Apple Card Deferred Payment Program Extended to May

[mattopotamus]

When someone offers you interest free money, you're doing it wrong if you're not taking advantage. If you're not using that money instead to pay off other interest bearing debt, then you are in fact, doing it wrong.

I don’t think what the person you quoted said was wrong, nor do I think what you said is wrong. Pay in full each month is generally the best advice, even if no interest. Before people know it they are paying $500/month, but hey it’s no interest.

 

[Hippocrates1985]

Not doing it wrong when they offer you the option with 0 APR! You can always paid it off when they end the promotion. Keep the cash in your saving/checking account does not hurt.
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Here is what I sent via iMessage "I would like to enroll in the Customer Assistance Program for May thank you." then it gives you an option to click on.
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I could be wrong but I don't think China Uncensored belong to any group. They are based on viewer donations call 50 cent army "Not the CCP 50 cent army internet troll" lol

I tried again but no luck. I got the same message:

"Sorry, but I'm not able to connect you right now. An Apple Card Specialist at Goldman Sachs can help you over the phone at 877-255-5923"

I'll try later. Thank you for your help.

 

[Costino1]

According to this forum and every Apple Card post, every MR User has 800+ credit rating and pays off their balance monthly. So we're good here. Right?

 

[ilikewhey]

I alrdy paid off mine since mine was due may 1st. The announcement for may defer and my payment was cutting too close

 

[DeepIn2U]

If you pay off the balance and then return the item resulting in a negative balance, you will have a “credit” essentially. If after a few months you still have a negative balance, they cut you a check.

would that negative balance accrue interest in your favor though? That is the right question

 

[ryanwarsaw]

When someone offers you interest free money, you're doing it wrong if you're not taking advantage. If you're not using that money instead to pay off other interest bearing debt, then you are in fact, doing it wrong.

I agree with your post. However if you are financing a purchase interest free or not you should not have any high interest bearing debt. A mortgage is acceptable. You pay the interest bearing debts first before you go into hock further for that fully loaded MBP you need because you are a "pro".

That way when you do it next time you can take the money and put it into something that produces like stocks and index funds. Take your 8% that even passive investors get on average.

People will say that can work against you. It can but if you bought AAPL last September with the money you would have paid for a new MBP say $3,000 even with a crash you are well ahead. Assuming you leveraged interest free debt.

 

[ozziegn]

The only time I use my Apple Card is when I'm in the drive thru line at Chic Fila and I use Apple Pay so I don't have to touch anything. Otherwise my Apple Card sits in my 15+ credit card collection with zero balances. Only reason I keep them open is because it helps to keep my score pretty high with all the available credit from those cards. Bad part is I have to remember to use each card every six months or so because I'm worried about the credit card companies closing the accounts for lack of use. So I keep a small spreadsheet which reminds me to use each card like every six months. I'll charge like $1.50 on each card when I fill up my gas tank. lol