Apple and Goldman Sachs, an American multinational investment bank and financial services company headquartered in New York City, will launch a new joint credit card, according to the Wall Street Journal, quoting unnamed sources. The card will reportedly carry the Apple Pay brand and will arrive in early 2019.
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Apple and Goldman’s partnership will also extend to other services like store loans for buying iPhones, per the WSJ. The article adds that the deal would replace the existing rewards-card deal between Apple and Barclays, which offers interest-free financing on Apple devices and rewards points towards gift cards.