The Apple Cash card is issued by Green Dot Bank, which is a member of the Federal Deposit Insurance Corporation. More information may be found at apple.com/apple-pay. Following the posting of a transaction to your account, Daily Cash is earned on purchases.
Who is the bank behind the new Apple Card?
Marcus by Goldman Sachs is the financial institution that is behind the Apple Card. The Specifics of the New Apple Credit Card After a limited rollout on Aug. 6, 2019, the card will be made available to the general public later in the month of August 2019. The Apple Card will be stored in your Wallet App and will be accessible from any Apple device that has the app installed.
Is the Apple credit card issued by Goldman Sachs?
Despite the fact that the Card is issued by Goldman Sachs, Apple retains significant influence over the Card. Among the many goals of Apple was for the Card to have among of the lowest interest rates available among rewards credit cards, which it does, according to the website The Balance.