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Apple Starts Offering 0% Financing on iPhones for 24 Months in Canada

Coinciding with the start of iPhone 13 and iPhone 13 Pro pre-orders, Apple today started offering 0% financing for an extended 24 months on new iPhone purchases in Canada through financing partner PayBright, up from six months previously.

iPhone 13 Pro Light Blue Side Feature
For example, customers with approved credit can now pay for the iPhone 13 Pro with 128GB of storage for 24 equal monthly payments of $58.29, with zero interest applied over those two years. Taxes must be paid in full upfront at the time of purchase. The financing option is available through Apple's website, retail stores, or by calling 1-800-MY-APPLE.

With the lack of an iPhone Upgrade Program or the Apple Card with Monthly Installments in Canada, this financing offer from PayBright finally provides Canadians with a way to finance an iPhone purchase directly from Apple over two years.

Update: PayBright has been experiencing issues today with the iPhone 13 pre-order process, according to complaints on Twitter.



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Top Rated Comments

DsurioN Avatar
67 months ago

iphone on installments lmao and people here make fun of shopping at Walmart
I mean if it's 0% interest, why not? If you can afford it anyway, keeps some cash flow available and spreads out the damage.
Score: 10 Votes (Like | Disagree)
67 months ago
Yes but we’re still waiting for the Apple Card. Has anyone heard if Apple is planning to launch that in Canada ?
Score: 4 Votes (Like | Disagree)
pi=e=3 Avatar
67 months ago
Ah heck, I wish I noticed that right away.
Purchased a 256 outright with next Friday delivery…

Delivery dates in Canada haven’t slipped too far, might just grab a second one on paybright and return the other once it arrives. At 0%, I’d rather be paying monthly vs lump sum.

Also when financing AC+, it’s actually $2/Mo cheaper than paying Apple monthly.
Score: 3 Votes (Like | Disagree)
67 months ago

It’s a server, so Linux.

Also upgrading your infrastructure for a singular surge event is a colossal waste of money.
It’s not like they are using on-prem servers, if only there was something like k8s where you could both scale up for an anticipated surge and continue to adjust based on volume throughout the day…
Score: 1 Votes (Like | Disagree)
MrTemple Avatar
67 months ago

I mean if it's 0% interest, why not? If you can afford it anyway, keeps some cash flow available and spreads out the damage.
Right?!

Somebody doesn’t understand the utility value of capital.
Score: 1 Votes (Like | Disagree)
Apple$ Avatar
67 months ago
I would use the finance option as it is easier to stomach than paying outright.
Score: 1 Votes (Like | Disagree)
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