Big changes are coming for the Apple Credit Card, Savings Account

Apple is moving its credit card and its linked high‑yield Savings account from Goldman Sachs to JPMorgan Chase over roughly the next two years, but day‑to‑day features will stay the same for now.​

What’s officially changing

• JPMorgan Chase will become the new issuer of Apple Card, taking over about 24 months after the announcement in early January 2026.​

• Mastercard will remain the payment network, so acceptance, basic protections, and how/where the physical and virtual cards work are unchanged.​

• Apple says users will continue to get up to 3% Daily Cash, no fees, and access to a high‑yield Savings account during the transition.​

Apple Card Savings account

• The current Apple Card Savings account (opened via Wallet on iPhone and backed by Goldman Sachs) will keep operating while Goldman still runs the program.​

• JPMorgan plans to introduce a new Apple‑branded savings program; existing Goldman Sachs Apple Savings customers should be able to choose whether to stay with Goldman or move to the new JPMorgan option, though details are not fully public yet.​

Timeline and what cardholders see

• The transfer of the Apple Card portfolio (about 20 billion dollars in balances) is expected to complete in roughly 24 months, so current customers should not see abrupt changes.​

• Apple states that managing balances, accessing Savings, and applying for new Apple Cards will work as usual for now; any changes to card numbers, terms, or Savings handling will be communicated closer to the actual handoff.​

Possible future impacts (not yet confirmed)

• Reporting suggests JPMorgan could apply stricter underwriting (for example, similar to its usual rules around how many cards you can open), which might make approvals harder for some new applicants compared with Goldman’s approach.​

• Analysts also expect Chase to roll out its own version of the Apple‑linked savings product, which could change APYs, terms, or promos over time, but Apple has not announced specific new rates or fee changes yet.​

If you tell which you use today (Apple Card only vs. Apple Card + Savings), a more tailored “what this means for you” checklist can be outlined.