Apple card issuing bank Goldman Sachs has now released a statement, in a tweet, in denial of these allegations. Recently, David Heinemeier Hansson brought the attention to a potential issue with Apple Card applications, where his wife received a much lower credit limit than his own. Same story was shared by Steve Wozniak also. The ‘algorithm’ was claimed by Hannson to be sexist and also discriminatory.
Goldman Sachs says in its statement, that Apple Card credit decisions are made on an individual basis and the credit line is individual to each applicant.
They also say that each application is being evaluated independently and the factors like personal credit scores, the income level, and the debt levels are used to make a decision. The statement reads Based on these factors, it is possible for the two family members, to receive different credit decisions. They said that they have not and will not make decisions based on factors like gender, in all cases.
The New York State Department of Financial Services had also posted on Medium that New York law prohibits the discrimination of any kind and it is conducting an investigation, by inviting anyone who feels that they have been mistreated to email them.
Up till now Apple itself has not yet gave any response to the situation. The “Apple Card” is advertised as “created by Apple, not a bank” so it would only look fair for them to take the direct responsibility of the situation with a formal statement. They may also do so later in week but they did not give comment over the weekend period.
An Apple Card is unique to each person and the joint accounts and family shared cards are not supported. The company also announced that it is looking to add ability to add an authorized users to a single Apple Card in the future.