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883 JPMorgan Chase Reaches a Deal To Take Over the Apple Credit Card

Slashdot
BeauHD @ Slashdot · 01/07/2026 17:40 EDT

JPMorgan Chase Reaches a Deal To Take Over the Apple Credit Card

According to the Wall Street Journal (paywalled), Goldman Sachs is transferring Apple Card and Apple Savings to JPMorgan Chase. "It was clear in 2023 that Goldman Sachs would exit the consumer credit game, abandoning its Apple Card partnership with it," reports AppleInsider. "However, it has taken 26 months to reach a point where it can finally hand over issuing control to another bank." From the report: Goldman Sachs is reportedly expected to hand over the $20 billion of outstanding balances at a $1 billio

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