Apple to let users buy iPhone through monthly Apple Card bill

CEO Tim Cook has announced that later this year, users will be able to buy an iPhone on an Apple Card, pay for it over 24 months with zero interest, get 3 percent cash back on the purchase, and manage payments in the Wallet app. While Apple already offers a number of ways to finance the cost of the iPhone, “manage payments in the Wallet app” portion is the working solution.

Apple already offers Apple Card holders 3 percent cash back when they make purchases at its stores, and lets you pay for phones in 24 installments while getting the cash back if you make those payments — on time — with an Apple Card.

Source: The Verge