According to people familiar with the matter, J.P. Morgan Chase, the largest bank in the US, has reached an agreement to take over the Apple credit card business from Goldman Sachs. Goldman Sachs plans to use a balance discount of more than $1 billion to divest approximately $20 billion in outstanding credit card accounts. Furthermore, people familiar with the matter revealed that J.P. Morgan is planning to launch a new Apple Savings Account product. Consumers who currently have an Apple Savings account at Goldman Sachs can choose to stay with Goldman Sachs or switch to J.P. Morgan to open a new account. If there are no sudden changes to this agreement, it is expected that it will soon be announced to the public.

According to people familiar with the matter, J.P. Morgan Chase, the largest bank in the US, has reached an agreement to take over the Apple credit card business from Goldman Sachs. Goldman Sachs plans to use a balance discount of more than $1 billion to divest approximately $20 billion in outstanding credit card accounts. Furthermore, people familiar with the matter revealed that J.P. Morgan is planning to launch a new Apple Savings Account product. Consumers who currently have an Apple Savings account at Goldman Sachs can choose to stay with Goldman Sachs or switch to J.P. Morgan to open a new account. If there are no sudden changes to this agreement, it is expected that it will soon be announced to the public.