Apple and Chase have announced that Chase will become the new issuer of Apple Card, with the transition expected to take place in approximately 24 months. The agreement is projected to move over $20 billion in card balances to the Chase platform. Apple Card users can continue to use their cards as usual throughout the transition, and Mastercard will remain the payment network. Additional details will be provided to users as the transition date approaches.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. JPMorgan Chase & Co. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260107128108) on January 07, 2026, and is solely responsible for the information contained therein.