It’s going to be pretty hard to beat 0% interest with reward points or cash back.
Got a tip for us?
Let us know
Become a MacRumors Supporter for $50/year with no ads, ability to filter front page stories, and private forums.
Apple Card 0% Financing Now Available for Mac, iPad, and More
- Thread starter MacRumors
- Start date
- Sort by reaction score
just imagine if mortgage lenders gave us 0% interest free payments for a year
that would be real covid relief
that would be real covid relief
Generally speaking, most people don't have the means to fully pay off a purchase above a few hundred bucks. That's the whole point of credit- it makes paying for items less stressful, not more. Paying $100/mo for 12 months is a lot easier than having to lay out $1200 at the time of purchase. Not to mention, you incur less volatile swings in your personal finances.
Who here has socked away $14,000 into their savings account over the years to plop it all down on one Mac Pro?
I didn't think so
I didn't think so
But you won't be able to get a custom-to-order machine with increased RAM, processor, etc. Great if you are looking for a base models with no upgrades though!
Where is this at the Apple website? https://www.apple.com/apple-card/ still seems to reflect that the 0% monthly payment plan is for iPhone only. I'm a bit confused.
I signed up for the Apple Barclaycard to purchase an iMac a few years ago. The interest free period is indeed better, but unless I missed an option at signup, you only get rewarded in points towards an iTunes gift card. 1pt per $1 dollar spent. Personally, I prefer the Apple Card daily cash back programme as it racks up fast enough to use towards your Apple Card bills. For non-Apple purchases, I also stack it with Rakuten cash back.
At best buy you have to pick the 0% financing or points. At least with this you get the 0% and cash back. Depending on the best buy discount though, it still may be the better route.
If you can’t afford it today, then maybe you shouldn’t buy it today? If you have a volatile swing in your personal finances and are on the hook for credit card payments, how is that any better than having bought it up front?
That's why I also said the "Anytime" 0% could be a great benefit for some. If you won't be looking to finance Apple products regularly, maybe not no much compared to benefits other cards offer--plus other one-time intro offers that would beat this.
This is definitely a great benefit for many, as are the 2-3% and 0 international fees. But not for everyone.
As is becoming more common, Apple gives contradictory information in the same sentence: "The cost of your items will be deducted from the available credit limit on your Apple card and spread over time."
Will the full cost be deducted at once or will the full cost be deducted over time?
Will the full cost be deducted at once or will the full cost be deducted over time?
It seems that this available only on platforms with Apple Wallet built in. I can get the ACMI installment option through the Apple store app on my iPhone and on Apple.com on my MacBook Pro with touch ID; but not on my iMac.
Stinks it doesn't include the watch. But with Amazon selling them for $100 off, why would you buy from Apple?
I believe you need to have enough credit on the card to cover the full amount of the product you'd be financing.
Emphasis on I THINK that's how it works.
That's one reasonable interpretation! That said, the fact that it isn't crystal clear is the problem....
This certainly seems correct. Can use it on my iPhone but not my older MacBook Air.
this is not so confusing to me - it means that if you have a 10k credit line on the card, and buy something costing $1200, your available credit will be reduced to $8800 and you will pay $100 per month for 12 months.
i mean why would they extend you a loan for $1200 and then only lower your available credit by $100?