April 29 (Reuters) - Goldman Sachs ( GS ) is in talks to

transfer its General Motors ( GM ) credit-card program to

Barclays ( JJCTF ), the Wall Street Journal reported on Monday,

citing people familiar with the matter.

Barclays ( JJCTF ) is the leading candidate to take over issuance of

the credit cards, which have about $2 billion of outstanding

balances, the report said, adding that U.S. Bancorp and Bread

Financial ( BFH ) were among other suitors considered, but fell

away.

A deal could be could struck by this summer, the report

said.

Goldman, GM, and Barclays ( JJCTF ) did not immediately respond to

Reuters' requests for comment.

Goldman Sachs ( GS ) had planned to scrap its co-branded credit

cards with GM last November.

The credit-card program, issued by Mastercard through

Goldman Sachs ( GS ), was launched in 2022 to let customers earn more

points to put toward buying or leasing Buicks, Cadillacs and

other GM cars.

(Reporting by Angela Christy in Bengaluru; Editing by Varun H

K)