Apple is about to let Apple Card holders make monthly payments through their accounts when purchasing iPads and Macs, according to recent reports…
Tech giant Apple entered (or deepened) its foray into the fintech world with the introduction of the Apple Card. (This is a credit card, unlike the coming Google debit card.) And, it will soon let account holders to buy gear and then make monthly payments, rather than paying the entire balance at once.
Apple Plans to Offer Monthly Payment Installments for iPads and Macs on the Apple Card
Sometime in the coming weeks, Apple Card members will be able to buy iPads, Macs, AirPods, and more products, through an introductory no-interest installment plan. For instance, iPads, Macs, the Apple Pencil, iPad keyboards, and the Mac XDR Display monitor, will enjoy twelve months with no interest. While AirPods, HomePod, and Apple TV will have six month without interest.
Apple launched its Apple Card in partnership with Goldman Sachs in August of last year. The company also offered an interest-free plan for iPhone purchases, with a bonus of 3 percent cash back. Now, it’s expanding that to more hardware, according to a recent news report published in Bloomberg.