New Interest-Free Payment Plans Coming For Apple Card Holders

Us-based tech giant Apple will soon allow Apple Card owners to buy iPads, Macs and AirPods without paying any interest in 12 months in installments. Users will also be able to reclaim 3 percent of the total amount they pay when buying products according to the payment plan.

Apple CEO Tim Cook said at the time that they were working to make use of the Apple Card in the purchases of other products, and that customers would soon be able to see something.

According to Bloomberg, the Cupertinolu company is preparing to implement this plan very soon. In December 2019, Apple launched a plan that allowed customers to buy iPhones in 24 months installments with the Apple Card. Under the plan, users did not pay any interest, and they regained 3 percent of the total amount they paid in cash.

Apple will offer a 12-month interest-free payment plan for macs, iPads, monitors, iPad keyboards and other products such as Apple Pencil, the report said. In addition, a 6-month payment plan is on the agenda for popular products such as Apple TV, HomePod and AirPods with zero interest. Customers will be able to check instalments and points they earn from the Wallet app on iPhones, as always.

Apple, which aims to further expand the use of the Apple Card, which has the support of Goldman Sachs, will make a significant contribution to people's purchasing power with a new interest-free installment plan. The company had previously implemented the Apple Card Assistance Program, which allows Apple Card customers economically affected by the coronavirus outbreak to skip their March and April payments.

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