_____WESTBROOK_____@alien.topB to Apple@hardware.watchEnglish · 11 months agoApple Pulls Plug on Goldman Credit-Card Partnershipwww.wsj.comexternal-linkmessage-square88fedilinkarrow-up10arrow-down11cross-posted to: hackernews@lemmy.smeargle.fanshackernews@derp.foo
arrow-up1-1arrow-down1external-linkApple Pulls Plug on Goldman Credit-Card Partnershipwww.wsj.com_____WESTBROOK_____@alien.topB to Apple@hardware.watchEnglish · 11 months agomessage-square88fedilinkcross-posted to: hackernews@lemmy.smeargle.fanshackernews@derp.foo
minus-squareTheFluffiestFur@alien.topBlinkfedilinkEnglisharrow-up0·11 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-up1·11 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.