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Technology Apple will soon let you tack an iPhone onto your monthly Apple Card bill

00:20  31 october  2019
00:20  31 october  2019 Source:   theverge.com

We're live at Apple's 2019 iPhone event!

We're live at Apple's 2019 iPhone event! We've finally made our way to California, and just in time, too — Apple Day is finally upon us. It won't be long now before the company reveals its trio of new iPhones, and if nothing else, we're dying to know what Apple actually plans to call these things. The iPhone 11 series? iPhone XI? Are we getting an iPhone 11 Pro Max? Why does it sound like we're talking about a late-90's graphics card? When it comes to nomenclature, the answers can't come soon enough. Of course, iPhones won't take up the entire show, and we can't help but wonder what else will get a share of the limelight on-stage today.

Apple already offers Apple Card holders 3 percent cash back when they make purchases at its stores, and lets you pay for phones in 24 installments while getting the cash back if you make those payments — on time — with an Apple Card . With a timeline of “later this year” for the new installment plan

Apple Card lives on your iPhone , in the Wallet app. And that makes all kinds of new things possible. You can sign up in no time and start using it right away with Apple Pay.1 For every There’s no limit to how much you can get. And it goes right onto your Apple Cash card , so you can use it just like cash.3.

In Apple’s Q4 earnings call, CEO Tim Cook announced that later this year, you’ll be able to buy an iPhone on an Apple Card, pay for it over 24 months with zero interest, get your 3 percent cash back on the purchase, and manage payments in the Wallet app with one fell swoop.

a close up of a card© Image: Apple

Apple already offers a number of ways to finance the cost of the iPhone, such as the iPhone Upgrade Program, and it seems like only the “manage payments in the Wallet app” portion is truly new. Apple already offers Apple Card holders 3 percent cash back when they make purchases at its stores, and lets you pay for phones in 24 installments while getting the cash back if you make those payments — on time — with an Apple Card.

With a timeline of “later this year” for the new installment plan, it seems possible this benefit will launch sometime before the holiday shopping season.

Apple Card users can also get 3 percent cash back at T-Mobile, Walgreens, and Uber.

Apple Card holiday promotion: Get an iPhone interest-free with 6% cash back .
Apple Card owners will be able to finance the purchase of an iPhone with zero interest and 6% cash back, Apple revealed.The catch: You must buy the phone from Apple Stores, on apple.com or on the Apple Store app, and use the company’s Apple Card credit card. In fact, the 6% holiday savings applies to all purchases of Apple products from the company made with the card before year-end.

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