Why am I paying a interest rate, when I bought my cells it said interest free.

Why am I paying any interest on my apple account? when I purchased each of our 4 cell phones new, It said interest free.

Posted on Mar 2, 2023 7:20 AM

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Why am I being charged interest on Apple Credit Card for iPhone purchase? Why am I being charged interest on my new Apple Credit Card if i purchased an iPhone from Apple.com? It is advertised as 0% interest for 24 months if I use the Apple Card. I read some feedback on this forum as it's clear I'm not the only one experiencing this. Some feedback says that we are only charged interest if we are late with our payment. I paid my bill on time, so that can't be true. Another bit of feedback says that we only get charged interest on the remaining ballance. Well, that's not how this was advertised. The remaining balance is only for the new iPhone. I have made no other purchases, so the only balance is related to the new iPhone purchase, which should be interest free for 24 months. What am I missing? Please provide a detailed explanation! Thank you.
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2 replies

Mar 2, 2023 7:22 AM in response to newellfromkaty

Variable APRs for Apple Card range from 15.24% to 26.24% based on creditworthiness. Rates as of January 1, 2023.26-Jan-2023

How to avoid or lower Apple Card interest charges

Mar 2, 2023 7:23 AM in response to newellfromkaty

The link on top of this page which you had visited, before posting this question here, is shown under the "Related Article” that may have given you an answer.

You need to mention which part of the article was not clear to you.

With the limited information that you have provided, It is hard to even guess the problems faced by you.

You may get faster and better responses to your query by --> Writing an effective Apple Support Commun… - Apple ...

Please re-post with detail so that someone else can help.

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Why am I paying a interest rate, when I bought my cells it said interest free.

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