In 2019 Apple launched a credit card. The following is the promotion text from the announcement web site: “A new kind of credit card. Created by Apple, not a bank. Apple Card is the newest way to pay with Apple Pay. It’s built on the principles of simplicity and transparency. It actually encourages you to pay less interest. And it gives you a whole new level of security and privacy.”

In 2019 Apple launched a credit card. The following is the promotion text from the announcement web site:

“A new kind of credit card. Created by Apple, not a bank. Apple Card is the newest way to pay with Apple Pay. It’s built on the principles of simplicity and transparency. It actually encourages you to pay less interest. And it gives you a whole new level of security and privacy.”

Which of the statements in the above announcement could potentially be misleading?