Categories
App Store Apple Apps Business Deals Finance iPhone News retail wireless

Apple offers SIM-free, interest-free iPhones for installment-based purchase with Apple Card

If you’re hankering for a SIM-free iPhone and have an Apple Card, you’re in luck.

Apple has come up with a new incentive, offering a brand new SIM-free iPhone and available payments over time with no interest, provided you have an Apple Card, and existing wireless service. Before, users would need to pay the full retail price upon purchase or utilize another credit card. With the Apple Card, users will get 3 percent cash back on their purchase.

In order to view the option, you’ll need to have the Apple Store app installed, have an Apple Card already associated with your Apple Account, and have wireless service through a carrier on an iPhone associated with your Apple ID. Otherwise, you’ll still have to buy an iPhone at the full retail price with no financing. You must use the Apple Store app as the option is not available in-browser at this time.

This has also been confirmed as a limited time offer that must be complete via an existing iPhone with the Apple Store app.

The monthly installment plan allows users to purchase the SIM-free iPhone through their Apple Card over a period of 24 months, as opposed to paying the full price up front. Customers can also overpay towards the installment plan, thereby reducing the number of payments needed. Customers will still be required to pay their regular installment plan payment the following month.

Presently, only iPhones are available to purchase with this special financing, and it remains to be seen if Apple will will extend the program to other devices.

Stay tuned for additional details as they become available.

Via AppleInsider