Looks like Apple's commission is ~15-25 BPS for participating banks The biggest “surprise” over last 2 months is that Apple has squeezed 15-25bps from the 5

Looks like Apple's commission is ~15-25 BPS for participating banks The biggest “surprise” over last 2 months is that Apple has squeezed 15-25bps from the 5-6 participating banks at launch (C, BAC, COF, JPM, Amex and perhaps WFC). http://blog.starpointllp.com/blog/?p=3855 http://blog.starpointllp.com/blog/?p=3855