Yeah yeah it’s always “it was a joke” when someone rebuttals. But I also didn’t think my comment necessitated and “lighten up” response - I thought it was pretty straight forward and matter of fact.
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Apple Planning Interest-Free Apple Card Payment Plans for Macs, AirPods, iPads and More
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Not really new or unsurprising, I mean Amazon will allow you 5 months interest-free on their own devices such as the fire. You want people to buy your products whatever the price then offering good terms is a way to do it.
I am not a fan of credit and prefer the approach of if I don't have the money today then I can't afford it. But if a vendor offers interest-free then I will use it as a free way to preserve some capital.
I am not a fan of credit and prefer the approach of if I don't have the money today then I can't afford it. But if a vendor offers interest-free then I will use it as a free way to preserve some capital.
12 months is not long enough for an expensive Mac. Plus, add in the fact that Apples moving at a glacier pace with desktop updates and right now the iMac bto will take till July 7-15 to arrive. Crazy.
There is nothing stopping you getting a longer-term loan but you won't get it above 12 months unless you are willing to pay interest. 12 months is absolutely fine for an interest free term.
Regarding your first point: Many people are working remotely now. So 12 months to completely pay off an expensive Mac could easily replace a car payment.
From Apple's perspective the timing on this couldn't be better.
And were some of the reasons for denial untrue? Saying crap like severe delinquencies when I haven't been late in I don't know how many years now.
Yes. The reasons aren’t actual reasons that applied. Seemed incredibly arbitrary. I can go get any other card right now, lease a sports car, buy a house, pretty much do anything. But get this card? Nope.
Shame that Apple Card isn't available in the UK and other places yet. I've not given up hope yet, though! Hopefully we'll see it here in the UK this year...
You're assuming that, just because someone purchases something on a credit card, that will put them in debt.
I charge everything I possibly can every month and pay my credit cards off in full every month.
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Exactly. This is just creating a recurring hardware revenue stream for Apple.
And it's only like a sub if you get a new device before the current one is paid.
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Yes and for all the people who pay in full on time, there are plenty that don't. And most of the 0% are nasty where even if you miss paying $1 of the total in time, BOOM all the deferred interest is upon you. And even for the ones who pay well, they still most like get services $$$.
So I applied with my identical 813 credit score, 1% revolving debt utilization, very small DTI (only outstanding debt is a small car loan), relatively high income...
And I got approved. But only for a $5500 limit at 16% APR. I was really hoping for their top-tier 11%. Not sure what kind of credit profile you need to get that 11%. I don't plan on letting any balances sit on a credit card but if I ever had or wanted to I wanted the lowest possible APR. Oh, well.
If by "nasty" you mean that all the past interest becomes due, then yes, they are. But that's not nasty. It's the contract the cardholder agreed to by making a purchase under that program. If you don't pay the minimum required each month, then the interest kicks in.
And not sure what you mean about services $$$. If you pay as agreed, there are no hidden service fees for 0% interest programs.
Nope, at least not with the iPhone plan now. They give the full cashback when you buy. There'd be no reason to not have that on other products.
How to view and pay Apple Card Monthly Installments - Apple Support
Learn about Apple Card Monthly Installments, view them in Wallet, and see how to pay each month.
They just need to update the iMac design and I might use it... of course more readily available financing means there will be less pressure to be aggressive on pricing.
Eventually we'll just have a monthly "Apple Devices" no interest payment. iPhone, Mac, iPad, etc. Pay it off, get a new device.
i dont have a aapl card yet
was kinda dissapointed in plain look of card
but now i appreciate the all white since all my cards in my wallet have various mixed up colors
the white would be a standout visual in my wallet
was kinda dissapointed in plain look of card
but now i appreciate the all white since all my cards in my wallet have various mixed up colors
the white would be a standout visual in my wallet
Does the Apple Card ever have any promotions? example, sign up for southwest card get so many miles, or sign up for a cash back card and get $100 statement credit when you spend x amount. I was thinking about signing up for the card but I can wait if they do promotions from time to time.
Really pleased with my Apple Card. Making a payment is so quick and easy it's almost fun! I have been using mine primarily for large, expensive purchases such as camera gear (body and lenses) and things related to computer use (LG 24" Thunderbolt 3 monitor), for instance, and when the time starts approaching the end of the month, I just pick up my iPhone, go into the Wallet and click here, double-click there, and, boom, the bill is paid! I expect that when the time comes I will indeed be using it to make a purchase of a new Apple computer as well......