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What consumers need to know about the upcoming credit card from Apple and Goldman Sachs

March 25, 2019

Apple AAPL, -1.60% will unveil new entertainment and news services at a press event Monday, but the company is also expected to share more details on the credit card it’s launching with Goldman Sachs GS, -1.22%

The card, which will be Goldman’s first, will help the two companies meet major goals. Apple will diversify its revenue base through the swipe fees it will earn, while for Goldman, the credit card fits neatly into the investment bank’s push into consumer-facing financial services. The card is designed to be used in concert with the iPhone and Apple Pay.

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