Chase is becoming the issuer of the , taking over from Goldman Sachs, but cardholders shouldn’t see any changes immediately.
For one thing, there has been talk about this move for about a year and a half. For another, though it was announced last week, Apple and Chase say the transaction may not be complete for .
[Read: ]
Apple said this: “Apple Card users can continue to use their card as they normally do during the transition. Additional information will be shared as the transition date approaches.”
The Apple Card offers 3% cash back on Apple purchases and Apple Pay purchases at select merchants, 2% cash back in general when you use Apple Pay with your Apple Card, and 1% on all other eligible purchases.
More from U.S. News
originally appeared on