Apple Card

Visa Inc. (NYSE:V) has reportedly proposed a $100 million payment to Apple Inc. (NASDAQ:AAPL) to secure the Apple Card network. This move comes amid fierce competition among the country’s leading payment networks. What Happened: Apple Card is up for grabs as Goldman Sachs Group Inc. (NYSE:GS...

The Consumer Financial Protection Bureau (CFPB), a government watchdog agency, issued a $89 million fine against Apple Inc (NASDAQ:AAPL) and Goldman Sachs (NYSE:GS) due to “service breakdowns and misrepresentations” that impacted Apple Card users. The agency claims these missteps...

Apple Inc. (NASDAQ:AAPL) is set to lower the interest rate on its Apple Card high-yield savings account, effective Friday, Oct. 11. The new annual percentage yield (APY) will be 4.10%, a decrease from the previous 4.25%. What Happened: This marks the third reduction in the interest rate for the...

Apple Inc. (NASDAQ:AAPL) has unveiled a new set of perks for Apple Card users. The tech giant is offering up to three months of free subscription to most of its online services. What Happened: The Apple Card offer encompasses services such as Apple TV+, Apple Music, Apple Arcade, Apple Fitness+,...

Apple Inc. (NASDAQ:AAPL) has raised the annual percentage yield (APY) for Apple Card’s linked savings account, Apple Savings, to 4.35%. What Happened: On Thursday, Apple Card customers were notified that their Apple Savings account’s APY has been revised to 4.35% from 4.25%. This marks...

With 2023 now over, Apple Inc. (NASDAQ:AAPL) is gearing up to dispatch 1099-INT tax forms to holders of its Apple Card Savings accounts. What Happened: Apple has started sending out emails to its customers informing them that their 1099-INT tax forms are on the way, reported 9to5Mac. Form 1099-INT...

Apple Inc. (NASDAQ:AAPL) has announced a significant increase in the interest rate for its Apple Card Savings Account. The tech giant has upped the rate to 4.25% APY. What Happened: 9to5Mac reported on Wednesday that the savings account, which is exclusive to Apple Card users, permits customers to...

Apple Inc. (NASDAQ:AAPL) is reportedly on the lookout for a new partner to manage its Apple Card operations. This development comes amid an end to its partnership with Goldman Sachs. According to a report by 9to5Mac, a job listing posted in August and removed in October suggested the tech giant is...

Apple Inc. (NASDAQ:AAPL) has reportedly made the call to conclude its credit card alliance with Goldman Sachs Group (NYSE:GS).  What Happened: Apple has proposed a plan to terminate its collaboration with Goldman Sachs. The plan is to dissolve the partnership over the next 12 to 15 months, the Wall...

In a move that reflects a broader reassessment of its consumer lending efforts, Goldman Sachs Group Inc. (NYSE:GS) is preparing to offload its General Motors (NYSE:GM) credit card program. The sale process is expected to be supervised by General Motors itself. What Happened: Goldman Sachs’...

Goldman Sachs Group Inc. (NYSE:GS) is seemingly reversing its stance on consumer lending, contemplating the sale of certain portions of its portfolio, which includes the Apple credit card and other Apple Inc (NASDAQ:AAPL) products, along with the General Motors credit card. What Happened: As...

While there has been speculation that technology giant Apple Inc (NASDAQ: AAPL) will release an electric vehicle, the company has not delivered on this initiative. That doesn’t stop Apple from offering a new incentive for consumers who have an electric vehicle of their own. What Happened:...

Apple Inc. (NASDAQ:AAPL) has launched a limited-time offer for Apple Card users, giving them 5% Daily Cashback on dining and travel expenses until September 20, according to AppleInsider. This promotion allows cardholders to earn 5% Daily Cashback on up to $20,000...

Apple, Inc. (NASDAQ:AAPL) firmed up its foothold in the financial services arena with the launch of the Apple Card four years ago. The company had previously marked a foray into the sector with Apple Wallet and Apple Pay, launched in 2012 and 2014, respectively. Apple Card, a credit card issued by ...

Apple, Inc.‘s (NASDAQ:AAPL) foray into financial services has apparently proved fruitful, adding to the momentum the overall Services business is seeing. What Happened: Apple disclosed Wednesday, the high-yielding savings account it is offering to Apple Card customers has received over $10...