Apple Card Monthly Financing No Longer Available for SIM-Free iPhones
Apple today updated its U.S. Apple Card Monthly Installment plan to require those who use the feature to purchase an iPhone that is linked to AT&T, Verizon, or T-Mobile. With this change, the Apple Card Monthly Installment plan can no longer be used to purchase a SIM-free iPhone.
All iPhones purchased through the Apple Card Monthly Installment plan are unlocked so carrier switching is available at any point, but at purchase, customers will need to have a plan with a supported carrier. Buying a SIM-free iPhone and linking it to a carrier like Mint Mobile will no longer be possible using installments.
Apple announced these changes in an updated support document back in June, and the monthly installment plan has officially been updated. Prior to now, Apple Card installments could be used to purchase an iPhone online with the option to connect to a carrier at a later date, which allowed customers to buy an iPhone and then link it to any carrier of their choosing.
Apple already required customers using Apple Card installments to choose one of the main three carriers when in stores, and now the online policy matches the in-store policy.
With the Apple Card Monthly Installment plan, Apple Card holders can pay for their devices over a 24-month period with 0% APR and 3% Daily Cash back on payments.
Apple today is also changing the monthly installment term for the Apple Watch, and customers will be required to pay off the device over 12 months instead of 24 months. Apple now uses a 12-month term for Apple Watch, Macs, displays, and iPads, with the 24-month term limited to the iPhone.
Popular Stories
Apple is expected to announce iOS 18 during its WWDC keynote on June 10, and new features have already been rumored for many apps, including Apple Music, Apple Maps, Calculator, Messages, Notes, Safari, and others. Below, we recap iOS 18 rumors on a per-app basis, based on reports from MacRumors, Bloomberg's Mark Gurman, and others: Apple Maps: At least two new Apple Maps features are...
With the 10th anniversary of the Apple Watch approaching, we thought it would be fun to take a look back at an interesting bit of Apple Watch history. After the Apple Watch was announced in 2014, and before it became available in 2015, Apple sent out custom Apple Watch iPad demo kiosks to retail stores. The Apple Watch and iPad units used for these devices were specially designed, had custom ...
While Apple's upcoming iPad Pro models have been expected to feature the M3 chip for over a year, recent reports have unexpectedly suggested that the new devices will instead feature the as-yet-unannounced M4 chip. Subscribe to the MacRumors YouTube channel for more videos. Last week, Bloomberg's Mark Gurman said that he now believes there is a "strong possibility" that the upcoming iPad Pro ...
With iOS 17.5, Apple is adding a "Repair State" feature that is designed to allow an iPhone to be sent in for service without deactivating Find My and Activation Lock. The fourth iOS 17.5 beta that came out today adds a "Remove This Device" option for all devices in Find My, and using it with an iPhone puts that iPhone into the new Repair State. Right now, sending an iPhone to Apple to be...
An in-depth Bloomberg report today resurfaced General Motors' decision to replace Apple CarPlay with its own software. Last year, GM announced that it planned to forgo Apple CarPlay in its new electric vehicles, starting with the 2024 Chevrolet Blazer EV. Instead, the automaker introduced a proprietary infotainment platform, aiming to control and customize the digital experience within its...
Amazon today kicked off numerous discounts across multiple Apple products and accessories, the highlight being the AirPods Pro 2 with USB-C for $179.99, down from $249.00. You'll also find deals on the Apple Pencil 2, AirTags, and Studio Display. Note: MacRumors is an affiliate partner with Amazon. When you click a link and make a purchase, we may receive a small payment, which helps us keep...
Apple has announced it will be holding a special event on Tuesday, May 7 at 7 a.m. Pacific Time (10 a.m. Eastern Time), with a live stream to be available on Apple.com and on YouTube as usual. The event invitation has a tagline of "Let Loose" and shows an artistic render of an Apple Pencil, suggesting that iPads will be a focus of the event. Subscribe to the MacRumors YouTube channel for more ...
Top Rated Comments