General Motors Co. on Monday launched a digital-friendly credit card with Goldman Sachs Group Inc.’s consumer banking platform Marcus, the Detroit Free Press reported. What Happened The move is a significant step for the legacy automaker as it migrates to a digital offering after first introducing a branded credit card three decades ago. For Goldman Sachs, this is the second such initiative through Marcus after it partnered with Apple Inc. in 2019 to launch the Apple Card. Applications for new cards are being accepted online; those who qualify would receive a virtual card on the Marcus mobile app. The legacy automaker is also ending its credit card partnership with Capital One Financial Corp. next month though the card will continue to remain part of the MasterCard lineup, the Detroit Free Press noted. The card comes with no annual fee and offers a free introductory rate for the first nine months, …
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