Will Apple allow you to pay cash for iPhone?

Discussion in 'iPhone' started by nhlfreak98, Jul 28, 2014.

  1. nhlfreak98 macrumors 6502

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    Apr 16, 2013
    #1
    I was planning on buying a 5s Off contract and pay full price. Question is will they let you pay cash and not be suspicious? I bought an iPhone 5 off contract last year and they didn't say anything wondering if anything has changed or I could still do it?
     
  2. joshkhaos1 macrumors 6502

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    #2
    You can pay cash.

     
  3. FrozenInferno macrumors regular

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    #3
    Money is money, and Apple likes money.

    If you went in and bought $50k worth of iPhones with a duffel bag full of cash you might raise some red flags.
     
  4. nhlfreak98 thread starter macrumors 6502

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    #4

    Hahah no duffle bags just have enough for only 1 iPhone
     
  5. nox5 macrumors 6502

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    #5
    United States coins and currency (including Federal reserve notes and circulating notes of Federal reserve banks and national banks) are legal tender for all debts, public charges, taxes, and dues.

    This statute means that all United States money as identified above are a valid and legal offer of payment for debts when tendered to a creditor. There is, however, no Federal statute mandating that a private business, a person or an organization must accept currency or coins as for payment for goods and/or services. Private businesses are free to develop their own policies on whether or not to accept cash unless there is a State law which says otherwise. For example, a bus line may prohibit payment of fares in pennies or dollar bills. In addition, movie theaters, convenience stores and gas stations may refuse to accept large denomination currency (usually notes above $20) as a matter of policy.
     
  6. maflynn Moderator

    maflynn

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    #6
    Apple at one point early in the iPhone life cycle forbade the use of cash. Also there are retailers that choose not to accept cash, so while it is legal tender, that may not gaurentee that a retailer is willing to accept it.

    In this case, Apple does.
     
  7. pure-rockstar macrumors regular

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  8. Crichton333 macrumors 6502

    Crichton333

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    #8
    Last year or something a guy was in the news that just payed like 20 homeless people to stand in line and buy iPhones for him. He probably did buy $50k worth of iPhones as he did this in numerous stores.
     
  9. Benny- macrumors regular

    Benny-

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    #9
    I paid cash shortly after the iPhone 5 launch wasn't a problem same as a maxed out spec rMBP.
    I have had to return a £2300 rMBP that I paid cash for, that was a little more complicated. They store didn't have £2300 is cash so they made a bank transfer a few days later.
     
  10. dwfaust macrumors 68040

    dwfaust

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    #10
    Yep. Any transaction over $10k must be reported to the Treasury department.
     
  11. FrozenInferno macrumors regular

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    #11
    Interesting. Hence why the smart ones pay people to stand in line at multiple stores.
     
  12. Gathomblipoob macrumors 68040

    Gathomblipoob

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    #12
    You're not going in with this in mind (I know, it's an oldie but goody)?
     
  13. nhlfreak98 thread starter macrumors 6502

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    #13
    Will Apple allow you to pay cash for iPhone?

    .

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    Haha no but that's too funny
     
  14. Julien macrumors G3

    Julien

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    #14
    Actually not true. Cash on hand is a GIGANTIC liability issue. You must also keep enough to make change and then there is a responsibility chain tied to it. Plus you need a service to transfer it out of the store and to the bank. Apple accepts cash more as a 'good will' service and not to incur bad press like in the past.

    Apple would love to be 100% cashless and not deal with all the hassles.
     
  15. pure-rockstar macrumors regular

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    #15
    All companies accept cash. Who ever said 'we don't take cash'
     
  16. Newtons Apple Suspended

    Newtons Apple

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    #16
    Sorry but all companies do NOT accept cash. Try paying rent with cash:rolleyes:

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    Agreed, I remember people be pi$$ed off because they would not accept cash for an iPhone. Credit card ruled.
     
  17. nox5 macrumors 6502

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  18. aznsniper911 macrumors newbie

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    #18
    Actually not true, if there are room availability then you can pay all in cash and leave a cash deposit without ever using a credit card.

    Also I'm surprised people are forgetting about the original iPhone, they accepting cash for a while which made it hard for some people who had cash but didn't have a credit card.
     
  19. C DM macrumors Westmere

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    #19
    Apple said it as recently as the last iPhone release.
     
  20. dwfaust macrumors 68040

    dwfaust

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    #20
  21. ET iPhone Home macrumors 68040

    ET iPhone Home

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    #21
    Why would you think this? Cash is golden.
     
  22. Julien macrumors G3

    Julien

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    #22
    No cash is a dangers liability to keep on hand. Cash also requires security, accountability and is a logistical nightmare.

    Apple ONLY takes cash for PR reasons and it costs much more for Apple to process than CCs.
     
  23. nhlfreak98 thread starter macrumors 6502

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    #23

    I've bought an iPhone 5 last year with cash and they didn't say anything I don't know if they changed polices or something like that
     
  24. 12vElectronics macrumors 68040

    12vElectronics

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  25. pure-rockstar macrumors regular

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    #25

    Well I guess if you think of it this way: if you demanded to be paid with cash at your job, instead of direct deposit, cash card, or check (a dying breed) would they do it?


    Exactly because people like to rob Apple stores in the same way they do banks.
     

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