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.
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.
The Apple Card Savings is set to dip for the second time since the Federal Reserve cut rates in September, reaching an all-time low of 4.1% APY.
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.
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.
Apple is making a new offer to select iPhone users to apply for its Apple Card credit card, including the highest "welcome bonus" the company has yet offered.
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.
A returning Apple Card Family promotion can provide a user up to $100 and a family unit up to $200 in rewards for bringing new users to a family group.
Apple has begun notifying users of the first-generation titanium Apple Card rolled out in 2019 about its upcoming expiration and replacement.
Apple and Nike have released a new promotional offer, which will give Apple Card holders 10% cash back on Nike purchases made through Apple Pay.
As of April 3, 2024, the annual percentage yield for Apple Savings account users is 4.4%, down from its previous high of 4.5% set in January.
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.
Users of third-party budgeting apps for iOS can now keep track of their Apple Card, Apple Cash, and Savings figures, with Apple allowing access to the data points once again.
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.
Apple is making it easier to keep spending Apple Cash online, with the iOS 17.4 beta allowing users to create a virtual card number.
It's been nearly five years since the introduction of the Apple Card, and cardholders are taking advantage of everything it offers.
The Apple Savings account of Apple Card is giving more to its customers, raising the interest rate for deposited funds up to 4.5%.
Apple Card customers' Apple Savings account can now grow at an increased 4.35% APY, but the higher rate is still behind the competing high-yield savings accounts.
For a few hours on Wednesday Apple's online financial services such as Apple Pay were down for some users, with reported issues including transaction notifications and in-App payments.
American Express may be in the minds of analysts as an Apple Card lender replacement, but the company's CEO doesn't seem that excited about the prospect.
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William Gallagher
Malcolm Owen
Wesley Hilliard
Amber Neely
Charles Martin
Andrew Orr
Marko Zivkovic
Mike Wuerthele
