Apple launched its own credit card, Apple Card, back in March 2019. The company then began offering financing options at 0% interest for the purchase of iPhone devices using the credit card in December last year. Now. the firm is expanding that plan to include more devices such as iPad, MacBook, iMac, and accessories like the AirPods.
The financing options vary by device, with the higher end, costly hardware such as the iPhone, iMac, and MacBook being offered with a 12-month or 24-month option at 0% interest. The comparatively lesser-priced HomePod, Apple TV, and AirPods can be had with a 6-month installment option. The Cupertino giant is also offering these financing options for the Mac Pro and Pro Display XDR, which can be purchased starting at $499.91 per month and $416.58 per month, respectively.
As with purchases using the Apple Card, customers qualify for the 3% Daily Cash back benefit when purchasing from Apple. The financing options also apply to iPad accessories such as the Magic Keyboard and the Apple Pencil. Interestingly, the Apple Watch seems to be excluded from the list of hardware that qualifies for this financing option.
These options are a welcome addition for Apple customers that own an Apple Card and are looking to purchase or upgrade their current hardware. The company, along with Goldman Sachs, had also agreed to let customers that are financially affected by the pandemic defer their April payments.