Get all your news in one place.
100's of premium titles.
One app.
Start reading
Daily Mirror
Daily Mirror
Technology
Shivali Best

Fyre Festival 2.0? Apple's credit card compared to Billy McFarland’s Magnises

This evening, Apple announced that it was launching its own credit card , called Apple Card.

The sleek credit card is made of titanium, and is designed to be used in places where Apple Pay isn’t accepted.

While many were impressed by the credit card, others were quick to draw comparisons to the metal card launched by Billy McFarland, the man behind the dreaded Fyre Festival.

McFarland launched a credit card company called Magnises, that charged millennial $250 a year for exclusive entry to events.

Apple is launching its own credit card - and it will PAY you to use it  

While the Magnises card was black, it was certainly very similar to the Apple Card - something that Apple fans were quick to pick up on.

One user tweeted: “Very cool that Apple is rebooting the Fyre Festival guy’s credit card scheme.”

Another joked: ”Apple saw how much dude made that started Fyre Festival having his own credit card and wanted one of their own.”

Apple Arcade game subscription service launches to take on Google Stadia  

And one said: “This whole fetishization of a physical credit card is literally what billy macfarland did before fyre fest but ok apple.”

McFarland is best known for launching the Fyre Festival, which was tipped to be a 'luxury' music festival, but ended in disaster.

Let's just hope Apple isn't planning to launch Fyre Festival 2.0!

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.