Apple Card continues to be a consumer hit despite Goldman Sachs turmoil

Despite ongoing turmoil between Apple and Goldman Sachs, the Apple Card continues to be a success amongst shoppers. A brand new research from J.D. Power at this time topped the Apple Card the “Best Co-Branded Credit Card for Customer Satisfaction with No Annual Fee.”

Meanwhile, Apple Pay and Apple Wallet VP Jennifer Bailey as soon as once more touted Apple’s relationship with Goldman Sachs despite experiences to the opposite.

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J.D. Power introduced the outcomes of its new research in a press launch on Thursday:

Apple Card (Goldman Sachs) ranks highest in buyer satisfaction amongst co-brand bank cards with no annual price, with a rating of 655. This is the third consecutive 12 months by which Apple Card and issuer Goldman Sachs have collectively gained a phase award.

In Apple’s press launch on the information, Jennifer Baily mentioned:

Since the beginning, we’ve been dedicated to delivering instruments and providers that assist customers stay more healthy monetary lives, and it’s been rewarding to see prospects utilizing and discovering worth in the advantages of Apple Card. We are honored that Apple Card has been acknowledged as a chief in buyer satisfaction.

In partnership with Goldman Sachs, we’re repeatedly working to increase the worth customers obtain from Apple Card, most just lately with the launch of Savings, and we glance ahead to persevering with to develop instruments and providers that put our customers and their monetary well being first.

Liz Martin, Goldman Sachs’s head of enterprise partnerships, additionally touted the connection with Apple:

With Apple Card, now we have had a shared give attention to delivering a nice expertise and offering worth to our prospects because the starting. As now we have introduced new choices and advantages to prospects, we’re honored to as soon as once more be acknowledged by them and J.D. Power.

The backdrop to this information is that there have been experiences Goldman Sachs is trying to exit its partnership with Apple because it continues to lose cash on the deal. Most just lately, it was reported that Goldman Sachs has been in talks with American Express about transferring its Apple deal. Apple, nonetheless, would have the ultimate say over any such settlement, and it’s unclear whether or not it could give a transfer like that the inexperienced mild.

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