Apple Card's Big Change: Chase Takes Over

Chase is stepping in to manage the Apple Card, with the switch happening in about two years. Users won't see many changes right away. They'll still get up to 3% cash back on purchases, use easy spending tools, and share accounts with family. Mastercard will keep handling the payments, so users can still use their cards worldwide. Apple and Chase are excited about this team-up. They both want to help people manage money better. Apple thinks Chase's ideas will make the card even better. Chase is happy to work with Apple, a company known for great design and customer service.Apple Card has been around since 2019. It's popular because it's simple to use and focuses on keeping user data safe. There are no fees, and users can track their spending easily. They can also get cash back on purchases and use it right away with Apple Pay. Family sharing is another cool feature. Users can share their card with others in their Apple Family Sharing group. They can also pay for new Apple products over time without interest. Plus, users can open a savings account and have their cash back deposited there automatically. During the switch to Chase, users can keep using their cards as usual. More details will come closer to the transition date. For now, they can check out the FAQs on Apple's website to learn more.