iPhone Upgrade Program Vs Apple Card : Can You Pay Off Apple Card Instalments Early
Your minimum payment for Apple Card includes your Apple Card Monthly Installment. The monthly installment for all of your installment plans will be paid for you automatically when you pay the monthly minimum payment.
View Apple Card Monthly Installments
- Open the Wallet app and tap Apple Card.
- Tap the More button, then tap Monthly Installments.
- If you have multiple monthly installment plans, tap the one that you want to see.
When you buy an eligible Apple product by choosing Apple Card Monthly Installments as your payment method, you’ll get a 0% APR installment. After your installment purchase, you’ll get a notification on the device that you use to manage your Apple Card Monthly Installment. You can tap the notification and unlock your device to see your monthly installment details.
If you use your Apple Card to pay for a purchase all at once, instead of over time, your purchase will be subject to your standard purchase APR.
Pay your monthly installment
Your minimum payment for Apple Card includes your Apple Card Monthly Installment. When you pay your minimum payment each month, you automatically pay the monthly installment for each of your installment plans.
Pay extra
To pay extra on your Apple Card Monthly Installments, you need to first pay your entire Apple Card balance. Then, to make an additional payment towards your installment balance, choose Pay Early. If you have multiple installments, your additional payment is applied to the outstanding balance of your oldest installment plan.
To Pay Early:
- Open the Wallet app and tap Apple Card.
- Tap the More button
, then tap Monthly Installments. If you have multiple monthly installments, you see the balance for all of your monthly installments. - Tap Pay Early, then tap Continue.
- Choose an amount to pay, then tap Pay Now or Pay later and follow the instructions on your screen.
, then tap Monthly Installments. If you have multiple monthly installments, you see the balance for all of your monthly installments.If you don’t pay a monthly installment, you aren’t charged a fee or interest. To keep your account in good standing, pay your monthly installments on time as part of your Apple Card minimum payment due every month.
See your Apple Card Monthly Installment payment history
- Open the Wallet app and tap Apple Card.
- Tap the More button , then tap Monthly Installments.
- If you have multiple Apple Card Monthly Installments, tap the device you want to view monthly installments for.
About Apple Card Monthly Installments
Apple Card Monthly Installments is an easy payment option. You can choose to pay for a new iPhone, iPad, Mac, or other eligible Apple product with Apple Card Monthly Installments — instead of paying all at once — in order to enjoy interest-free, low monthly payments.1 Just be sure to choose Apple Card Monthly Installments when you check out if you want to pay for your purchase over time at 0% APR.
You can use Apple Card Monthly Installments to buy more than one device. Each new device that you buy has its own installment plan. The amount that you finance for each device is subtracted from your available Apple Card credit. The number of devices that you can buy with Apple Card Monthly Installments is only limited by your available credit.
What you need
An Apple Card account with enough available credit to cover the cost of your new device.
Make sure your device has the latest version of iOS or iPadOS, or macOS. On iOS 13.1 or earlier, you can’t see your installment details and Total Balance includes the total amount you finance.
How monthly installments are calculated
The total amount that you finance for your new device is divided into interest-free monthly installments. Each installment is included in your Apple Card minimum payment and is due every month for the duration of the installment plan.
The total amount that you finance increases if you buy an AppleCare+ plan. If you use Apple’s Trade In program, your total financed amount decreases by the amount you get for your old device.
Taxes and shipping aren’t included in your monthly installments — they’re billed to your Apple Card and are subject to your Apple Card variable APR.
Get Daily Cash with Apple Card Monthly Installments
When you buy a new iPhone, iPad, Mac, or other eligible Apple product with Apple Card Monthly Installments, you get 3% Daily Cash on the total amount you finance. This includes taxes and shipping charges.
You get your Daily Cash when your device ships or when you buy your device at an Apple Store.
If you haven’t set up Apple Cash yet, your Daily Cash accumulates and you can apply it towards your Apple Card balance.
Monthly installments with Apple Card Family
Apple Card Family participants can make a purchase using Apple Card Monthly Installments if the account owner or co-owner has not set a transaction limit for the participant. If the account owner or co-owner has set a transaction limit for the participant, it must be at least equal to the total purchase price of the eligible Apple product. This includes tax and shipping.
When your monthly installments start
Apple Card Monthly Installments are billed to your Apple Card statement on the last day of the month. Your first monthly installment is billed at the end of the same month that your device ships or you pick it up at the Apple Store.
If you return a device that you bought with Apple Card Monthly Installments
When you return the device that you bought, the remaining monthly installments are closed and the Daily Cash that you received is charged to your Apple Card. The Apple Card Monthly Installment for the device that you return is credited up to the remaining amount of that installment balance. If there’s a remaining credit, it’s applied to your Apple Card account to cover other transactions you might have made.
Apple Card Monthly Installments (ACMI) is a 0% APR payment option that is only available if you select it at checkout in the U.S. for eligible Apple products purchased at Apple Store locations, apple.com, the Apple Store app, or by calling 1-800-MY-APPLE, and is subject to credit approval and credit limit.
Your minimum payment for Apple Card includes your Apple Card Monthly Installment. When you pay your minimum payment each month, you automatically pay the monthly installment for each of your installment plans.
View Apple Card Monthly Installments
- Open the Wallet app and tap Apple Card.
- Tap the More button, then tap Monthly Installments.
- If you have multiple monthly installment plans, tap the one that you want to see.
When you buy an eligible Apple product by choosing Apple Card Monthly Installments as your payment method, you’ll get a 0% APR installment. After your installment purchase, you’ll get a notification on the device that you use to manage your Apple Card Monthly Installment. You can tap the notification and unlock your device to see your monthly installment details.
If you use your Apple Card to pay for a purchase all at once, instead of over time, your purchase will be subject to your standard purchase APR.
Pay your monthly installment
Your minimum payment for Apple Card includes your Apple Card Monthly Installment. When you pay your minimum payment each month, you automatically pay the monthly installment for each of your installment plans.
Pay extra
To pay extra on your Apple Card Monthly Installments, you need to first pay your entire Apple Card balance. Then, to make an additional payment towards your installment balance, choose Pay Early. If you have multiple installments, your additional payment is applied to the outstanding balance of your oldest installment plan.
To Pay Early:
- Open the Wallet app and tap Apple Card.
- Tap the More button , then tap Monthly Installments. If you have multiple monthly installments, you see the balance for all of your monthly installments.
- Tap Pay Early, then tap Continue.
- Choose an amount to pay, then tap Pay Now or Pay later and follow the instructions on your screen.
If you don’t pay a monthly installment, you aren’t charged a fee or interest. To keep your account in good standing, pay your monthly installments on time as part of your Apple Card minimum payment due every month.
See your Apple Card Monthly Installment payment history
- Open the Wallet app and tap Apple Card.
- Tap the More button , then tap Monthly Installments.
- If you have multiple Apple Card Monthly Installments, tap the device you want to view monthly installments for.
About Apple Card Monthly Installments
Apple Card Monthly Installments is an easy payment option. You can choose to pay for a new iPhone, iPad, Mac, or other eligible Apple product with Apple Card Monthly Installments — instead of paying all at once — in order to enjoy interest-free, low monthly payments.1 Just be sure to choose Apple Card Monthly Installments when you check out if you want to pay for your purchase over time at 0% APR.
You can use Apple Card Monthly Installments to buy more than one device. Each new device that you buy has its own installment plan. The amount that you finance for each device is subtracted from your available Apple Card credit. The number of devices that you can buy with Apple Card Monthly Installments is only limited by your available credit.
What you need
An Apple Card account with enough available credit to cover the cost of your new device.
Make sure your device has the latest version of iOS or iPadOS, or macOS. On iOS 13.1 or earlier, you can’t see your installment details and Total Balance includes the total amount you finance.
How monthly installments are calculated
The total amount that you finance for your new device is divided into interest-free monthly installments. Each installment is included in your Apple Card minimum payment and is due every month for the duration of the installment plan.
The total amount that you finance increases if you buy an AppleCare+ plan. If you use Apple’s Trade In program, your total financed amount decreases by the amount you get for your old device.
Taxes and shipping aren’t included in your monthly installments — they’re billed to your Apple Card and are subject to your Apple Card variable APR.
Get Daily Cash with Apple Card Monthly Installments
When you buy a new iPhone, iPad, Mac, or other eligible Apple product with Apple Card Monthly Installments, you get 3% Daily Cash on the total amount you finance. This includes taxes and shipping charges.
You get your Daily Cash when your device ships or when you buy your device at an Apple Store.
If you haven’t set up Apple Cash yet, your Daily Cash accumulates and you can apply it towards your Apple Card balance.
Monthly installments with Apple Card Family
Apple Card Family participants can make a purchase using Apple Card Monthly Installments if the account owner or co-owner has not set a transaction limit for the participant. If the account owner or co-owner has set a transaction limit for the participant, it must be at least equal to the total purchase price of the eligible Apple product. This includes tax and shipping.
When your monthly installments start
Apple Card Monthly Installments are billed to your Apple Card statement on the last day of the month. Your first monthly installment is billed at the end of the same month that your device ships or you pick it up at the Apple Store.
If you return a device that you bought with Apple Card Monthly Installments
When you return the device that you bought, the remaining monthly installments are closed and the Daily Cash that you received is charged to your Apple Card. The Apple Card Monthly Installment for the device that you return is credited up to the remaining amount of that installment balance. If there’s a remaining credit, it’s applied to your Apple Card account to cover other transactions you might have made.
Apple Card Monthly Installments (ACMI) is a 0% APR payment option that is only available if you select it at checkout in the U.S. for eligible Apple products purchased at Apple Store locations, apple.com, the Apple Store app, or by calling 1-800-MY-APPLE, and is subject to credit approval and credit limit.
