Apple Planning Interest-Free Apple Card Payment Plans for Macs, AirPods, iPads and More

Apple plans to debut interest-free payment plan options for customers who purchase iPads, AirPods, Macs, and more using Apple Card, allowing them to pay for purchases over several months.

apple card titanium and app
According to Bloomberg, Apple will roll out the ‌Apple Card‌ feature in the coming weeks, with customers given up to 12 months to pay for their products before interest is due.

The 12 month plan will be available for iPads, Macs, the Apple Pencil, iPad keyboards, and the Pro Display XDR, while six month payment plans will be offered for AirPods, Apple TV, and HomePod.

Customers will be able to make payments through the Wallet app, with charges added each month to their ‌Apple Card‌ bills.

Apple rolled out a 24-month interest free iPhone installment plan for ‌Apple Card‌ users back in December, which lets customers purchase an ‌iPhone‌ with the ‌Apple Card‌ and pay over the course of 24 months.

The new device payment plans will work in the same way. Customers will get three percent Daily Cash back for their purchases, and the plans will be compatible with Apple's educational discounts.

During Apple's most recent earnings call, Apple CEO Tim Cook said that Apple was planning to provide payment plan options for devices other than the ‌iPhone‌. "As you know, we launched the payment plan earlier on ‌‌Apple Card‌‌ for ‌‌iPhone‌‌," he said. "We're working on that for other products and you'll see something on that shortly."

Apple's upcoming payment plans are meant to boost sales of Apple devices by allowing customers to pay for their items over time, as well as bolster ‌Apple Card‌ signups.

Popular Stories

Generic iOS 18 Feature Real Mock

iOS 18 Available Now With These 8 New Features For Your iPhone

Sunday September 15, 2024 10:09 am PDT by
Following over three months of beta testing, iOS 18 was finally widely released to the public on Monday, September 16. The update is available in the Settings app under General → Software Update on the iPhone XS and newer. Below, we have highlighted eight key new features included in iOS 18, and Apple shared a complete list of new features and changes last week. Note that Apple...
iOS 18 Public Beta Thumb 1

Here's When iOS 18 Rolls Out Today in Every Time Zone

Monday September 16, 2024 3:56 am PDT by
It's that time of year again. Apple is about to release iOS 18, which promises to bring a range of new features and improvements to iPhones worldwide. It's Apple's biggest software update of the year, and the company is expected to release it sometime today – Monday, September 16. Based on past releases, the update is likely to drop at around 10:00 a.m. Pacific Time/1:00 p.m. Eastern...
M4 Mac mini Black Ortho Cooler

Apple Leaks New Mac Mini With 5 USB-C Ports

Monday September 16, 2024 11:40 am PDT by
Apple has seemingly leaked the rumored next-generation Mac mini with five USB-C ports, according to a code change within Apple software that was discovered today by MacRumors contributor Aaron Perris. The code refers to an unreleased Mac mini model with an Apple silicon chip and five ports, which lines up with a previous report from Bloomberg's Mark Gurman that said the next Mac mini will be ...
apple silicon mac lineup wwdc 2022 feature purple

M4 Macs, New iPad Mini, and iPad 11 Expected at Upcoming Apple Event

Sunday September 15, 2024 5:29 am PDT by
Apple will likely hold another event in October this year to announce new Macs and iPads. If so, it would be the fourth time in the last five years that Apple has held an event in October. Last year, Apple held a virtual event on Monday, October 30 to announce new MacBook Pro and iMac models with the M3 series of chips. In his Power On newsletter today, Bloomberg's Mark Gurman reiterated...
16 pro

iPhone 16 Pro Demand Has Been Lower Than Expected, Analyst Says

Sunday September 15, 2024 3:58 pm PDT by
Apple analyst Ming-Chi Kuo today said demand for the iPhone 16 Pro and iPhone 16 Pro Max has been "lower than expected" since the devices became available to pre-order in the U.S. and dozens of other countries on Friday. Kuo said his data is based on a "supply chain survey" and shipping estimates listed on Apple's online store. Kuo estimated that sales of all four iPhone 16 models reached...
m4 iPad Pro Horizontal Feature Purple and Blue

Apple Pulls iPadOS 18 for M4 iPad Pro After Bricking Complaints [Updated]

Tuesday September 17, 2024 11:24 am PDT by
Apple stopped signing the iPadOS 18 update for the M4 iPad Pro models, which means the new software is no longer available to be downloaded and installed at the current time. The update appears to have been pulled following complaints from some iPad Pro owners, who found that the update bricked their devices. There are reports on Reddit from iPad Pro users who had an interruption in the...

Top Rated Comments

raybo Avatar
56 months ago

When your products are so overpriced that you need to sell a pencil with financing.
Perhaps you hadn't considered that it could be part of a larger purchase...but nice knee-jerk anti-Apple post!
Score: 77 Votes (Like | Disagree)
konqerror Avatar
56 months ago

When your products are so overpriced that you need to sell a pencil with financing.
Because none of the PC vendors offer the same thing... oh wait

https://www.dell.com/en-us/learn/finance-and-rewards/financing-details
https://www.lenovo.com/us/en/outletus/lenovo-klarna-credit/
https://www.microsoft.com/en-us/store/b/surface-all-access/
Score: 23 Votes (Like | Disagree)
jb1280 Avatar
56 months ago
This just reinforces the idea that Apple products and services are simply becoming subscriptions for their early adopters and best customers.

Couple this with their aggressive trade-in program currently in place and that becomes really clear

Win-win here. Good for consumers and good for Apple
Score: 22 Votes (Like | Disagree)
12643 Avatar
56 months ago
When your products are so overpriced that you need to sell a pencil with financing.
Score: 21 Votes (Like | Disagree)
Phil77354 Avatar
56 months ago
That is a welcome program. A few years ago I purchased my current iMac with a similar zero interest finance plan coupled with the Discover card. This is better since it will also include the 3% cash back.
Score: 21 Votes (Like | Disagree)
CWallace Avatar
56 months ago
As with all things, when used responsibly credit can be advantageous.

I have easily financed some $15,000 or more in Apple products on my Barclayacrd over the years (multiple iMacs, iPads, iPhones, accessories, MacBook Pros, etc.), all of it at 18 or 24 months SAC. Every single item I bought I had the cash on hand in my bank account, but rather then blow that all at once, I was able to keep it in the bank and earn interest (even if a pittance) and having that money available meant I paid well over the monthly minimums to ensure I paid off each loan two months before it was due (so there could be no issues with deferred interest).

Barclays was effectively letting me use their money for free for a time (yes, there is the annual fee, but you can negotiate that - especially if you have a long and all-positive history with them, which I do). Why wouldn't I do that if it was comfortably within my means to do so?
Score: 15 Votes (Like | Disagree)