The WSJ is reporting that Goldman Sachs is in talks with jetBlue to take over the cobranded credit card portfolio that is currently managed by Barclays. Barclays currently has three years remaining on that deal and are eager to extend. Goldman Sachs has reportedly also approached other airlines, but most have five or more years to run on their existing deals.
This wouldn’t be the first card partnership Goldman Sachs has taken from Barclays, after they secured the Apple card and went after the GM card as well.
