Goldman Sachs might dump the Apple Card on the lap of American Express
Apple Card holders can have their Daily Cash balance swept into the Apple Card savings account daily
![iPhone users can apply for the Apple Card directly from the Wallet app - Goldman Sachs might dump the Apple Card on the lap of American Express](https://m-cdn.phonearena.com/images/articles/403777-image/applecardwallet.jpg)
iPhone users can apply for the Apple Card directly from the Wallet app
Goldman Sachs could turn over the Apple Card portfolio over to American Express
The Journal says that Goldman is looking to reduce its exposure to the consumer side of the banking business and besides its credit card partnership with Apple, it has one with General Motors that it would love to also lay off to Amex. Any deal involving the Apple Card would have to be approved by Apple and there is no definitive deal with Amex that is imminent according to people in the know.
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