Celebrating its fifth year, Apple Card has announced a major milestone with over $1 billion in Daily Cash rewards earned by its 12 million users in 2023.
Back in July, reports claimed Goldman Sachs was in talks about selling its partnership with Apple Card to American Express, as part of the former’s plan to scale back its consumer business. Now, the Wall Street Journal, citing individuals familiar with the situation, say Apple is planning to terminate its credit card collaboration with Goldman...
Goldman Sachs is reportedly reassessing its consumer lending ventures, including its partnership with Apple on credit card products, says the Wall Street Journal. According to people familiar with the matter, some senior executives at Goldman are contemplating exiting the consumer lending space entirely, which would include the Apple credit card and other Apple financial products....
Apple Card isn’t available in Canada or outside of the U.S., but it’s interesting to follow what’s happening with this iPhone-linked credit card offering. Goldman Sachs Group is reportedly in talks with American Express to transfer its Apple credit card and other related businesses, according to sources knowledgeable about the matter speaking to the Wall...
Apple is currently negotiating with banks and regulatory authorities in India to introduce its Apple Card credit card, according to sources speaking to MoneyControl. During his visit to India in April, Apple CEO Tim Cook reportedly met with HDFC Bank CEO and MD Sashidhar Jagdishan to discuss the potential partnership. The tech giant is also...
Canadians can only continue to dream about having Apple Card in Canada, the iPhone maker’s digital Mastercard offering built right into the smartphone’s Wallet app. Today Apple announced Apple Card users can now grow their Daily Cash rewards with a high-yield Savings account from Goldman Sachs, which comes with 4.15% annual percentage yield (APY). Apple...
Apple Card, the credit card for iPhone users in the U.S., is set to gain a new high-yield Saving account in the coming months, from Goldman Sachs. According to Apple, the Daily Cash earned from everyday purchases made with Apple Card will be automatically deposited into this Savings account. Users will also be able to...
Apple Card and issuer Goldman Sachs ranked highest in the Midsize Credit Card Issuer segment of the annual J.D. Power US Credit Card Satisfaction Study.
The effort is internally codenamed "Breakout" as an allusion to the idea of users breaking free from the current establishment players in the financial system.