Apple Debuts Titanium Credit Card With Goldman, Mastercard

Apple Debuts Titanium Credit Card With Goldman, Mastercard
Apple CEO Tim Cook introduces Apple Card during a launch event at Apple headquarters on March 25, 2019, in Cupertino, California. Photo by NOAH BERGER/AFP/Getty Images
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Apple Inc. and Goldman Sachs Group Inc. are joining forces in the consumer credit business, launching the Apple Card for iPhones.

The card is tied to Apple Pay, a service that lets people load banking information and pay in store or use it for purchases online. It works globally where Apple Pay is accepted, lets users track spending in the Wallet app, and focuses on transaction privacy. The card also includes a cash back rewards program, including 2 percent cash back on all Apple Pay purchases made with the card and 3 percent on purchases made at the Apple Store or with services like the App Store.