Apple Planning Apple Card Financing Options for Devices Other than iPhone

Apple may be planning to introduce interest-free Apple Card payment plans for devices other than the iPhone, Apple CEO Tim Cook said during today's earnings call covering the second fiscal quarter of 2020.

apple card titanium and app
In the Q&A portion of the call, Cook was asked about the potential for deferred payments or product bundles with the ‌Apple Card‌, and he had this to say:

As you know, we launched the payment plan earlier on Apple Card for iPhone. We're working on that for other products and you'll see something on that shortly.

Apple in December introduced a 24-month interest-free ‌iPhone‌ installment plan for ‌Apple Card‌ owners. The plan lets ‌Apple Card‌ users purchase a new ‌iPhone‌ with the ‌Apple Card‌ and pay for it over a 24-month period with zero interest, while also getting 3 percent Daily Cash back for the purchase.

Monthly ‌iPhone‌ payments are bundled into ‌Apple Card‌'s Monthly Installments, with each month's installment included in the minimum payment amount. Installments are not subject to interest unless there's an outstanding balance beyond the 24-month payment grace period.

Though Cook did not divulge much information, Apple could introduce similar payment plan options for other products such as iPads and Macs, which are particularly popular right now as people work and learn from their homes.

During the pandemic, Apple has also introduced an ‌Apple Card‌ Assistance Program that allows ‌Apple Card‌ holders to skip their March and April payments without incurring interest charges for that billing cycle.

Popular Stories

iPhone 17 Pro Blue Feature Tighter Crop

iPhone 17 Pro Launching in Three Months With These 12 New Features

Saturday June 14, 2025 5:45 pm PDT by
The iPhone 17 Pro and iPhone 17 Pro Max are three months away, and there are plenty of rumors about the devices. Below, we recap key changes rumored for the iPhone 17 Pro models as of June 2025:Aluminum frame: iPhone 17 Pro models are rumored to have an aluminum frame, whereas the iPhone 15 Pro and iPhone 16 Pro models have a titanium frame, and the iPhone X through iPhone 14 Pro have a...
iPadOS 26 App Windowing

Apple Explains Why iPads Don't Just Run macOS

Friday June 13, 2025 7:46 am PDT by
iPadOS 26 allows iPads to function much more like Macs, with a new app windowing system, a swipe-down menu bar at the top of the screen, and more. However, Apple has stopped short of allowing iPads to run macOS, and it has now explained why. In an interview this week with Swiss tech journalist Rafael Zeier, Apple's software engineering chief Craig Federighi said that iPadOS 26's new Mac-like ...
iphone 16 pro models 1

17 Reasons to Wait for the iPhone 17

Thursday June 12, 2025 8:58 am PDT by
Apple's iPhone development roadmap runs several years into the future and the company is continually working with suppliers on several successive iPhone models simultaneously, which is why we often get rumored features months ahead of launch. The iPhone 17 series is no different, and we already have a good idea of what to expect from Apple's 2025 smartphone lineup. If you skipped the iPhone...
Logitech Logo Feature

Logitech Announces Two New Accessories for WWDC

Friday June 13, 2025 7:22 am PDT by
Alongside WWDC this week, Logitech announced notable new accessories for the iPad and Apple Vision Pro. The Logitech Muse is a spatially-tracked stylus developed for use with the Apple Vision Pro. Introduced during the WWDC 2025 keynote address, Muse is intended to support the next generation of spatial computing workflows enabled by visionOS 26. The device incorporates six degrees of...
iOS 26 Screens

Here Are All the iOS 26 Features That Require iPhone 15 Pro or Newer

Thursday June 12, 2025 4:53 am PDT by
With iOS 26, Apple has introduced some major changes to the iPhone experience, headlined by the new Liquid Glass redesign that's available across all compatible devices. However, several of the update's features are exclusive to iPhone 15 Pro and iPhone 16 models, since they rely on Apple Intelligence. The following features are powered by on-device large language models and machine...
CarPlay Liquid Glass Dark

Apple to Let iPhone Users Watch Videos on CarPlay Screen While Parked

Thursday June 12, 2025 6:16 am PDT by
Apple this week announced that iPhone users will soon be able to watch videos right on the CarPlay screen in supported vehicles. iPhone users will be able to wirelessly stream videos to the CarPlay screen using AirPlay, according to Apple. For safety reasons, video playback will only be available when the vehicle is parked, to prevent distracted driving. The connected iPhone will be able to...
iOS 26 on Three iPhones

Hate iOS 26's Liquid Glass Design? Here's How to Tone It Down

Wednesday June 11, 2025 4:22 pm PDT by
iOS 26 features a whole new design material that Apple calls Liquid Glass, with a focus on transparency that lets the content on your display shine through the controls. If you're not a fan of the look, or are having trouble with readability, there is a step that you can take to make things more opaque without entirely losing out on the new look. Apple has multiple Accessibility options that ...
Mac Studio Feature

Apple Begins Selling Refurbished Mac Studio With M4 Max and M3 Ultra Chips at a Discount

Thursday June 12, 2025 10:14 am PDT by
Apple today added Mac Studio models with M4 Max and M3 Ultra chips to its online certified refurbished store in the United States, Canada, Japan, Singapore, and many European countries, for the first time since they were released in March. As usual for refurbished Macs, prices are discounted by approximately 15% compared to the equivalent new models on Apple's online store. Note that Apple's ...
iOS 26 Feature

Apple Seeds Revised iOS 26 Developer Beta to Fix Battery Issue

Friday June 13, 2025 10:15 am PDT by
Apple today provided developers with a revised version of the first iOS 26 beta for testing purposes. The update is only available for the iPhone 15 and iPhone 16 models, so if you're running iOS 26 on an iPhone 14 or earlier, you won't see the revised beta. Registered developers can download the new beta software through the Settings app on each device. The revised beta addresses an...

Top Rated Comments

UltimateSyn Avatar
67 months ago
Great idea! Here come the holier-than-thou anti-credit posters.
Score: 19 Votes (Like | Disagree)
AppleTO Avatar
67 months ago
Sounds good. How about bringing it to other countries as well?
Score: 15 Votes (Like | Disagree)
moabal Avatar
67 months ago
Yes!! This is fantastic. I know some people are against credit. However, if you are responsible this makes complete sense. Seems like a natural extension to what Apple is already doing for iPhones.

Question, I know that the installment payments are added to the minimum payment. Is it possible to pay that installment payment with the full monthly statement balance at the same time? Not sure if anyone has experience with this.
Score: 11 Votes (Like | Disagree)
adampk17 Avatar
67 months ago
How about cards for spouses, Apple.....please?
Score: 11 Votes (Like | Disagree)
vipergts2207 Avatar
67 months ago

Great idea! Here come the holier-than-thou anti-credit posters.
Hey, credit cards are great if you don't pay interest and rack up the points.
Score: 10 Votes (Like | Disagree)
newyorksole Avatar
67 months ago
Very good idea. It’s really a win win for Apple to do this. No interest for 24 months AND you get cashback? Hard to pass up if you’re the type to finance things.
Score: 8 Votes (Like | Disagree)