Apple Card Monthly Installments Term for Apple Watch to Change From 24 Months to 12 Months

Starting August 15, the Apple Card Monthly Installments term for new Apple Watch purchases will change from 24 months to 12 months, according to fine print on Apple's website. This means each payment will be higher, but the Apple Watch will be paid off faster.

apple watch se 2022
In a recently updated support document, Apple also says a carrier connection with AT&T, T-Mobile, or Verizon will be required at the time you purchase an iPhone with Apple Card Monthly Installments starting August 15.

Apple Card Monthly Installments is an interest-free financing option available for most Apple products purchased with the Apple Card on and at Apple retail stores. Customers can view their monthly installments, remaining balance, and payment history in the Wallet app, and the balance can be paid off in full at any time.

Apple offers a 24-month installment term for iPhones, a 12-month term for Macs and iPads, and a six-month term for AirPods and Apple TVs. Other eligible products and accessories are outlined in a support document on Apple's website.

(Thanks, Brandon Fawcett!)

Popular Stories

Apple WWDC24 Apple Intelligence hero 240610

Apple Explains iPhone 15 Pro Requirement for Apple Intelligence

Wednesday June 19, 2024 4:48 am PDT by
With iOS 18, iPadOS 18, and macOS Sequoia, Apple is introducing a new personalized AI experience called Apple Intelligence that uses on-device, generative large-language models to enhance the user experience across iPhone, iPad, and Mac. These new AI features require Apple's latest iPhone 15 Pro and iPhone 15 Pro Max models to work, while only Macs and iPads with M1 or later chips will...
Apple Vision Pro 2 Feature 2

Apple Reportedly Suspends Work on Vision Pro 2

Tuesday June 18, 2024 8:17 am PDT by
Apple has suspended work on the second-generation Vision Pro headset to singularly focus on a cheaper model, The Information reports. Apple was widely believed to have plans to divide its Vision product line into two models, with one "Pro" model and one lower-cost standard model. The company is said to have been deprioritizing the next Vision Pro headset over the past year, gradually...
M4 Real Feature Red

M4 MacBook Pro Models Expected to Launch in Late 2024

Tuesday June 18, 2024 10:50 am PDT by
MacBook Pro models with an M4 chip are expected to launch in the fourth quarter of 2024, according to display analyst Ross Young. In a tweet for subscribers, Young said that panel shipments for new 14-inch and 16-inch MacBook Pro models are set to begin in the third quarter of 2024, which suggests a launch toward the end of the year. Apple started its M4 chip refresh in May with the launch...
iPhone 16 Pro Max Generic Feature 2

5 Biggest Changes Rumored for iPhone 16 Pro Max

Wednesday June 19, 2024 5:00 am PDT by
Given Apple's rumored plan to add an all-new high-end tier to its iPhone 17 series in 2025, this could be the year for Apple to bring its boldest "Pro Max" model to the table — the kind of iPhone 16 upgrade that stands tall above its siblings, both figuratively and literally. If you have been holding out for the iPhone 16 Pro Max, here are five of the biggest changes rumored to be coming...
Apple Intelligence General Feature

Apple Intelligence Features Not Coming to European Union at Launch Due to DMA

Friday June 21, 2024 9:44 am PDT by
Apple today said that European customers will not get access to the Apple Intelligence, iPhone Mirroring, and SharePlay Screen Sharing features that are coming to the iPhone, iPad, and Mac this September due to regulatory issues related to the Digital Markets Act. In a statement to Financial Times, Apple said that there will be a delay as it works to figure out how to make the new...
2022 back to school apple feature

Apple's 2024 Back to School Sale Launching This Week

Monday June 17, 2024 12:27 pm PDT by
Apple will launch its annual Back to School promotion for university students in the United States and Canada this week, according to Bloomberg's Mark Gurman. Apple's back to school sales provide students with a free Apple gift card when purchasing a Mac or an iPad, and this year's promotion could help Apple push the new M2 iPad Air and M4 iPad Pro models. Last year, Apple offered U.S....

Top Rated Comments

ethanwa79 Avatar
13 months ago

I wish every item is 12-month. 24-installment plan is simply too long for an iPhone.
No interest on 24 months is an amazing deal. Why would anyone NOT want that? Especially since most people don’t upgrade yearly.
Score: 37 Votes (Like | Disagree)
TheYayAreaLiving ?️ Avatar
13 months ago
This means Apple wants you to pay off and upgrade your Apple Watch every single year. Every 12 months or so. Furthermore, It's interest-free so you can't beat that.
Score: 32 Votes (Like | Disagree)
SDJim Avatar
13 months ago
Probably shouldn't be taking 2 years to pay off a watch anyway...

Glad this is still an option, though, it's definitely a nice perk of the Apple Card, IMO.
Score: 24 Votes (Like | Disagree)
Apple_Robert Avatar
13 months ago

I wish every item is 12-month. 24-installment plan is simply too long for an iPhone.
There is nothing preventing someone from paying off the loan early. The problem is too many people get in over their head with the enticement of small monthly payments.
Score: 23 Votes (Like | Disagree)
Orange Bat Avatar
13 months ago
I wish the computers were 24 months. It would make the decision to upgrade a lot easier. I would totally go for a Mac Studio with that deal.
Score: 23 Votes (Like | Disagree)
Böhme417 Avatar
13 months ago

I wish every item is 12-month. 24-installment plan is simply too long for an iPhone.
It always struck me a little odd that the iPhone plans were 24 months, but Macs are 12. Like, you need to stretch a $1k phone out over two years, but you should pay off a $3k MBP in one?
Score: 22 Votes (Like | Disagree)