The card would carry the Apple Pay brand and could launch early next year.
Apple and Goldman’s partnership will also extend to other services like store loans for buying iPhones.
The deal would replace the existing rewards-card deal between Apple and Barclays (NYSE:BCS), which offers interest-free financing on Apple devices and rewards points towards gift cards.
Apple shares are up 1.1% to $189.38.
Goldman Sachs shares are up 0.7% to $243.39.
Now read: Apple: The Problem With These Buybacks »
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