As of August 15, the Apple Card Monthly Installments term for new Apple Watch purchases will change from 24 months to 12 months. While this means the monthly payments for your Watch will be higher, the Watch will be paid off in half the time.
Apple Card Monthly Installments provides interest-free financing for most Apple products purchased with the Apple Card on Apple.com and at Apple retail stores. Customers can use the iPhone Wallet app to view their monthly installments, remaining balance, and payment history. The remaining balance can be paid off in full at any time.
Apple offers a 24-month installment term for iPhones, a 12-month term for Macs and iPads, and a six-month term for AirPods and Apple TVs. Other eligible products and accessories are outlined in a support document on Apple’s website.
Products you can buy with Apple Card Monthly Installments
Some eligible products may be available to purchase with Apple Card Monthly Installments only in stores or online. Depending on the product that you buy, financing terms may vary.1
To receive a 0% APR installment on eligible products from apple.com, the Apple Store app, or an Apple Store, you must choose Apple Card Monthly Installments as your payment option at checkout.2 If you choose to pay for your eligible Apple purchase all at once with your Apple Card, that purchase will not receive 0% APR and instead will be subject to the standard purchase APR assigned to your Apple Card.
iPhone or Apple Watch
If you buy an iPhone or Apple Watch using Apple Card Monthly Installments, you’ll have one installment every month for twenty-four months.
iPad, Mac, and Displays
If you buy an iPad, Mac, Pro Display XDR, or Studio Display using Apple Card Monthly Installments, you’ll have one installment every month for twelve months.
Eligible Mac models include MacBook Air, MacBook Pro, iMac, iMac Pro, Mac Pro, Mac mini, and Mac Studio.
Apple TV, AirPods, and Beats Flex Wireless Earphones
If you buy any of these products using Apple Card Monthly Installments, you’ll have one installment every month for six months.
Accessories
- Apple Pencil
- iPad Keyboard
- Pro Stand, VESA Mount Adapter
- Apple Afterburner Card
- Apple Branded iPhone Case
- Apple Watch Bands
- Apple Branded iPad Cover
- Apple Branded Mac Cover
- MagSafe Charger
- MagSafe Battery Pack
- Apple Branded MagSafe iPhone Case
- Apple Branded iPhone Leather Wallet with MagSafe
If you buy any of these products using Apple Card Monthly Installments, you’ll have one installment every month for twelve months.