Apple to end Goldman Sachs partnership for Apple Card
Is it curtains for Apple Card? I doubt it, given the high-value clients it has already attracted, but news confirms claims of tensions with Goldman Sachs.
Insights for the rest of us
Is it curtains for Apple Card? I doubt it, given the high-value clients it has already attracted, but news confirms claims of tensions with Goldman Sachs.
Apple wanted to let users buy and sell stocks using their iPhones, presumably via the Stocks app, but put the plan on ice as the economy got scary.
Liz Martin, Goldman Sachs’s head of Enterprise Partnerships, praises shared focus on best-in-class customer experience that promotes healthier financial lives
An India national news report cites unattributed sources who claim Apple is in talks with banks in India to perhaps introduce some version of Apple Card there.
With near $1 billion saved in its Apple Savings in just four days, Apple is building a bulwark among the world’s wealthiest to help it thrive in tough times.
The service exists inside the Savings dashboard in Wallet. There it will be possible to track the account balance and top up interest earned over that time.
Apple tweaks Apple Card with a feature that lets users automatically stash their Daily Cash rewards into a new high-yield Savings account from Goldman Sachs.
Apple Cash now uses Visa’s payment network, could this be a step to making the service international? Can Apple Card be far behind? What is Apple planning?
“Apple Card has a great runway ahead…” said Cook. “Growth of Apple Pay has been just stunning, .. there’s a lot more there to go…” What’s coming?
Picking up an Apple Card might be a more astonishing experience than you think. Here are a few things about this new credit card that might surprise you.