At this point, Apple needs to start a bank under their parent company and just use that

I’m no economist but is this not an option? They’re one of the largest companies in the world, surely they can figure it out if seats at one point did

This would cannibalize their Freedom Unlimited card, no? 1.5X on Freedom Unlimited vs 2X on the Apple Card, though UR is better in a lot of cases vs straight cash back.

Would make sense since Chase have extensive experience with consumer banking, unlike Goldman.

At least not Amex. That would make all my credit cards Amex.

I really wanted them to keep Mastercard as it covers really well merchants, especially outside the US that Amex doesn’t have.

Interesting. Could be an easier option for rollout in other markets, as Chase operate in big markets like Canada and UK

I‘d wager Apple won’t announce anything till middle of 2024. The migration of users will probably see several stalls to the timeline.

No more easy CLI without hard inquiries if it’s chase :(

Is GS getting out because it’s not profitable and people are paying balances off in full AND banking high interest savings? If so why would any bank take that on?

I hope they go with Amex or someone else who operates in Canada. I’ve wanted an Apple Card since it was announced but they never made it available in Canada

Holding out for the Diner’s Club International Apple MasterCard [tm].

Also of note, Apple is turning more of its attention to 6G, even as it works on 5G cellular modem.

great, that would make every card I own a chase card.

Surprise surprise, a random blogger with “supply chain sources” out of Japan does not know the status of Apple’s 5G modem.

They’ve been reporting this info for like a year. I wonder if it’ll ever happen.

I’d be down with chase or Amex

Chase sounds good to me. Better than Amex.