Closing Your Apple Card: The Basic Process

To close your Apple Card, you contact Goldman Sachs (the bank that issues it) through the Wallet app on your iPhone, not Apple directly. Open Wallet, tap the Apple Card, select the menu icon (three dots), scroll down, and tap "Close Card." You will be asked to confirm, and the card closes immediately. Any remaining balance stays on the account and continues to accrue interest at your current rate until you pay it off.

The card itself stops working for new purchases right away. Existing recurring charges tied to the card will fail at the next billing cycle unless you update them with a different payment method beforehand. Pending transactions may still post for a day or two after closure.

Key Takeaways

  • Close your Apple Card through the Wallet app by tapping the card, selecting the menu, and choosing "Close Card"—the process takes seconds and closes immediately.
  • A remaining balance does not disappear when you close the card; you must continue paying it down at the same interest rate until it reaches zero.
  • Update any recurring charges (subscriptions, auto-pay bills) to a different payment method before closing, because they will fail on the next billing date.
  • Goldman Sachs will mail you a final statement within 30 days; keep it for your records and to verify all charges have posted.

What Happens to Your Balance After Closing

Closing the card does not erase what you owe. If your statement balance is $2,400, that $2,400 remains your responsibility. You can still make payments through the Wallet app or by logging into your Goldman Sachs account online, even after the card is closed. Interest continues to accrue on any unpaid balance at your current APR (Annual Percentage Rate) until you pay it in full.

If you had a promotional 0% APR offer, closing the card does not end the promotion early—you keep the terms you were offered. However, if you close the card while still in a promotional period and then later reopen an Apple Card account, you will not automatically get the same offer again.

Updating Recurring Charges Before You Close

Any subscription or automatic payment linked to your Apple Card will fail when the card closes. This includes streaming services, insurance premiums, utility bills, or any merchant set to charge your card monthly or weekly. The merchant will not know the card is closed; the charge will simply decline, and you may face a late fee or service interruption.

Before closing, log into each service you pay with the Apple Card and update the payment method. Most services let you do this in account settings or billing preferences. If you are unsure which charges are tied to the card, check your recent statements in the Wallet app or your Goldman Sachs online account. Look for recurring charges and update each one individually.

How Long the Closure Takes and What You Receive

The card closes instantly when you confirm in the Wallet app. However, Goldman Sachs takes up to 30 days to mail you a final statement showing all charges that posted after your closure date. This statement is important—it confirms your final balance and documents any transactions that cleared after you closed the account.

Keep the final statement for at least one year. If a charge appears that you did not authorize, you will need it as proof of the closure date and the transactions that followed. You can also view your full transaction history in the Wallet app or by logging into your Goldman Sachs account online at any time.

Paying Off Your Balance After Closure

You can pay your remaining balance through three methods: the Wallet app (tap the card and select "Pay Balance"), the Goldman Sachs website, or by phone at the number on your final statement. Payments made through the Wallet app or website typically post within one business day. Phone payments may take slightly longer depending on the method you choose.

If you set up automatic payments before closing, those continue as scheduled. If you did not, you will need to make manual payments until the balance reaches zero. Once your balance is paid in full, your account is closed and settled. You will not receive any further statements unless you carry a balance again (which you cannot, since the card is closed).

Reopening an Apple Card Later

If you close your Apple Card and later want to open one again, you can reapply through the Wallet app. However, Goldman Sachs treats a reapplication as a new account, not a reinstatement. You will go through the full approval process again, and your credit will be pulled again. Your previous account history remains on your credit report and with Goldman Sachs' records, but you start fresh with a new card number and account.

Closing and reopening does not reset any promotional offers you previously received. If you had a cash back bonus or 0% APR offer on your first card, you will not automatically receive the same offer on a new application. Check the current offers available in the Wallet app before reapplying.

Frequently Asked Questions

Will closing my Apple Card hurt my credit score?

Closing any credit card can lower your score temporarily because it reduces your total available credit and may increase your credit utilization ratio on other cards. The impact is usually small and fades within a few months. Your payment history with the Apple Card remains on your credit report for seven years, so the account closure itself does not erase your record with the card.

Can I close my Apple Card if I still owe money on it?

Yes. You can close the card even with an outstanding balance. The balance does not disappear—you must continue paying it. Closing the card simply stops you from making new charges; it does not forgive what you already owe.

What if I have pending transactions when I close the card?

Pending transactions may still post for one to two days after you close the card. These charges will appear on your final statement and you will owe them. Once all pending transactions have cleared, no new charges can post to the account.

Do I need to contact Apple to close my Apple Card?

No. Apple does not handle closures. You close the card entirely through Goldman Sachs via the Wallet app. If you have questions about your account after closing, contact Goldman Sachs directly using the phone number on your statement or through their website.

Can I close my Apple Card through the Goldman Sachs website instead of the Wallet app?

No. The Wallet app is the only way to close an Apple Card. Goldman Sachs does not offer a closure option on their website for Apple Card holders. You must use your iPhone and the Wallet app to initiate the closure.