GS Bank refers to Goldman Sachs Bank USA, the financial institution that partners with Apple to issue the Apple Card, a credit card deeply integrated into the Apple ecosystem, known for its "no fees" policy and Daily Cash rewards. While GS Bank primarily backs the Apple Card, they also have a presence in consumer lending, but the main association for consumers with "GS Bank" is the Apple Card.
To create Apple Card, we needed an issuing bank and a global payment network. Apple Card is the first consumer credit card Goldman Sachs has issued, and they were open to doing things in a new way. And the strength of the Mastercard network means Apple Card is accepted all over the world.
Goldman Sachs Announces Agreement to Transition Apple Card Program to Chase. NEW YORK, January 7, 2026 – The Goldman Sachs Group, Inc. (NYSE: GS) today announced that the firm has entered into an agreement to transition the Apple Card program and associated accounts to Chase.
If you have an Apple Card account, this information is reported by Goldman Sachs Bank to each of the three major credit bureaus — Equifax, Experian, and TransUnion — on at least a monthly basis. Your Apple Card will appear as a separate trade line on your credit report labeled APPLE CARD - GS BANK USA or GS BANK USA.
AppleCard GSBank refers to the Apple Card credit card that is issued and serviced in partnership with Goldman Sachs Bank USA (GSBank). The descriptor “APPLECARD GSBANK” is used when processing payments to or transactions with the Apple Card. Learn more at apple.com/apple-card.
Goldman Sachs. The Goldman Sachs Group, Inc. (/sæks/ SAKS) is an American multinational investment bank and financial services company. Founded in 1869, Goldman Sachs is headquartered in Lower Manhattan in New York City, with regional headquarters in many international financial centers.
Apple Card is a credit card created by Apple Inc. and issued by Goldman Sachs, designed primarily to be used with Apple Pay on an Apple device such as an iPhone, iPad, Apple Watch, or Mac. Apple Card is available only in the United States, with 12 million cardholders as of early 2024.
Transaction Banking services are offered by Goldman Sachs Bank USA ("GS Bank") and its affiliates. GS Bank is a New York State chartered bank, a member of the Federal Reserve System and a Member FDIC.
Before you head to a bank or credit union, learn the basics about the products and services they offer.
Founded in 1869, Goldman Sachs provides a range of financial and investment banking services. Goldman Sachs Bank USA, a unit of Goldman Sachs, has partnered with Apple to issue the Apple Card, the first consumer credit card from Goldman Sachs.
The American Express Centurion Card, colloquially known as the Black Card, is an exclusive invitation-only charge card issued by American Express. It is reserved for the company's wealthiest clients who meet certain net worth, credit quality, and spending requirements on its gateway card, the Platinum Card.
Goldman Sachs Bank USA (GS Bank USA), together with its consolidated subsidiaries (collectively, the Bank), is a New York State-chartered bank and a member of the Federal Reserve System.
The Sam's Club Mastercard is issued by Synchrony Bank pursuant to a license by Mastercard International Incorporated.
JPMorgan Chase finalized a deal to take over Apple's credit-card program, including approximately $20 billion in balances, from Goldman Sachs. The agreement followed months of stalled negotiations, with JPMorgan securing a discount on balances and additional protection against potential loan deterioration.
There is no credit card that will approve you no matter what, as all credit cards have at least some basic approval requirements. Credit cards with no credit check, such as the opensky® Secured Visa® Credit Card, offer nearly guaranteed approval, though, giving even people with bad credit high approval odds.
The 15/3 credit card payment method is a strategy to improve your credit score by making two payments monthly: one around 15 days before the statement closing date and another about 3 days before the due date, aiming to lower your reported balance and credit utilization ratio before the issuer reports to bureaus. While paying down balances helps, experts note there's nothing magical about the 15 and 3-day marks, suggesting focusing on your statement's credit reporting date for better results.
The Goldman Sachs Group, Inc.
Overall institution rating
Rates are competitive and there are no monthly fees, plus savings accounts have same-day online transfers of relatively high amounts. But the bank doesn't offer checking accounts and lacks other features that most other online banks have, such as mobile check deposit and a free ATM network.