0% Interest Over 24 Months: Apple Launching iPhone Installment Plan for Apple Card

Apple is launching the iPhone financing program for Apple Card with 0% interest over 24 months, reported by TechCrunch. This iPhone installment plan for Apple Card will roll out today across Apple.com, Apple Retail Stores and Apple Store app on iOS.

If you own an Apple Card then you can buy an iPhone and pay back in installments over a course of 24 months with zero percent interest. Monthly installments will be added to Apple Card’s balance minimum payment for the customers to know how much they have to pay.

Apart from the iPhone installment plan on Apple Card, the company has also introduced a 6% cashback during the holiday season. This promotion is valid till 31st December after that customers will get a 3% cashback on Apple products’ purchase.

For now, the installment plan only offers iPhone and the Apple Care+ extended warranty. In the future, Apple may add more hardware to this plan.

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