Apple Launches Apple Card Monthly Payment Plan iPad, Mac, And More

Apple today launched its monthly iPad, Mac payment plan for Apple Card users in the United States, allowing them to split up the cost over s...

Apple today launched its monthly iPad, Mac payment plan for Apple Card users in the United States, allowing them to split up the cost over several months with interest-free payments.

Payments will be managed through the Apple Card section in the Wallet app on the iPhone and charges will be added to a customer’s monthly Apple Card bill.

The 12-month payment plan is now available for people who are preparing to buy iPads, Macs, the Apple Pencil, and iPad keyboards, as well as the Mac XDR Display monitor. Meanwhile, there will be a six-month with no interest payment plan for the AirPods, Apple TVs, and HomePod.

Additionally, customers will receive three percent Daily Cashback for their purchases, and the plan will be compatible with Apple's educational discounts.

Apple sprang a similar program for the iPhone last year, offering 24 months no interest.

Currently, products including Apple Watch and iPod touch are not eligible with the interest-free financing.