cryptocurrency News Today: Apple’s credit card has some very specific rules
By Karissa Bell
Apple’s credit card is launching soon, and it looks like the highly anticipated card will come with a few unusual rules.
Goldman Sachs, which partnered with Apple on the card, published the customer agreement, revealing a few new details about the iPhone maker’s new offering.
Though many of the rules are what you’d expect to find in the fine print of any credit card, there are some notable parts of the agreement.
For one, the terms explicitly forbid credit card users from jailbreaking their iPhones. From the agreement (emphasis added):
If you make unauthorized modifications to your Eligible Device, such as by disabling hardware or software controls (for example, through a process sometimes referred to as “jailbreaking”), your Eligible Device may no longer be eligible to access or manage your Account. You acknowledge that use of a modified Eligible Device in connection with your Account is expressly prohibited, constitutes a violation of this Agreement, and could result in our denying or limiting your access to or closing your Account as well as any other remedies available to us under this Agreement.
In other words: don’t jailbreak your phone unless you want to risk