this post was submitted on 31 Jul 2023
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Apple Card

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Apple Card: Goldman likely stuck, Amex unlikely contender, Tim Cook once denied - 9to5Mac (9to5mac.com)
submitted 2 years ago by [email protected] to c/[email protected]
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I don't think they'll find a major bank that's willing to take the accounts. Looking at the financials for Goldman's consumer division, it seems they went into this unprepared for how consumers use credit.

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[–] chase_what_matters 2 points 2 years ago (1 children)

I wonder about Barclays, a bank with infrastructure for consumer credit but you’re not seeing ads with their name. They handle branded cards for airlines, cruises, and retail.

[–] paraphrand 2 points 1 year ago (1 children)

They handled the old credit lines/cards Apple historically had back in the day.

[–] chase_what_matters 2 points 1 year ago

Didn’t know that!