How do apple card monthly installments work?

Your monthly installments live alongside your everyday Apple Card purchases in the Wallet app. So it’s easy to see your installments, remaining balance, and payment history. One balance to track and pay. Your monthly installment is automatically added to the minimum payment due on your Apple Card — including any associated Apple, and care+ coverage.

From what I have learned so far, Apple Card Monthly Installments is tied to having the Apple Card which lives in your Apple wallet. This payment method is only visible through your device which has the Apple Card in your wallet app.

How do Apple Pay installments work?

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. 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.

How to pay extra on Apple Card monthly payments?

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.

Apple Card Monthly Installments is not available if you select “Unlocked and SIM Free”; it would be a one-time payment. Thanks a lot! I went to Apple store and asked for monthly installments. Guy told that it should work, I bought new i. Phone with Apple Card, but it seems to me he didn’t understand anything about this type of payment.

How do I view my monthly payments on my Apple Card?

Open the Wallet app and tap Apple Card. Tap the more button. If you have multiple monthly installment plans, tap the one that you want to see. To see more details, tap Total Financed.

What are monthly installments and how do they work?

When using Monthly Installments, the cost of your new i. Phone is divided into 24, interest-free monthly installments. Each installment is included in your Apple Card minimum payment and is due every month for 24 months. Monthly Installments are billed to your Apple Card statement on the last day of the month.