Apple Card Monthly Installment Plan No Longer Available on SIM-free iPhones

Apple recently released an update to its U.S. Apple Card Monthly Installment plan, which stipulates that customers must buy an iPhone associated with AT&T, Verizon, or T-Mobile to qualify for the feature. Because of this modification, the Apple Card Monthly Installment plan can no longer be utilized to buy an iPhone that does not include a SIM card.

Because the iPhones purchased via the Apple Card Monthly Installment plan come unlocked, users can transfer carriers whenever they like. Despite this, buyers must have a plan with a supported carrier to complete the purchase. Installment plans can no longer be utilized when purchasing an iPhone without a SIM card and then connecting it to a service provider such as Mint Mobile.

In June, Apple made these modifications public knowledge by publishing an updated support manual, and the company also officially revised the monthly installment plan. Before this point, users could utilize Apple Card installments to buy an iPhone online with the option to connect to a carrier later. This allowed customers to buy an iPhone and link it to any carrier.

Customers who used Apple Card installments were previously forced to select one of the three primary store carriers as their carrier of choice. At this time, the in-store policy and the online policy are consistent with one another.

Apple Cardholders can pay for their gadgets over a period of 24 months with the Apple Card Monthly Installment plan, which comes with a 0% annual percentage rate (APR) and 3% daily cashback on payments.

Also announced today by Apple is a modification to the monthly installment term for the Apple Watch. Going forward, buyers will be expected to pay off the gadget over a period of 12 months, down from 24 months previously. The 24-month term is only available for the iPhone by Apple now; the Apple Watch, Macs, displays, and iPads all use the 12-month term instead.