Why Chase Taking Over Apple Card Matters
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Most people saw the Apple Card news and thought, “Okay, different bank,
who cares?” But if you’re an investor, especially in real estate,
this is actually a meaningful shift.Apple just announced that the Apple Card will move from Goldman
Sachs to JPMorgan Chase. And while this sounds like backend plumbing, it has real implications
for underwriting, credit behavior, rewards, and how this card fits into an investor’s
financial stack.Let’s break down why this matters, what could change, and how real estate
investors should actually be using the Apple Card — and just as importantly, how they should
not.First, why this move matters.Goldman Sachs was never a consumer bank at heart.
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