Apple today expanded its Apple Card interest-free monthly installment payment plan across much of its U.S. online store, allowing users to pay for Macs, iPads, and other Apple products over time. In addition to the interest-free payments, users also earn the standard 3% Daily Cash for purchases through Apple.
The new option is available on checkout pages for individual products, with some products like Macs and iPads available with 12-month interest-free installments, and others like Apple TV, AirPods, and HomePod can be paid off over six months. Notably, Apple Watch and iPod touch are not eligible with the interest-free financing.
Tim Cookannounced on Apple's April 30 earnings conference call that the company would be expanding the Apple Card Monthly Installments plan beyond the iPhone, and just over a week ago, Bloombergshared details on what it would cover.
Apple has unveiled a whopping nine new products so far this March, including an iPhone 17e, iPad Air models with the M4 chip, MacBook Air models with the M5 chip, MacBook Pro models with M5 Pro and M5 Max chips, the all-new MacBook Neo, an updated Studio Display, a higher-end Studio Display XDR, AirPods Max 2, and now the Nike Powerbeats Pro 2.
iPhone 17e features the same overall design as...
Apple has unveiled nine new products this month, but the wait continues for the next-generation Apple TV 4K and HomePod mini models.
In his Power On newsletter today, Bloomberg's Mark Gurman said new versions of the Apple TV and HomePod mini have been "ready" since last year, but he reiterated that Apple has held off on releasing them until the more personalized version of Siri and other...
Apple today announced Apple Business, a new all-in-one platform that unifies device management, productivity tools, and customer outreach features.
The service is designed to be a consolidated replacement for several of Apple's existing business-focused offerings, including Apple Business Essentials, Apple Business Manager, and Apple Business Connect. It provides organizations with a single...
That’s awesome. Would love to see this in Scandinavia. Given that it’s interest-free it makes a no brainer for a Mac purchase. Time value of money.
Not sure how much time value there is in this era of zero / negative interest rates.
Also, if you don’t have the money to buy in full at time of purchase, then you’ll have additional stress until it’s paid off.
Personally, I won’t go into debt over anything that isn’t a house or primary vehicle. I like having zero credit card debt. Saved $100/month for 3 years to buy my last MBP in 2017. I still used a credit card in order to get cash back and double the factory warranty though.