Apple To Allow Interest Free Installments Purchase Of Mac, iPad, And More On Apple Card

Apple is going to start offering customers the chance to buy iPads, Macs, and accessories using their Apple Card while paying zero interest for up to a year, according to a new Bloomberg report.

Apple already allows buyers of iPhones to use their Apple Card and pay no interest for two years, and this offering is similar.

It’s said to include anything from AirPods to Apple’s Pro Display XDR monitor without paying a penny in interest. So long as they settle the balance within a year. However, the number of interest-free months will differ depending on the item being picked up.

The company will offer a 12-month interest-free payment plan for iPads, Macs, the Apple Pencil and iPad keyboards, as well as the Mac XDR Display monitor, and six months with no interest for the AirPods, Apple TV, and HomePod, the people said.

Apple didn’t offer a comment when asked, and it’s unlikely to do so until the new offer is announced. Bloomberg doesn’t share any timescales for when buyers will be able to take advantage of the new interest-free periods, either.

Apple Card remains a US-only affair right now although Apple has previously said that it hopes to be able to expand internationally in the future. That will require finding a banking partner to work with though, with Goldman Sachs filling that role in the United States.

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