‘WSJ’: Apple, Goldman Sachs planning a joint credit card

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.

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.