iPhone- Apple Card 0%

You can no longer use the interest-free Monthly Installments option except with the 3 carriers. See the following from footnote 2 in Products you can buy from Apple with Apple Card Monthly Installments - Apple Support

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. 

Also note that you must select the Monthly Installments option at checkout. You cannot set it up later.

molecularmustache wrote:

This is a great way to alienate consumers. I can’t afford to purchase an iPhone without financing, and I can’t afford to switch carriers and get trapped by a contract with one of the big 3. I need a new phone because mine is broken. Guess I’m going to have to purchase a “new” iPhone through Amazon where I can still get financing options.

If you read the above posts, you can still do this with the Apple Card. Yes, you'll choose one of the three carriers at checkout, but you are NOT locked into any of the three carriers and can then choose whichever carrier you want, including Spectrum.

A lot has changed. You can finance at 0% for 24 months via Apple Card Mastercard. If you want the 3% Daily Cash back, you’ll need to either purchase in Apple Retail store or by calling Apple or purchasing on line at Apple.com/store and having it shipped. There are other options, but purchasing from Apple maximizes your Daily Cash.

The iPhone you receive will not be under contract and will not be locked to a carrier. You will have to bypass the carrier activation request screen.

I understand that they haven’t changed since this post was made. I cannot get 0% apr on any iPhone purchase unless I already have an account with or am willing to switch to a big 3 wireless carrier. Otherwise, the purchase has to go on credit. The other financing option has interest equal or greater than putting the purchase on Apple Card.

I haven't done it myself but see the following from my previous post (note that "ACMI" means Apple Card Monthly Installments):

An iPhone purchased with ACMI is always unlocked, so you can switch carriers at any time. 

This is a great way to alienate consumers. I can’t afford to purchase an iPhone without financing, and I can’t afford to switch carriers and get trapped by a contract with one of the big 3. I need a new phone because mine is broken. Guess I’m going to have to purchase a “new” iPhone through Amazon where I can still get financing options.

I suspect the person you spoke with was inexperienced or misunderstood you. You can search this topic on multiple social media platforms including Reddit, Facebook, and Instagram. The iPhone is not under contract, it just has an activation screen. There is no lock on the iPhone.

You replied to a 7 month old thread. A lot can change in 7 months. Do you understand your options?

this is only true if you do not already have an Apple Card. They do not have other financing options available, I was just told at the Apple Store.