Apple Card is already making an impact on JPMorgan Chase’s bottom line, reports The Wall Street Journal—and not in a good way.
JP Morgan Chase's Q4 profits dropped 7%, chiefly because of it starting the funding process to take over running Apple Card.
Ultimately, Apple went with JP Morgan Chase, who also secured protection in the event “card delinquencies spiked or performance deteriorated in the period after the banks signed the contract.” Chase ...
Upgraded Points on MSN
How the switch from Goldman Sachs to Chase affects your Apple Card
Big changes are coming to Apple Card — but not overnight. Apple has confirmed that Chase will become the new issuer of Apple ...
Apple’s innovative self-branded credit card, Apple Card, was expected to overturn the existing retail banking industry and transform relationships between bankers and customers. Equipped with generous ...
The Apple Card, known for its intuitive features and other perks for consumers, will now be issued by JPMorgan Chase, but Apple says nothing will change for users. The handover to JPMorgan brings ...
Credit card service is currently provided by Goldman Sachs. Apple says the transition to Chase will take about two years, but ...
The Apple Card, known for its intuitive features and other perks for consumers, will now be issued by JPMorgan, but Apple ...
The largest U.S. bank will assume a $20 billion portfolio of Apple customers as Goldman Sachs extricates itself from consumer ...
Money Digest on MSN
How to increase your Apple Card credit limit
Apple customers who have signed up for an Apple Card may qualify for credit limit increases. Here's how to obtain them.
Apple launched its first credit card in August 2019, and as of early 2024 the Apple Card had more than 12 million users.
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