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Goldman Sachs Issued $10 Billion in Credit Lines for Apple Card: The Risks and Rewards of Partnering



The Apple Card arrived at the end of August, but it has already attracted a large number of iPhone owners who want the no-fee structure, bonus cashback rewards on certain purchases, and seamless iOS integration. Goldman Sachs appears to have issued a whopping $10 billion in credit lines as of September 30. In total, the customers who signed up for the Apple Card had $736 million in loan balances during the period.




Goldman Sachs Issued $10 Billion in Credit Lines for Apple Card


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