JPMorgan Chase to Replace Goldman Sachs as Apple Card Issuer

JPMorgan Chase will take over as the issuer of the Apple Card, replacing Goldman Sachs in a deal involving over $20 billion in card balances. The transaction, announced on January 7, 2026, is subject to regulatory approval and is expected to close in about two years.

洞察:
JPMorgan Chase & Co. has announced it will become the new issuer of the Apple Card, taking over from Goldman Sachs Group Inc. in a significant shift within the U.S. credit card market. The deal, unveiled on January 7, 2026, involves transferring over $20 billion in card balances to JPMorgan's platform and represents a strategic realignment for all parties involved.
People walk in front of the JPMorgan Chase & Co. building before the ribbon cutting ceremony at the firm's new headquarters at 270 Park Avenue, in New York City, U.S., October 21, 2025. REUTERS/Eduardo Munoz
People walk in front of the JPMorgan Chase & Co. building before the ribbon cutting ceremony at the firm's new headquarters at 270 Park Avenue, in New York City, U.S., October 21, 2025. REUTERS/Eduardo Munoz
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