Apple and Goldman Sachs are teaming up to launch a new joint credit card. The planned card would carry the Apple Pay brand and could launch early next year, people familiar with the matter said, per WSJ. Apple will replace its longstanding rewards-card partnership with Barclays. That card earn 3X at Apple and 2X at restaurants and points can be used for Apple or iTunes gift cards. It also offers interest-free financing on Apple devices.
The partnership will extend into other services including Goldman offering in-store loans to Apple customers buying iPhones and other gadgets. Apple and Goldman are still hashing out the terms and benefits of the planned card including the perks for customers.
I don’t expect this card to be very interesting to our readers, but I’m sure if will have a market with Apple lovers.