Apple Card Owners Will be Able to Purchase an iPhone and Pay Over 24 Months With No Interest Starting Later This Year
During today's earnings call for the fourth quarter of 2019, Apple CEO Tim Cook announced a new feature that's coming to Apple Card later this year -- fee free iPhone payments.
Customers will be able to purchase a new iPhone using Apple Card and pay for it over 24 months with no interest. Customers will continue to get three percent cash back for the purchase as well.
There's no specific word on when the iPhone payment plan will be available, but Cook did say that it's coming this year, so it could perhaps be introduced ahead of the holiday season.
Cook said that Apple has been "thrilled" with the reception to Apple Card since its August launch. He said that Apple believes it was the "most successful launch of a credit card in the United States ever."
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Apple today launched a new promotion offering new Apple Card holders the chance to earn back the cost of AirPods Pro 3 through monthly cash rebates, but there is a recurring spend requirement attached.
Customers who open a new Apple Card account and purchase AirPods Pro 3 directly from Apple by June 15 will qualify. Starting July 1 and running through April 30, 2027, cardholders can earn $25 ...
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If you sign up for and are approved for an Apple Card for the first time, and use it to purchase AirPods Pro 3 by June 15, you can earn up to $250 in bonus cash back over a 10-month period if you meet minimum transaction requirements....
