In a surprising move reported by The Wall Street Journal, Apple is severing ties with Goldman Sachs, concluding their credit card partnership within the next 12 to 15 months. The dissolution encompasses the entire consumer partnership, including the popular Apple Card and the Apple Savings account. While Apple has not yet disclosed details about a…
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In a surprising turn of events, Goldman Sachs, Apple’s trusted banking partner for its groundbreaking credit card and high-yield savings account, appears to be reevaluating its commitment to these consumer-oriented products. Reports from The Wall Street Journal suggest that the financial giant is considering exiting the consumer lending business, which could have significant implications for…
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In a resounding triumph for Apple, the tech giant revealed that its high-interest savings account for Apple Card has surpassed a staggering $10 billion in customer deposits. Launched in April, this savings account, in partnership with Goldman Sachs, has proven to be a smashing hit, and the official figures released by Apple today leave no…
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Apple Card Savings Account, launched in April, introduced a high-yield savings option for Apple Card users, allowing them to earn 4.15% interest on their funds. However, recent reports from the Wall Street Journal shed light on certain challenges faced by users, including significant delays in transferring money to external bank accounts. In response to these…
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In a bid to delight its customers, Apple has unveiled an enticing new promotion for Apple Card holders. Starting from July 11, 2023, until July 25, 2023, new Apple Card owners who sign up during this period will enjoy a remarkable 10 percent Daily Cash back on all App Store purchases for the first six…
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Apple and Goldman Sachs have had a deep connection through their Apple Card venture, but it seems this marriage isn’t as blissful as one might think. The Wall Street Journal has revealed that Goldman Sachs is currently in discussions with American Express to potentially transfer its partnership with Apple. This comes after the financial giant…
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Apple Card Monthly Installments is undergoing a significant change that will affect new Apple Watch purchases starting August 15, as reported by the fine print on Apple’s official website. In a recent update to their support document, Apple unveiled that the installment term for the Apple Watch will be reduced from 24 months to 12…
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Apple and Nike have teamed up to offer Apple Card users an exclusive deal that provides six percent Daily Cash back on purchases made through the end of May. This offer is double the typical three percent cash back that is available on Apple Card purchases, and it is available on up to $500 in…
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Apple’s latest venture into the world of finance, the Apple Card Savings Account, seems to be off to a hot start. According to a recent report from Forbes, the new account attracted almost $1 billion in deposits within the first four days of its launch. The report cites two anonymous sources and reveals that the…
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Apple has announced that its Apple Card Savings Account is now available on the Wallet app, offering a high-yield annual percentage rate (APY) of 4.15%. This new integration was first announced back in October, and the company has been developing it ever since. The Savings Account is designed to help users save more money and…