Apple ending relationship with Goldman Sachs, fate of Apple Card unclear
1 min read
Apple and Goldman Sachs are ending their partnership that currently consists of the Apple Card and Apple Card Savings Account. According to The Wall Street Journal, Apple has “sent a proposal to Goldman to exit from the contract in the next roughly 12-to-15 months.”
Update: In a statement to CNBC, Apple said that it will “continue to innovate” for Apple Card customers:
Apple and Goldman Sachs are focused on providing an incredible experience for our customers to help them lead healthier financial lives. The award-winning Apple Card has seen a great reception from consumers, and we will continue to innovate and deliver the best tools and services for them.
