Michael Short/Getty Images Apple and Goldman Sachs are launching a new credit card, which eliminates fees and aims to minimize customer interest payments. Fees and interest are traditionally the largest revenue streams for credit cards. They amounted to $178 billion in the US in 2018, according to industry estimates. So how will the Apple Card […]
Apple and Goldman Sachs are rolling out a credit card with no fees that aims to minimize interest payments. Here’s how it could make money.
Michael Short/Getty Images Apple and Goldman Sachs are launching a new credit card, which eliminates all fees and aims to minimize customer interest payments. Fees and interest are traditionally the largest revenue streams for credit cards. They amounted to $178 billion in the US in 2018, according to industry estimates. So how will the Apple […]