In a post on the Apple Newsroom website last week, Apple announced that Chase has been selected as the new issuer of Apple Card, which is currently issued through a partnership with Goldman Sachs.

Today, Apple and Chase announced that Chase will become the new issuer of Apple Card, with an expected transition in approximately 24 months.

Apple Card users can continue to enjoy the award-winning experience of Apple Card, which includes up to 3 percent unlimited Daily Cash back on every purchase, easy-to-navigate spending tools, Apple Card Family,1 access to a high-yield Savings account,2 and more. Mastercard will remain the payment network for Apple Card, and Apple Card users can continue to access Mastercard’s global acceptance and benefits.

This change doesn’t come as a surprise, as it has been reported for a while now that Goldman Sachs has been looking to divest itself from the Apple Card and possibly the consumer credit card industry as a whole. However, at the time of these reports, it wasn’t certain who would take over as the issuer for the Apple Card.

For those customers who currently have an Apple Card, Apple said that they can continue to it as they normally would, with more information about the transition being available on an FAQ page on the Apple Card website.

During this transition, Apple Card users can continue to use their card as they normally do. More information, including FAQs, is available at learn.applecard.apple/transition. Additional details will be shared with users as the transition date approaches.

It will be intersting to see what, if any, changes the transition from Goldman Sachs to Chase will bring to the Apple Card, especially given that Chase is in the consumer-facing finance business, with the bank already offering several credit cards of their own.