https://www.macrumors.com/2023/11/28/apple-goldman-sachs-partnership-ending/accept the Apple Card, nor is it able to collect annual fees, late fees, or foreign transaction fees."
"Goldman Sachs was new to consumer banking when the Apple Card launched, and to establish a deal with Apple, it is not collecting fees that many credit card issuers receive. The bank does not get a cut of the fee that merchants pay to Apple to
How was this deal going to make money for Goldman Sachs when they had to pay for all the back-office expenses, including customer service staff? Those expenses have been significant:running into customer service issues due to long wait times for disputed Apple Card transactions and issues with the Apple Savings account."
"Goldman Sachs and Apple have worked together on the Apple Card since it launched in 2019, and have also teamed up for the high-yield Apple Savings account and the Apple Pay Later feature. The partnership has not gone smoothly, with Goldman Sachs
Goldman Sachs apparently receives only credit card and loan interest connected to Apple Card use. Apple benefits significantly at little expense.
On 11/29/23 9:52 AM, Thomas E. wrote:accept the Apple Card, nor is it able to collect annual fees, late fees, or foreign transaction fees."
https://www.macrumors.com/2023/11/28/apple-goldman-sachs-partnership-ending/
"Goldman Sachs was new to consumer banking when the Apple Card launched, and to establish a deal with Apple, it is not collecting fees that many credit card issuers receive. The bank does not get a cut of the fee that merchants pay to Apple to
Sachs running into customer service issues due to long wait times for disputed Apple Card transactions and issues with the Apple Savings account."How was this deal going to make money for Goldman Sachs when they had to pay for all the back-office expenses, including customer service staff? Those expenses have been significant:
"Goldman Sachs and Apple have worked together on the Apple Card since it launched in 2019, and have also teamed up for the high-yield Apple Savings account and the Apple Pay Later feature. The partnership has not gone smoothly, with Goldman
Goldman Sachs apparently receives only credit card and loan interest connected to Apple Card use. Apple benefits significantly at little expense.Apple Card is a fine product. It will be better under a more
intelligent bank.
On 11/29/23 9:52 AM, Thomas E. wrote:
https://www.macrumors.com/2023/11/28/apple-goldman-sachs-partnership-ending/ >>
"Goldman Sachs was new to consumer banking when the Apple Card
launched, and to establish a deal with Apple, it is not collecting
fees that many credit card issuers receive. The bank does not get a
cut of the fee that merchants pay to Apple to accept the Apple Card, >> nor is it able to collect annual fees, late fees, or foreign
transaction fees."
How was this deal going to make money for Goldman Sachs when they had
to pay for all the back-office expenses, including customer service
staff? Those expenses have been significant:
"Goldman Sachs and Apple have worked together on the Apple Card
since it launched in 2019, and have also teamed up for the high-yield
Apple Savings account and the Apple Pay Later feature. The partnership
has not gone smoothly, with Goldman Sachs running into customer
service issues due to long wait times for disputed Apple Card
transactions and issues with the Apple Savings account."
Goldman Sachs apparently receives only credit card and loan interest
connected to Apple Card use. Apple benefits significantly at little
expense.
Apple Card is a fine product. It will be better under a more
intelligent bank.
On 11/29/23 10:30 AM, John wrote:
On 11/29/23 9:52 AM, Thomas E. wrote:
https://www.macrumors.com/2023/11/28/apple-goldman-sachs-partnership-ending/
"Goldman Sachs was new to consumer banking when the Apple Card
launched, and to establish a deal with Apple, it is not collecting
fees that many credit card issuers receive. The bank does not get a
cut of the fee that merchants pay to Apple to accept the Apple Card,
nor is it able to collect annual fees, late fees, or foreign
transaction fees."
How was this deal going to make money for Goldman Sachs when they had
to pay for all the back-office expenses, including customer service
staff? Those expenses have been significant:
"Goldman Sachs and Apple have worked together on the Apple Card
since it launched in 2019, and have also teamed up for the high-yield
Apple Savings account and the Apple Pay Later feature. The partnership
has not gone smoothly, with Goldman Sachs running into customer
service issues due to long wait times for disputed Apple Card
transactions and issues with the Apple Savings account."
Goldman Sachs apparently receives only credit card and loan interest
connected to Apple Card use. Apple benefits significantly at little
expense.
Apple Card is a fine product. It will be better under a moreDoes your card allow you to buy a Apple laptop with 12 months of zero interest?
intelligent bank.
On Wednesday, November 29, 2023 at 7:59:19 PM UTC-5, John wrote:
On 11/29/23 10:30 AM, John wrote:
On 11/29/23 9:52 AM, Thomas E. wrote:Does your card allow you to buy a Apple laptop with 12 months of zero
https://www.macrumors.com/2023/11/28/apple-goldman-sachs-partnership-ending/
"Goldman Sachs was new to consumer banking when the Apple Card
launched, and to establish a deal with Apple, it is not collecting
fees that many credit card issuers receive. The bank does not get a
cut of the fee that merchants pay to Apple to accept the Apple Card, >>>> nor is it able to collect annual fees, late fees, or foreign
transaction fees."
How was this deal going to make money for Goldman Sachs when they had
to pay for all the back-office expenses, including customer service
staff? Those expenses have been significant:
"Goldman Sachs and Apple have worked together on the Apple Card
since it launched in 2019, and have also teamed up for the high-yield
Apple Savings account and the Apple Pay Later feature. The partnership >>>> has not gone smoothly, with Goldman Sachs running into customer
service issues due to long wait times for disputed Apple Card
transactions and issues with the Apple Savings account."
Goldman Sachs apparently receives only credit card and loan interest
connected to Apple Card use. Apple benefits significantly at little
expense.
Apple Card is a fine product. It will be better under a more
intelligent bank.
interest?
No, I'd just pay cash and be done with it. Then too, the credit card rebates I got over the last 18 months would more than pay for a 14" M3 Pro chip model with 12‑core CPU, 18‑core GPU, 16‑core Neural Engine model
Or, has more than paid for all the fuel bill for both of our cars.
On Wednesday, November 29, 2023 at 9:37:40 PM UTC-5, John wrote:
On 11/29/23 6:02 PM, Thomas E. wrote:
On Wednesday, November 29, 2023 at 7:59:19 PM UTC-5, John wrote:LMAO!!!
On 11/29/23 10:30 AM, John wrote:
On 11/29/23 9:52 AM, Thomas E. wrote:Does your card allow you to buy a Apple laptop with 12 months of zero
https://www.macrumors.com/2023/11/28/apple-goldman-sachs-partnership-ending/
"Goldman Sachs was new to consumer banking when the Apple Card >>>>>> launched, and to establish a deal with Apple, it is not collecting >>>>>> fees that many credit card issuers receive. The bank does not get a >>>>>> cut of the fee that merchants pay to Apple to accept the Apple Card,
nor is it able to collect annual fees, late fees, or foreign
transaction fees."
How was this deal going to make money for Goldman Sachs when they had >>>>>> to pay for all the back-office expenses, including customer service >>>>>> staff? Those expenses have been significant:
"Goldman Sachs and Apple have worked together on the Apple Card >>>>>> since it launched in 2019, and have also teamed up for the high-yield >>>>>> Apple Savings account and the Apple Pay Later feature. The partnership >>>>>> has not gone smoothly, with Goldman Sachs running into customer
service issues due to long wait times for disputed Apple Card >>>>>> transactions and issues with the Apple Savings account."
Goldman Sachs apparently receives only credit card and loan interest >>>>>> connected to Apple Card use. Apple benefits significantly at little >>>>>> expense.
Apple Card is a fine product. It will be better under a more
intelligent bank.
interest?
No, I'd just pay cash and be done with it. Then too, the credit card rebates I got over the last 18 months would more than pay for a 14" M3 Pro model with 12‑core CPU, 18‑core GPU, 16‑core Neural Engine model.
Or, has more than paid for all the fuel bill for both of our cars.
Really? Laughing at $2,306 in rebates, and that's just on my card? The wife has one with the same 2% cash back. Those rebates are not taxed either!
https://www.macrumors.com/2023/11/28/apple-goldman-sachs-partnership-ending/
"Goldman Sachs was new to consumer banking when the Apple Card launched, and to establish a deal with Apple, it is not collecting fees that many credit card issuers receive. The bank does not get a cut of the fee that merchants pay to Apple to accept the Apple Card, nor is it able to collect annual fees, late fees, or foreign transaction fees."
How was this deal going to make money for Goldman Sachs when they had to pay for all the back-office expenses, including customer service staff? Those expenses have been significant:
"Goldman Sachs and Apple have worked together on the Apple Card since it launched in 2019, and have also teamed up for the high-yield Apple Savings account and the Apple Pay Later feature. The partnership has not gone smoothly, with Goldman Sachs running into customer service issues due to long wait times for disputed Apple Card transactions and issues with the Apple Savings account."
Goldman Sachs apparently receives only credit card and loan interest connected to Apple Card use. Apple benefits significantly at little expense.
On Thursday, November 30, 2023 at 7:10:36 PM UTC-5, John wrote:life is nowhere near the MacBook Pro. The wife has a 256 gb iPhone 14 on an unlimited 5G plan and a 256 gb iPad on unlimited celluar service. She will not give up her Charge 5. She thinks the Apple Watch is too big for her wrist.
On 11/30/2023 6:19 AM, Thomas E. wrote:
On Wednesday, November 29, 2023 at 9:37:40 PM UTC-5, John wrote:It is a laugh because you spent a lot of money via credit card and have
On 11/29/23 6:02 PM, Thomas E. wrote:
On Wednesday, November 29, 2023 at 7:59:19 PM UTC-5, John wrote:LMAO!!!
On 11/29/23 10:30 AM, John wrote:
On 11/29/23 9:52 AM, Thomas E. wrote:Does your card allow you to buy a Apple laptop with 12 months of zero >>>>>> interest?
https://www.macrumors.com/2023/11/28/apple-goldman-sachs-partnership-ending/
"Goldman Sachs was new to consumer banking when the Apple Card >>>>>>>> launched, and to establish a deal with Apple, it is not collecting >>>>>>>> fees that many credit card issuers receive. The bank does not get a >>>>>>>> cut of the fee that merchants pay to Apple to accept the Apple Card,
nor is it able to collect annual fees, late fees, or foreign
transaction fees."
How was this deal going to make money for Goldman Sachs when they had >>>>>>>> to pay for all the back-office expenses, including customer service >>>>>>>> staff? Those expenses have been significant:
"Goldman Sachs and Apple have worked together on the Apple Card >>>>>>>> since it launched in 2019, and have also teamed up for the high-yield >>>>>>>> Apple Savings account and the Apple Pay Later feature. The partnership >>>>>>>> has not gone smoothly, with Goldman Sachs running into customer >>>>>>>> service issues due to long wait times for disputed Apple Card >>>>>>>> transactions and issues with the Apple Savings account."
Goldman Sachs apparently receives only credit card and loan interest >>>>>>>> connected to Apple Card use. Apple benefits significantly at little >>>>>>>> expense.
Apple Card is a fine product. It will be better under a more
intelligent bank.
No, I'd just pay cash and be done with it. Then too, the credit card rebates I got over the last 18 months would more than pay for a 14" M3 Pro model with 12‑core CPU, 18‑core GPU, 16‑core Neural Engine model.
Or, has more than paid for all the fuel bill for both of our cars.
Really? Laughing at $2,306 in rebates, and that's just on my card? The wife has one with the same 2% cash back. Those rebates are not taxed either!
very few superior Apple products to show for it. I spent much less and
own every Apple product except for the new Mac Pro.
LMAO: I have the 256 gb iPhone 14 Pro on an unlimited 5G plan, 256 gb iPad 9 with unlimited cellular service, and an Apple Watch also with unlimited cellular service. I also have a top-of-the-line Dell XPS that is quick and reliable, albeit battery
FYI only all the cell service and our home internet is on unlimited Verizon 5G at under $200 a month. All in, we are under $300 a month including streaming TV subscriptions. Equivalent cable TV alone in our area is over $250 a month.time. In fact, since I paid off our only debt, our mortgage, back in March 2003 I have paid about $15 in interest, and that only because I missed one card payment date. We pay cash or we don't buy it. That includes new automobiles, home remodels,
Not having an Apple credit card is absolutely no barrier to owning Apple devices. Why do you think so? Are you so short on cash that you can't buy Apple devices without a year to pay them off with 0 interest? I just charge them and pay off the card on
I repeat, LMAO.
On Thursday, November 30, 2023 at 7:10:36 PM UTC-5, John wrote:life is nowhere near the MacBook Pro. The wife has a 256 gb iPhone 14 on an unlimited 5G plan and a 256 gb iPad on unlimited celluar service. She will not give up her Charge 5. She thinks the Apple Watch is too big for her wrist.
On 11/30/2023 6:19 AM, Thomas E. wrote:
On Wednesday, November 29, 2023 at 9:37:40 PM UTC-5, John wrote:It is a laugh because you spent a lot of money via credit card and have
On 11/29/23 6:02 PM, Thomas E. wrote:
On Wednesday, November 29, 2023 at 7:59:19 PM UTC-5, John wrote:LMAO!!!
On 11/29/23 10:30 AM, John wrote:
On 11/29/23 9:52 AM, Thomas E. wrote:Does your card allow you to buy a Apple laptop with 12 months of zero >>>>>> interest?
https://www.macrumors.com/2023/11/28/apple-goldman-sachs-partnership-ending/
"Goldman Sachs was new to consumer banking when the Apple Card >>>>>>>> launched, and to establish a deal with Apple, it is not collecting >>>>>>>> fees that many credit card issuers receive. The bank does not get a >>>>>>>> cut of the fee that merchants pay to Apple to accept the Apple Card,
nor is it able to collect annual fees, late fees, or foreign
transaction fees."
How was this deal going to make money for Goldman Sachs when they had >>>>>>>> to pay for all the back-office expenses, including customer service >>>>>>>> staff? Those expenses have been significant:
"Goldman Sachs and Apple have worked together on the Apple Card >>>>>>>> since it launched in 2019, and have also teamed up for the high-yield >>>>>>>> Apple Savings account and the Apple Pay Later feature. The partnership >>>>>>>> has not gone smoothly, with Goldman Sachs running into customer >>>>>>>> service issues due to long wait times for disputed Apple Card >>>>>>>> transactions and issues with the Apple Savings account."
Goldman Sachs apparently receives only credit card and loan interest >>>>>>>> connected to Apple Card use. Apple benefits significantly at little >>>>>>>> expense.
Apple Card is a fine product. It will be better under a more
intelligent bank.
No, I'd just pay cash and be done with it. Then too, the credit card rebates I got over the last 18 months would more than pay for a 14" M3 Pro model with 12‑core CPU, 18‑core GPU, 16‑core Neural Engine model.
Or, has more than paid for all the fuel bill for both of our cars.
Really? Laughing at $2,306 in rebates, and that's just on my card? The wife has one with the same 2% cash back. Those rebates are not taxed either!
very few superior Apple products to show for it. I spent much less and
own every Apple product except for the new Mac Pro.
LMAO: I have the 256 gb iPhone 14 Pro on an unlimited 5G plan, 256 gb iPad 9 with unlimited cellular service, and an Apple Watch also with unlimited cellular service. I also have a top-of-the-line Dell XPS that is quick and reliable, albeit battery
FYI only all the cell service and our home internet is on unlimited Verizon 5G at under $200 a month. All in, we are under $300 a month including streaming TV subscriptions. Equivalent cable TV alone in our area is over $250 a month.time. In fact, since I paid off our only debt, our mortgage, back in March 2003 I have paid about $15 in interest, and that only because I missed one card payment date. We pay cash or we don't buy it. That includes new automobiles, home remodels,
Not having an Apple credit card is absolutely no barrier to owning Apple devices. Why do you think so? Are you so short on cash that you can't buy Apple devices without a year to pay them off with 0 interest? I just charge them and pay off the card on
I repeat, LMAO.
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