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Goldman Sachs CEO says the Apple Card has been “the most successful credit card launch in history”

CNBC

Apple’s credit card attracted the attention of many during its launch due to several factors. The first one was the simple fact that it is a credit card from a technology company like Apple, but also because of its good conditions, its integration with iOS or the fact that it is made of titanium. Factors that seem to have made it the most successful credit card at its launch , according to Goldman Sachs.

Goldman Sachs CEO says the Apple Card has been “the most successful credit card launch in history”
Goldman Sachs CEO says the Apple Card has been “the most successful credit card launch in history”

As CNBC has learned, Goldman Sachs CEO Solomon Sachs has indicated that the Apple Card has had “the most successful credit card launch in history. In a speech to investors the CEO gave more details about the credit card.

The key to all this is the availability of the Apple Card. The launch has been successful, but of course, only in the United States. Outside the American country the credit card has not reached consumers and there are no clear plans for it to arrive soon. Apple needs to reach agreements with banks in each country or region in order to launch the credit card in collaboration with one, as has happened in the United States with Goldman Sachs.

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For the time being, the Apple credit card remains a service exclusively for customers in the United States . We will see if in the next few years it manages to leave the country and reach Europe or other areas of the world. If Apple Pay’s expansion was slow, Apple Card’s seems to be even slower.

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