How Apple Card Works

While Apple Card’s interest rates fail to break the mold in any major way (they are roughly between 13-24%), Apple will place users who sign up at the lower end of the tier that they land in due to their credit score. Perhaps the biggest security feature of the offering is that Apple Card can generate virtual card numbers for online non-Apple Pay purchases. Instead, Apple provides a virtual card number and virtual confirmation code (CVV) for the card in the app.

Source: techcrunch.com