Apple and Goldman Sachs Let Apple Card Holders Defer April Payments
Apple and Goldman Sachs are allowing Apple Card users to defer their April payments without incurring interest, extending a similar program that was introduced in March, reports Bloomberg.
Apple Card users can opt in to the deferred payment program by messaging an Apple Card support representative through the Wallet app on an iPhone or iPad. Apple is informing Apple Card owners about the option through email.
We understand that the Covid-19 situation poses unique challenges for everyone and some customers may have difficulty making their monthly payments. Apple Card is committed to helping you lead a healthier financial life.
If you previously enrolled in the Customer Assistance Program in March, you will need to enroll again.
Apple Card balances will eventually need to be paid, but the deferred payments sans interest will provide some breathing room for people who have seen their incomes drop.
Update: Apple has shared a new support document with further details about its COVID-19 Customer Assistance Program for Apple Card.
Popular Stories
The interest rate on Apple Card's savings account was today lowered from 3.65% to 3.50%.
Push notifications regarding the cut were sent to Apple Card users on Thursday. Savings account interest rates often fluctuate with changes made by the Federal Reserve, and when rates are lowered, banks cut their annual percentage yield (APY). That said, today's cut doesn't appear tied to a...
Apple recently announced that Tim Cook will be stepping down as CEO later this year, after 15 years of leading the company.
Effective September 1, Apple's hardware engineering chief John Ternus will become the company's next CEO, while Cook will become executive chairman of Apple's board of directors. In his new role, Apple said Cook will assist with "certain aspects" of the company,...
While the iPhone 18 Pro and iPhone 18 Pro Max are not launching until September, there are already plenty of rumors about the devices.
It was initially reported that the iPhone 18 Pro models would have fully under-screen Face ID, with only a front camera visible in the top-left corner of the screen. However, the latest rumors indicate that only one Face ID component will be moved under the...
