Chase Officially Reaches Agreement to Take Over Apple Card

Video Description

Try Cardpointers: https://cardpointers.com/fern93/ Apple Card may be headed for its biggest change since launch. According to reports, JPMorgan Chase has reached an agreement to take over the Apple Card program from Goldman Sachs, marking a major shift in Apple’s financial services strategy. While the deal hasn’t been formally announced yet, this move would place one of the largest co-branded credit card programs in the world under the control of the biggest bank in the U.S. Best Apple Deals: iPad mini: https://amzn.to/4ssd6r9 M4 MacBook Air: https://amzn.to/4pmYtCQ M4 Mac mini: https://amzn.to/4q5hhYi A16 iPad: https://amzn.to/49kON5Q AirPods Pro: https://amzn.to/3N3CIKW 4 pack AirTags: https://amzn.to/4qH8rjF Subscribe to our Podcast https://www.youtube.com/playlist?list=PLP3DOW_eX2AwO_whrINOi-TuAdgsSR83i https://podcasts.apple.com/us/podcast/9to5mac-overtime/id1727206360 Subscribe to the channel! https://youtube.com/@9to5Mac?sub_confirmation=1 Follow me on X: @nandoprince93 📦 Other tech I like: The $2 Airtag: https://9to5toys.com/2024/11/25/heres-how-to-get-an-airtag-for-just-2/ iMac mini m4: https://amzn.to/3B5Kleg ($529, Normally $599) M2 MacBook Air: https://amzn.to/3VcDlTq ($749, normally $999) M3 Macbook Air: https://amzn.to/3ZcWrtX ($844, normally $1099) M4 MacBook Pro 14: https://amzn.to/3B1CjD6 ($1749, Normally $1999) iPad 10th Gen: https://amzn.to/49bKkC6 ($259, Normally $349) iPad mini 7th Gen: https://amzn.to/3ZrPVkd ($459, Normally $499) iPad Air 11: https://amzn.to/415W6vP ($499, $599) Apple Pencil: Apple Watch SE: https://amzn.to/4idQDJc ($149, Normally $249) Series 10: https://amzn.to/3CQ3ZLM ($359, Normally $429) AW Ultra Ocean: https://amzn.to/3ZqPbvM ($719, Normally $800) AirPods Pro: https://amzn.to/4i7na3H ($153, Normally $249) AirTags: https://amzn.to/3Z9RpP0 ($72, Normally $99) ⏱️ Chapters: 00:00 - Chase Reaches Agreement to Take Over Apple Card 00:21 - Apple Card Overview & $20B in Balances 00:40 - The Bigger Debt Picture in the U.S. 00:56 - Why the Deal Isn’t Official Yet 01:14 - Apple Card Isn’t Going Away 01:33 - Why Chase Wants Apple Card Users 01:48 - Apple Card’s Loyal Fan Base Explained 02:04 - How Chase Can Upsell Apple Card Customers 02:19 - Why Apple Needs a Bank Like Chase 02:38 - Goldman Sachs’ Apple Card Problem 02:59 - Goldman’s Consumer Banking Experiment 03:14 - Subprime Exposure & Delinquency Issues 03:29 - Goldman’s $7B Loss Explained 03:51 - Why This Was a Bad Partnership 04:06 - The $1 Billion Discount Detail 04:20 - Why This Is a Win for Chase 04:34 - What We Know So Far for Apple Card Users 04:47 - Apple Card Perks & Cash Back Breakdown 05:25 - Apple Card 0% Financing Explained 05:40 - Apple Savings Account & Chase Concerns 05:55 - High-Yield Savings vs Chase Rates 06:10 - Choice for Existing Apple Savings Users 06:29 - What New Apple Card Applicants Should Expect 06:42 - Personal Take: Chase Ecosystem Advantages 07:07 - Who Won the Apple Card Deal? 07:42 - Why Apple Card Surviving Matters 08:01 - Apple Card as a Learning Tool 08:25 - Will Apple Card Change Under Chase? 08:37 - Final Thoughts & Subscribe 08:51 - Outro #AppleCard #Chase #AppleNews