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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.
JPMorgan Chase is in talks to take over the Apple Card business from Goldman Sachs, The Wall Street Journal reports.. Goldman has issued credit for the Apple Card since its launch in 2019, but the ...
With almost 50,000 likes and retweets, he asked Apple and their underwriting partner, Goldman Sachs, to explain why he and his wife, who share the same financial ability, would be granted ...
Goldman Sachs, Apple's banking partner for its credit card and high-yield savings account, is seemingly having doubts about those products. According to The Wall Street Journal, Goldman is looking ...
Beyond its deal with Apple, Goldman’s consumer-facing business includes a credit card partnership with General Motors as well as GreenSky, the lending company Goldman bought for $2.2 billion in ...
Example of physical Apple Card, issued by Goldman Sachs Bank USA. In March 2019, Apple, Inc. announced that it would partner with Goldman Sachs to launch the Apple Card, the bank's first credit card offering. [115] The partnership opportunity had been turned down by other banks including Barclays, Citigroup, JPMorgan Chase and Synchrony Financial.
The bank began talks with Apple under former Goldman CEO Lloyd Blankfein, who left in 2018, to create a credit card that would tap into the tech giant's enormous customer base.
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.