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Wednesday, November 11, 2026

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Apple Card is moving from Goldman Sachs to JPMorgan Chase

The January 2026 deal ended Goldman's run as Apple's consumer banking partner, with a handover expected to take about two years.

Kivorent News desk, published , 1 min read

2 yearsexpected length of the handover to Chase

This is a look back at an event from . We wrote it on November 11, 2026, from the sources listed at the end.

JPMorgan Chase will replace Goldman Sachs as the bank behind the Apple Card and Apple's savings account, the companies said on January 7, 2026. MacRumors reported that the transition would take about two years and that cardholders could keep using their cards as normal in the meantime.

Why it mattered

The Apple Card launched in 2019 as Goldman Sachs's biggest move into consumer banking. Goldman later pulled back from that business, and a new partner for the card had been expected for some time.

For Chase, already the largest credit card issuer in the United States, the deal added a card built into the iPhone's wallet. For cardholders, the practical question is whether the card's terms change once the move is complete.

This article is general information. It is not investment advice, and trading involves the risk of losing money.

Sources

AppleIPOs and deals

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