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Goldman Sachs

Latest News

Apple Card Savings returns keep shrinking as APY falls to 3.4%

Apple Card Savings customers are earning less again as the account's annual percentage yield falls to a new low of 3.4%, extending a series of rate cuts that have reduced returns for savers.

Andrew Orr 1 week ago 3

JP Morgan took a profit hit to set aside money to run Apple Card

JP Morgan Chase's Q4 profits dropped 7%, chiefly because of it starting the funding process to take over running Apple Card.

William Gallagher 4 months ago 16

Apple Card moving to Chase as issuer, confirms Apple

Apple has confirmed that Chase will take over issuing Apple Card over the next 24 months, but Apple Card service will not be interrupted, and Mastercard will continue to be the payment network.

Wesley Hilliard 5 months ago 11
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Apple Card shifting to another big bank will probably kill this small company

The transition of the Apple Card from being financed by Goldman Sachs to JPMorgan Chase will probably cut out a smaller company, CoreCard, that currently handles the credit card.

Charles Martin 10 months ago 12

JPMorgan Chase is the hot favorite for Apple Card takeover

JPMorgan Chase may become the new host for Apple Card, with Apple reportedly viewing the bank as the preferred replacement for Goldman Sachs.

Malcolm Owen 10 months ago 8

Mastercard may be in for a fight to stay Apple Card network provider

There's been a quiet battle between banks to be the next Apple Card issuer as Goldman Sachs moves on, but another battle is brewing between networks to take over from Mastercard.

Wesley Hilliard 1 year ago 17

Apple Card may get taken over by Barclays, Synchrony

Just a day after the Goldman Sachs CEO said that his company's deal to service Apple Card customers may end early, two banks are said to be in active discussions to take over.

Mike Wuerthele 1 year ago 5

Apple Card's future in question as Goldman Sachs CEO eyes early exit

Goldman Sachs CEO David Solomon signaled the possible early end of the bank's Apple Card partnership due to financial losses and regulatory challenges.

Andrew Orr 1 year ago 10

Apple donating to LA wildfire recovery & allowing affected Apple Card holders to delay payments

Apple is donating to LA wildfire relief efforts and will let impacted Apple Card users postpone their payments.

Marko Zivkovic 1 year ago 2

Apple and Goldman Sachs hit with $90 million penalty over Apple Card

The Consumer Financial Protection Bureau has ruled that Apple was not ready for Apple Card disputes, and tens of thousands were then not dealt with properly by Goldman Sachs.

William Gallagher 1 year ago 10

Goldman Sachs faces $50M in fines over Apple Card failures

Goldman Sachs could be forced to pay tens of millions of dollars in fines by the Consumer Financial Protection Bureau, over the way it handled complaints about Apple Card and other credit cards.

Malcolm Owen 1 year ago 6

Apple Card Savings cuts interest rate again

Originally marketed as a high-yield account, Apple Card Savings has once more had its interest rate reduced.

William Gallagher 1 year ago 7

JPMorgan could take over duties as Apple Card issuer if it gets a good enough deal

As Goldman Sachs prepares to offload its responsibilities to Apple, a new suitor has appeared. JPMorgan seems interested in taking the mantle — but with conditions.

Amber Neely 1 year ago 9

Goldman Sachs is certain to lose millions when it sells off Apple Card

Apple Card is a popular hit with everyone except Apple's partner Goldman Sachs, with it likely to lose millions as it tries to pull out.

William Gallagher 1 year ago 13

Apple Card is still best in its customer satisfaction category for four straight years

For the fourth year running, Apple Card has managed to snag best in customer satisfaction among co-branded credit cards with no annual fee as rated J.D. Power.

Amber Neely 1 year ago 1

Apple Savings APY to decrease for first time on April 3

Apple Card customers taking advantage of the high-yield Apple Savings account will see their APY decrease for the first time from 4.5% to 4.4% on April 3.

Wesley Hilliard 2 years ago 2

You can now save up to $1 million in your Apple Card Savings Account

Goldman Sachs has contacted Apple Card owners to inform them that the bank has now raised savings account limits to $1 million, up from the previous $250,000.

Amber Neely 2 years ago 11

Chase could be a potential partner for Apple Card

Chase could be the best partner for Apple Card, a report proposes, with previous history between the bank and the iPhone maker seemingly making it the best possible successor to Goldman Sachs for Apple's credit-based service.

Malcolm Owen 2 years ago 19
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