But now sources say to the log that Goldman Sachs wants to exit both partnerships and allow American Express to replace them. According to the log, a deal with American Express is not ‘imminent or certain’. It wouldn’t happen any time soon either, as Apple would have to agree to the new partnership. Apple is reportedly aware of these discussions, but has not immediately responded The edgerequest for comment.
The shift to American Express may affect where Apple cardholders can use their cards. While Apple Cards are currently issued by Mastercard, which is accepted at most retailers in the US, American Express has a slightly less reach, although this seems to have improved in recent years.