JPMorgan Chase Takes Over as Apple Card Issuer
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Apple has officially announced that JPMorgan Chase will become the new issuer of the Apple Card, replacing Goldman Sachs. The transition is expected to take up to 24 months, but Apple emphasized that there are no immediate changes for customers, including those applying for new cards.
The Apple Card will continue to operate on the Mastercard network, and card features, rewards, and user experience will remain the same for now. From a consumer perspective, the handover is designed to be seamless, preserving the familiar Apple-integrated credit card experience.