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Goldman May End Apple Credit Card Partnership

Goldman May End Apple Credit Card Partnership
(AP)

Friday, 30 June 2023 04:48 PM EDT

Goldman Sachs is considering exiting its partnership with Apple, The Wall Street Journal reported Friday.

The iPhone-maker and Goldman Sachs started rolling out a virtual credit card in 2019.

The bank is in talks with American Express to take over its Apple credit card and other ventures with the tech giant, the report added, citing people familiar with the matter.

Apple, Goldman Sachs and American Express did not immediately respond to Reuters requests for comment.

Apple said earlier this year that it will partner with Goldman Sachs to offer high-yield savings to card customers as banks compete for customer dollars.

© 2026 Thomson/Reuters. All rights reserved.


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Goldman Sachs is considering exiting its partnership with Apple, The Wall Street Journal reported Friday.
goldman, apple, virtual credit card
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2023-48-30
Friday, 30 June 2023 04:48 PM
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