Products you can buy from Apple with Apple Card Monthly Installments (2024)

Certain products fromapple.com, on the Apple Store app, or at Apple Stores are eligible forApple Card Monthly Installments.Depending on the eligible product that you buy, financing terms will vary.¹

To receive a 0% APR installment on eligible products from Apple, choose Apple Card Monthly Installments as your payment option when you check out.²If 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

If you buy an iPhoneusing Apple Card Monthly Installments, you need to choose AT&T, T-Mobile, or Verizon as your carrier when you check out.After your purchase, you'll have one installment due every month for 24 months, and you can change carriers at any time.

iPad, Apple Watch, Mac, and Displays

If you buy an iPad, Apple Watch, Mac,Pro Display XDR, or Studio Displayusing Apple Card Monthly Installments, you'll have one installment due 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 due 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
Apple Branded MagSafe iPhone Case
Apple Branded iPhone Leather Wallet withMagSafe

If you buy any of these products using Apple Card Monthly Installments, you'll have one installment due every month for twelve months.

Learn more

If you purchase an ACMI-eligible product at the same time that you purchase an AppleCare plan, and you choose Apple Card Monthly Installments as your payment method, a separate 0% APR installment is created for your AppleCare purchase. However, if you purchase AppleCare with your Apple Card in a separate transaction, you must pay in full for that transaction, and that purchase will be subject to your standard purchase APR (i.e., not 0% APR). Variable APRs for Apple Card, other than Apple Card Monthly Installments, range from 19.24% to 29.49%based on creditworthiness. Rates as of August 10, 2023.Existing customers can view their variable APR in the Wallet app or card.apple.com.Taxes and shipping are not included in Apple Card Monthly Installments and are subject to your standard purchase APR.
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. See https://support.apple.com/kb/HT211204 for more information about eligible products.
APR ranges may vary based on when you accepted an Apple Card. Cardholders who accept an Apple Card on and/or after August 10, 2023: Variable APRs for Apple Card, other than ACMI, range from 19.24% to 29.49% based on creditworthiness. Rates as of August 10, 2023.Existing cardholders: See yourApple Card Customer Agreement in the Wallet app for applicable rates and fees.If you buy an ACMI -eligible product by choosing to pay in full with Apple Card (instead of using ACMI), that purchase is subject to the Apple Card variable APR, not 0% APR. Taxes and shipping on ACMI purchases are subject to the variable APR, not 0% APR. You’ll need to select AT&T, T-Mobile, or Verizon as your carrier when you check out. An iPhone purchased with ACMI is always unlocked, so you can switch carriers at any time.ACMI is not available for purchases made online at the following special stores: Apple Employee Purchase Plan; participating corporate Employee Purchase Programs; Apple at Work for small businesses; Government, and Veterans and Military Purchase Programs, or on refurbished devices. The last month’s payment for each product will be the product's purchase price, less all other payments at the monthly payment amount. ACMI financing is subject to change at any time for any reason, including but not limited to, installment term lengths and eligible products. See https://support.apple.com/kb/HT211204 for information about upcoming changes to ACMI financing. See the Apple Card Customer Agreement for more information about ACMI financing.

Published Date:November 03, 2023

Apple's financing options through the Apple Card Monthly Installments (ACMI) program provide customers with the opportunity to purchase eligible Apple products at 0% APR when using the Apple Card as the payment method. This allows for installment payments over specific periods depending on the type of product purchased.

Let's break down the concepts and terms mentioned in the article:

Apple Card Monthly Installments (ACMI):

0% APR Payment Option: Available for eligible Apple products purchased through specific channels such as Apple Store locations, apple.com, the Apple Store app, or by calling 1-800-MY-APPLE.
Credit Approval and Credit Limit: ACMI is subject to credit approval and the cardholder's credit limit.

Eligible Products and Financing Terms:

iPhone: When purchasing an iPhone using ACMI, the installment plan spans 24 months, with a monthly payment due. The choice of carrier (AT&T, T-Mobile, or Verizon) is required at checkout. The iPhone purchased via ACMI is unlocked, allowing carrier changes.
iPad, Apple Watch, Mac, Pro Display XDR, Studio Display: For these products, ACMI offers a 12-month installment plan with monthly payments.
- Eligible Mac models include MacBook Air, MacBook Pro, iMac, iMac Pro, Mac Pro, Mac mini, and Mac Studio.
Apple TV, AirPods, Beats Flex Wireless Earphones: ACMI offers a shorter, 6-month installment plan for these products.
Accessories: Certain accessories, when purchased using ACMI, require 12 monthly installments.

AppleCare and ACMI:

Separate 0% APR Installment: If an AppleCare plan is purchased simultaneously with an ACMI-eligible product using ACMI as the payment method, a separate 0% APR installment is created for the AppleCare purchase.
Separate Transaction: If AppleCare is purchased in a separate transaction using the Apple Card, it must be paid in full and is subject to the standard purchase APR.
Unlocking an iPhone with ACMI: iPhones purchased through ACMI are always unlocked, allowing for carrier changes at any time.

Variable APR and Additional Information:

Variable APR Range: Variable APRs for the Apple Card, excluding ACMI, range from 19.24% to 29.49% based on creditworthiness, with rates as of a specified date.
Taxes and Shipping: Taxes and shipping costs are not included in Apple Card Monthly Installments and are subject to the standard purchase APR.

Limitations and Conditions:

Exclusions: ACMI is not available for certain purchases made online at specific special stores, including Employee Purchase Programs and Government/Military Purchase Programs.
Last Month's Payment: The last payment for each product will be the product's purchase price, less all previous payments at the monthly payment amount.

Changes and Additional Information:

Subject to Change: ACMI financing terms, including installment lengths and eligible products, may change without prior notice.
Resource Links: References to the Apple Card Customer Agreement and a support page for more information about ACMI eligibility and upcoming changes.

The article emphasizes the importance of selecting ACMI as the payment option during checkout to benefit from 0% APR financing and the need to review eligibility criteria and terms before making purchases.

This breakdown highlights the nuances of ACMI, ranging from eligible products and their respective installment periods to the intricacies of combining AppleCare purchases and the variability of APR rates based on creditworthiness and transaction types.