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Chase to become new issuer of Apple Card

jpmorganchase.com

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Re: Chase to become new issuer of Apple Card

#2
Wonder what Apple caved on. They famously only found goldman to work with them originally because they had significant demands that bucked the industry, including setting everyone's statement dates to the exact same so that customer support collapses the same day every year.

Re: Chase to become new issuer of Apple Card

#4
post #2

Wonder what Apple caved on. They famously only found goldman to work with them originally because they had significant demands that bucked the industry, including setting everyone's statement dates to the exact same so that customer support collapses the same day every year.

Searching online, another difference is no late fees for missed payments, only interest, while Chase's late fee is $40. Will that change?

Re: Chase to become new issuer of Apple Card

#5
post #2

Wonder what Apple caved on. They famously only found goldman to work with them originally because they had significant demands that bucked the industry, including setting everyone's statement dates to the exact same so that customer support collapses the same day every year.

Does it have to be Apple that caved?

Re: Chase to become new issuer of Apple Card

#6
post #2

Wonder what Apple caved on. They famously only found goldman to work with them originally because they had significant demands that bucked the industry, including setting everyone's statement dates to the exact same so that customer support collapses the same day every year.

Does it have to be Apple that caved?

Banks were not queuing up to do it the first time and it didn't work out well for the bank that did (Goldman). Who else is compromising

Re: Chase to become new issuer of Apple Card

#7
post #2

Wonder what Apple caved on. They famously only found goldman to work with them originally because they had significant demands that bucked the industry, including setting everyone's statement dates to the exact same so that customer support collapses the same day every year.

Settling on the same day is quite a choice. PDF creation cluster scaling alone must have been something else, let alone the obvious problems they had knocking over CS and getting fined by the CFPB.

Re: Chase to become new issuer of Apple Card

#8
post #2

Wonder what Apple caved on. They famously only found goldman to work with them originally because they had significant demands that bucked the industry, including setting everyone's statement dates to the exact same so that customer support collapses the same day every year.

They also kept transaction data more private than other cards. Hopefully they’ve kept that

Re: Chase to become new issuer of Apple Card

#9
post #2

Wonder what Apple caved on. They famously only found goldman to work with them originally because they had significant demands that bucked the industry, including setting everyone's statement dates to the exact same so that customer support collapses the same day every year.

Does it have to be Apple that caved?

Absolutely. I'd imagine not being able to use the card at Costco alone would be enough to have them entertaining surprising concessions. It was the first thing I thought of, with Chase CC's being Visa instead of Mastercard.
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