With cars, one can usually choose between 0% loan or lower price.I disagree. 0% loan? I am in. (I look for the same deal with cars) I usually pay cash, but this is too good to pass up and I would just use the card to purchase the phone.
With cars, one can usually choose between 0% loan or lower price.I disagree. 0% loan? I am in. (I look for the same deal with cars) I usually pay cash, but this is too good to pass up and I would just use the card to purchase the phone.
When I negotiate for a car, I first negotiate a lower price (never pay MSRP), then secondly ask for the manufacturer's 0% finance rate. The dealer reduces the price from their profit margin.With cars, one can usually choose between 0% loan or lower price.
So only folks with existing iPhones and an Apple card can take advantage of this, right? If you currently don't have either, there is no way to avail of this financing? Say, for example, if I am a first time iPhone buyer and I went to the Apple.com website, can I directly apply for the Apple card so I can finance the purchase?
So only folks with existing iPhones and an Apple card can take advantage of this, right? If you currently don't have either, there is no way to avail of this financing? Say, for example, if I am a first time iPhone buyer and I went to the Apple.com website, can I directly apply for the Apple card so I can finance the purchase?
That typically depends on your credit standing as to if you receive Visa Signature or MasterCard World Elite status. That status is what extends the warranty.I'd rather buy it with a card that extends the warranty by a year....worked out well for me in the past with iPhone 6 repair (Discover).
Basic finance ?
How do you figure every payment is less than the last? The value of the phone will drop while payments are still due. One may even want a new phone before all payments are made making them still responsible.
I dunno maybe it’s just me, but I alwasy pay eith cash or I don’t buy. And I invest rather than have payments with anything zero percent or not. I do not like payments.
Anytime any business let’s me borrow money on their dime it’s a win for me.With cars, one can usually choose between 0% loan or lower price.
There’s not much to take advantage of here. Apple and carriers already offer this. Financing on a cc isn’t something you’d want to do.
Notably I bought the AirPods Pro on AppleCard using ApplePay; so you get the 3% cash; but did you realize the 1 year warranty extension does NOT apply to AppleCard as it does to other MasterCards? I also bought the iPhone 11 Pro Max using ApplePay/AppleCard; but didn't even think about that as I never keep one more than a year. But I bet most people 'think' they have the warranty extension; and they don't.That typically depends on your credit standing as to if you receive Visa Signature or MasterCard World Elite status. That status is what extends the warranty.
There’s not much to take advantage of here. Apple and carriers already offer this. Financing on a cc isn’t something you’d want to do.
The main advantage/difference would be the ability to hold $1200 for 24 months an pay off at the end - rather than paying monthly.
Wow - this Banker trickery is good enough to even make me consider getting this card! That appears to be the only way to get a discount on a new iPhone. Pretty slick.
seriously - they are indeed doing some big stuff with this credit card.
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Pay off your credit card statement on time! No debt.
Notably I bought the AirPods Pro on AppleCard using ApplePay; so you get the 3% cash; but did you realize the 1 year warranty extension does NOT apply to AppleCard as it does to other MasterCards? I also bought the iPhone 11 Pro Max using ApplePay/AppleCard; but didn't even think about that as I never keep one more than a year. But I bet most people 'think' they have the warranty extension; and they don't.
Upgrading every year is what has kept me OUT of the iUP program. I want to upgrade when I want to upgrade, not when some program requires me to upgrade -- oh, and I want to own whatever device I paid for so that I can either repurpose or sell it on my own and not have to trade it in.
This method gets you 3% cash back.
A ton of interest?Interesting. I was thinking about using my Apple Card to "buy" an iPhone financed over 24 months and just pay it off monthly, this looks like the equivalent minus the middle man.
So really no different...right?
Maybe when the holidays arrive next month, Apple might offer 24 month interest free payments on a Macbook I have been eyeing....Now if they would just offer this on new Mac purchases!
Maybe when the holidays arrive next month, Apple might offer 24 month interest free payments on a Macbook I have been eyeing....
Yes, you can pay off your Apple Card balance at any time, with no restrictions.another thing I hope they allow with this would be letting you pay off the entire remaining amount you owe at any time
Yes, as long as it's an iPhone.I wonder if Apple will allow this for SIM-FREE iPhones
Yes, it uses your existing credit limit, which means no credit score pull (hard or soft), but also means your available credit will be reduced by the amount financed, which can affect your credit score.Is it using your actual credit limit to finance the device
If you have a balance, will the iPhone purchase also be interest charged upon purchase or will it be interest free for that portion owed ?Yes, you can pay off your Apple Card balance at any time, with no restrictions.
Yes, as long as it's an iPhone.
Yes, it uses your existing credit limit, which means no credit score pull (hard or soft), but also means your available credit will be reduced by the amount financed, which can affect your credit score.
The program is only for iPhones and not for any other Apple product.
As long as you make the monthly payments, the balance of the iPhone purchase will be interest free for 24 months.If you have a balance, will the iPhone purchase also be interest charged upon purchase or will it be interest free for that portion owed ?