Listen: Apple-Goldman Sachs credit card to launch this spring
"Made that apple is going to offer very generous rewards. Four people who get the apple credit card net apple had to find somebody who is not a meaningful player in credit cards. And so they're doing it with Goldman Sachs probably through their Marcus, which is. And online Bank. But the idea of consumer products companies offering not just co branded credit cards with one of the giants. But offering one that's really about them controlling it and being able to give you rewards tailored. So you become a more loyal customer of them is almost certainly going to be a standard thing with big consumer products companies now, we'll have to wait and see just as when somebody calls me and asked me if they should have from one of the three full fare airlines American United delta, if they should have one of their frequent flyer credit card tie ins, I go through a protocol of who they make sense for and who they don't the same thing will happen when apple launches its consumer. Credit card as to whether or not it will. In fact, be useful and valuable to you. I am somebody who doesn't use apple products. I am so ecstatic. That apple is doing this. Because I want more competition in the credit card market place, and the more we can get players in this space, offering a variety of options and alternatives potentially lower interest rates like credit unions, do or better rewards, which is what fidelity does with their credit card program. I like having alternative or nontraditional players come in and shake things up. So apple don't bureaucratic bureaucratized this out of being great bring it to the market great and offer apple folks, a really really phenomenal outstanding credit"