Chase Reportedly in Advanced Talks to Become New Apple Card Partner
JPMorgan Chase is in "advanced talks" with Apple about becoming the Apple Card's new financial partner, according to The Wall Street Journal.
JPMorgan owns Chase Bank, one of the largest banking chains in the United States.
Barclays and Synchrony were also reportedly in the running to become the Apple Card's new financial partner, but it looks like JPMorgan Chase is currently the frontrunner. The report said JPMorgan Chase's talks with Apple "accelerated in recent months."
JPMorgan Chase would be taking over for Goldman Sachs.
In 2023, The Wall Street Journal reported that Goldman Sachs wanted out of its Apple Card partnership, but it has yet to part ways with Apple.
Goldman Sachs is in the process of winding down its consumer lending business, which has lost billions of dollars in recent years. On an earnings call this year, Goldman Sachs CEO David Solomon said the company is contracted to be the Apple Card's lender until 2030, but he said there is a "possibility" that the partnership will end earlier.
Last year, the U.S. Consumer Financial Protection Bureau fined Apple and Goldman Sachs nearly $90 million combined after finding the companies mishandled transaction disputes and misled iPhone users about interest-free payment options.
If the Apple Card does eventually get a new financial partner, it is unclear if there would be any major changes to the card's features and policies.
On the payment network side, it has been reported that Visa and American Express have expressed interest in taking over for Mastercard.
Launched in 2019, Apple's credit card remains available in the U.S. only.
Popular Stories
Apple today announced a "special Apple Experience" in New York, London, and Shanghai, taking place on March 4, 2026 at 9:00am ET.
Apple invited select members of the media to the event in three major cities around the world. It is simply described as a "special Apple Experience," and there is no further information about what it may entail. The invitation features a 3D Apple logo design...
Back at WWDC 2025, Apple revealed that it was planning to allow CarPlay users to watch video via AirPlay in their vehicles while they are not driving, and the first beta of iOS 26.4 suggests the feature may be nearing availability.
There are several new references to CarPlay video streaming functionality within the iOS 26.4 beta's source code. The feature is not yet visible to users, but...
Apple on Monday invited selected journalists and content creators to a "special Apple Experience" on Wednesday, March 4 in New York, London, and Shanghai.
At an Apple Experience, attendees are typically given the opportunity to try out Apple's latest hardware or software. Following the launch of Apple Creator Studio last month, for example, some content creators attended an Apple Experience...
Apple is looking for a "breakthrough" with its push into wearable AI devices, including an "AirTag-sized pendant," according to Bloomberg's Mark Gurman.
In a report this week, he said the pendant is reminiscent of the failed Humane AI Pin, but it would be an iPhone accessory rather than a standalone product.
The pendant would feature an "always-on" camera and a microphone for Siri voice...
New trade-in data indicates that Apple's iPhone 17 Pro Max has rapidly become the single most traded-in smartphone.
According to a new report from SellCell, Apple's latest flagship iPhone has quickly risen to the top of the independent trade-in market, accounting for 11.5% of all devices appearing in the top-20 trade-in rankings just months after release. The analysis is based on SellCell...
