Goldman Sachs considers ending cooperation with Apple, reports the Wall Street Journal Friday, citing sources accustomed to the matter.
The iPhone maker and Goldman Sachs began rolling out a virtual bank card in 2019.
The bank is in talks with American Express to amass Apple’s bank card and other ventures with the tech giant, the report added.
![Goldman Sachs logo](https://nypost.com/wp-content/uploads/sites/2/2023/06/NYPICHPDPICT000010509204.jpg?w=1024)
In March, Apple launched its “buy now, pay later” service in the USA under its Mastercard Installment program, with Goldman Sachs because the issuer of Mastercard payment credentials.
Apple’s bank card, which is made from titanium and has no visible number, currently offers 3% day by day cashback to spend or save, Apple’s website said.
It also offers interest-free monthly installments for purchases of Apple devices.
![Apple logo](https://nypost.com/wp-content/uploads/sites/2/2023/06/NYPICHPDPICT000013438590.jpg?w=1024)
American Express didn’t immediately reply to a Reuters request for comment, while Apple and Goldman Sachs declined to comment.