Best case is Apple keeps quiet about it, and they already have another partner lined up. Essentially a silent backend transition.
Worst case scenario is they abandon consumer credit altogether, and we lose the card and the savings account. Which would… really suck. I built a majority of my credit with the Apple Card, and have a lot savings in the savings account.
You should be building up credit with other issuers. Even if all the drama wasn’t happening here with Apple Card and GS. Not a good idea to have all your financial eggs in one basket.
So what’s the play here?
Best case is Apple keeps quiet about it, and they already have another partner lined up. Essentially a silent backend transition.
Worst case scenario is they abandon consumer credit altogether, and we lose the card and the savings account. Which would… really suck. I built a majority of my credit with the Apple Card, and have a lot savings in the savings account.
What are we projecting to happen here?
Just use this, I moved all my funds from GS to here: https://www.cit.com/cit-bank/bank/savings/platinum-savings-account
You should be building up credit with other issuers. Even if all the drama wasn’t happening here with Apple Card and GS. Not a good idea to have all your financial eggs in one basket.