Will Apple allow you to pay cash for iPhone?

nhlfreak98

macrumors 6502
Original poster
Apr 16, 2013
394
5
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?
 

joshkhaos1

macrumors 6502
Jul 24, 2014
354
56
You can pay cash.

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?
 

FrozenInferno

macrumors regular
Oct 27, 2013
223
220
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.
 

nox5

macrumors 6502
Oct 16, 2013
412
47
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.
 

maflynn

Moderator
Staff member
May 3, 2009
63,851
30,368
Boston
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..
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.
 
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Crichton333

macrumors 6502
May 4, 2014
342
32
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.
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.
 

Benny-

macrumors regular
Jul 17, 2009
132
1
Berlin
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.
 

dwfaust

macrumors 603
Jul 3, 2011
5,482
6,180
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.
Yep. Any transaction over $10k must be reported to the Treasury department.
 

Julien

macrumors G4
Jun 30, 2007
11,140
3,829
Atlanta
Money is money, and Apple likes money....
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.
 

Newtons Apple

Suspended
Mar 12, 2014
22,764
14,918
Jacksonville, Florida
All companies accept cash. Who ever said 'we don't take cash'
Sorry but all companies do NOT accept cash. Try paying rent with cash:rolleyes:

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

aznsniper911

macrumors newbie
Mar 15, 2012
23
0
hotel rooms are credit card only
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.
 

Julien

macrumors G4
Jun 30, 2007
11,140
3,829
Atlanta
Why would you think this? Cash is golden.
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.
 

nhlfreak98

macrumors 6502
Original poster
Apr 16, 2013
394
5
No cash is a dangers liability to keep on hand. Cash also requires security, accountability and is a logistical nightmare.



Apple ONLY take cash for PR reason and it costs much more to process than CCs.

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
 

pure-rockstar

macrumors regular
Jul 24, 2014
143
0
There was a time (c. 2007) when Apple required a credit card to purchase an iPhone. However, those times are past.

For reference:

http://www.zdnet.com/blog/berlind/why-apple-only-takes-credit-cards-for-iphones-and-the-legal-questions-raised/873

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?

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.

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