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The finance company reportedly wants out of the consumer lending business. Goldman Sachs, Apple's banking partner for its credit card and high-yield savings account, is seemingly having doubts ...
Like with Apple Card itself, Goldman Sachs provides the savings account. The concept is somewhat similar to Goldman's "Marcus" account, which offers a 3.9 percent yield with comparable flexibility.
April 18, 2023 at 6:39 AM. Apple ( AAPL) said Monday that it is launching high-yield savings accounts for Apple Card holders in partnership with Goldman Sachs ( GS ), marking the tech company's ...
Chatter about the Apple-Goldman deal’s potential end has continued to grow in recent months, despite the fact that Goldman announced a year ago that the deal was extended through 2029.
Apple Card is a credit card created by Apple Inc. and issued by Goldman Sachs, designed primarily to be used with Apple Pay on an Apple device such as an iPhone, iPad, Apple Watch, or Mac. [ 1 ] [ 2 ] Currently, it is available only in the United States , with 6.7 million American cardholders in early 2022.
Goldman Sachs Group (NYSE: GS) is acquiring the credit card business of General Motors Co (NYSE: GM) for $2.5 billion, the Wall Street Journal reported Thursday.What Happened: The banking giant ...
The Wall Street Journal reports Apple has proposed exiting the contract in the next 12 to 15 months, ending Goldman’s work on both the credit card and savings account. That comes just one year ...
The company announced today it’s partnering with Goldman Sachs to soon launch a new Savings account feature for its Apple Card credit cardholders which will allow them to save and grow their ...