Apple Pulls Plug on Goldman Credit-Card Partnership - eviltoast
  • TheFluffiestFur@alien.topB
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    1 year ago

    Eli5: Does Apple have a bank account that’s set for payments/refunds for credit card holders?

    Like, do they have a line of credit that creates new lines of credit beneath the main one whenever someone gets a new Apple Credit Card?

    • timffn@alien.topB
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      1 year ago

      Goldman Sachs is the bank. They provide the lines of credit. Apple is the user interface.