_____WESTBROOK_____@alien.topB to Apple@hardware.watchEnglish · 10 months agoApple Pulls Plug on Goldman Credit-Card Partnershipwww.wsj.comexternal-linkmessage-square196fedilinkarrow-up11arrow-down11cross-posted to: [email protected][email protected]
arrow-up10arrow-down1external-linkApple Pulls Plug on Goldman Credit-Card Partnershipwww.wsj.com_____WESTBROOK_____@alien.topB to Apple@hardware.watchEnglish · 10 months agomessage-square196fedilinkcross-posted to: [email protected][email protected]
minus-squareTheFluffiestFur@alien.topBlinkfedilinkEnglisharrow-up1·10 months agoEli5: 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?
minus-squaretimffn@alien.topBlinkfedilinkEnglisharrow-up1·10 months agoGoldman Sachs is the bank. They provide the lines of credit. Apple is the user interface.
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?
Goldman Sachs is the bank. They provide the lines of credit. Apple is the user interface.