Apple pulls plug on Goldman credit-card partnership

Re:Apple pulls plug on Goldman credit-card partnership by victorbjorklund on Wednesday November 29, 2023 @02:40AM (#38456638)

One thing that never made sense to me is that im sure 99% of all the rich people who have amex also got at least another card. If you dont take amex wont those people just use another card.

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Re:Apple pulls plug on Goldman credit-card partnership by lolbase on Wednesday November 29, 2023 @04:42AM (#38457414)

Two things:

1) the backup is likely a high end rewards / corporate card whose fees are as high or higher than Amex for most categories of spend; and

2) it’s kind of weak for the last interaction with a business be them saying they won’t take your preferred form of payment because they imagine it boosts their margin by .3%.

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Re:Apple pulls plug on Goldman credit-card partnership by prmoustache on Wednesday November 29, 2023 @05:03AM (#38457549)

Yeah I have never met someone using an amex card that didn't have a backup visa or mastercard.

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Re:Apple pulls plug on Goldman credit-card partnership by massysett on Wednesday November 29, 2023 @07:12AM (#38458446)

Sure, they’ll do that once. It might annoy them so they don’t come back. This might bother some business owners and not others.

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