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US Fines Apple And Goldman Sachs Over Apple Card

Apple Goldman Sachs Apple Card United States CFPB Rohit Chopra The United States

A US consumer protection bureau says Apple Card users who thought they were automatically enrolled for interest-free payments when buying Apple gadgets found themselves paying for the debt (Credit: AFP)

The United States fined Apple and Goldman Sachs a total of $89 million on Wednesday, accusing them of deceiving users of the iPhone maker's credit card.

Customer service breakdowns and misrepresentations affected hundreds of thousands of users of Apple Card launched in a collaboration with the US banking titan in 2019, the Consumer Financial Protection Bureau (CFPB) said.

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