During the fourth fiscal quarter financial results call, Tim Cook announced that a new benefit for Apple Card users will arrive later this year . It’s the possibility of paying for an iPhone using the card, and without paying interests, even if it’s acquired in installments of more than 24 months.
Customers will be able to buy a new iPhone using Apple Card and pay for it for 24 months without interest. But in addition to this, customers will continue to receive a 3% cash refund for the purchase of the device , regardless of the number of months they pay for it.
At this time we don’t have specific information on when the iPhone payment plan will be available, but Cook indicated that it will arrive this year, so perhaps it could take place before the Christmas season.
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The Apple Card is only operational in the USA . It has both a digital and a physical titanium version, and offers refunds for each purchase, depending on what is purchased and by what means it is paid for.
According to Tim Cook, Cupertino’s firm is happy with the reception Apple Card has had since its launch in August, and he said they are interested in reaching out to more countries. “We want to offer the card everywhere. However, banking products would have to be imported country by country because banks and regulations are different in each place. We also want to reach Germany with it “ .