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Apple expands interest-free financing on new products with Apple Card
Buying an iPad, Mac or AirPods just got a little easier with Apple's credit card.
Eli Blumenthal
Eli BlumenthalSenior Editor
Eli Blumenthal is a senior editor at CNET with a particular focus on covering the latest in the ever-changing worlds of telecom, streaming and sports. He previously worked as a technology reporter at USA Today.
Expertise5G, mobile networks, wireless carriers, phones, tablets, streaming devices, streaming platforms, mobile and console gaming,
CNET editors independently choose every product and service we cover. Though we can't review every available financial company or offer, we strive to make comprehensive, rigorous comparisons in order to highlight the best of them. For many of these products and services, we earn a commission. The compensation we receive may impact how products and links appear on our site.
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How we make money
We are an independent publisher. Our advertisers do not direct our editorial content. Any opinions, analyses, reviews, or recommendations expressed in editorial content are those of the author’s alone, and have not been reviewed, approved, or otherwise endorsed by the advertiser.
To support our work, we are paid in different ways for providing advertising services. For example, some advertisers pay us to display ads, others pay us when you click on certain links, and others pay us when you submit your information to request a quote or other offer details. CNET’s compensation is never tied to whether you purchase an insurance product. We don’t charge you for our services. The compensation we receive and other factors, such as your location, may impact what ads and links appear on our site, and how, where, and in what order ads and links appear.
Our insurance content may include references to or advertisements by our corporate affiliate HomeInsurance.com LLC, a licensed insurance producer (NPN: 8781838). And HomeInsurance.com LLC may receive compensation from third parties if you choose to visit and transact on their website. However, all CNET editorial content is independently researched and developed without regard to our corporate relationship to HomeInsurance.com LLC or its advertiser relationships.
Our content may include summaries of insurance providers, or their products or services. CNET is not an insurance agency or broker. We do not transact in the business of insurance in any manner, and we are not attempting to sell insurance or asking or urging you to apply for a particular kind of insurance from a particular company.
OK
Our Editorial Mission
In a digital world, information only matters if it's timely, relevant, and credible. We promise to do whatever is necessary to get you the information you need when you need it, to make our opinions fair and useful, and to make sure our facts are accurate.
If a popular product is on store shelves, you can count on CNET for immediate commentary and benchmark analysis as soon as possible. We promise to publish credible information we have as soon as we have it, throughout a product's life cycle, from its first public announcement to any potential recall or emergence of a competing device.
How will we know if we're fulfilling our mission? We constantly monitor our competition, user activity, and journalistic awards. We scour and scrutinize blogs, sites, aggregators, RSS feeds, and any other available resources, and editors at all levels of our organization continuously review our coverage.
But you're the final judge. We ask that you inform us whenever you find an error, spot a gap in our coverage, or have any other suggestions for improvement. Readers are part of the CNET family, and the strength of that relationship is the ultimate test of our success. Find out more here.
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The physical Apple Card.
Sarah Tew, CNET
Apple is making it a bit easier to buy a new iPad, Mac or AirPods, adding a new interest-free financing option for those who buy various products in its lineup with the company's Apple Card.
The new purchasing option is available now through the Apple Store, with those who decide to finance also eligible to get 3% back through the Card's Daily Cash cashback feature when using Apple Pay.
The length of financing varies by product. Macs and iPads offer a 12-month option at 0% APR, while AirPods and the HomePod are at six months with 0% APR. Some accessories, such as the Apple Pencil and iPad Pro's Magic Keyboard, are also eligible for financing. The Apple Watch, however, cannot currently be financed. The iPhone was already offered interest-free as part of Apple's upgrade plan, at 24 months at 0% APR.
Using the payment method for the AirPods Pro, which sell for $249, the monthly cost would be $41.50 per month for six months (not including taxes) as opposed to having to pay the whole cost upfront.
The financing option should appear when buying using Apple Pay on a Mac with Safari or when using the Apple Store app. You also can take advantage of the financing when using the Apple Card with Apple Pay in a physical Apple store.
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The ins and outs of the Apple Card