apple credit question! ! !

[pavetheforest]

Can anyone explain to me the apple credit card "3 months same as cash"
option, or do they a 12 month no interest option? I read the information, I know they have the 3 months same as cash but the way in which they explain it confuses me.......can anyone clarify this for me?

 

[dmw007]

Can anyone explain to me the apple credit card "3 months same as cash" option

I believe that it simply means that you do not have to make any payments for the first 3 months.

 

[CanadaRAM]

Youj get it interest free for 90 days -- if you let it go to the 91st day however, you pay a bargeload of interest from Day 1

 

[dmw007]

Youj get it interest free for 90 days -- if you let it go to the 91st day however, you pay a bargeload of interest from Day 1

A rather unpleasant surprise.

 

[MovieCutter]

Yeah, that credit card is a joke. You'd be much better off doing one of three things:

1) FInd a credit card with 6-12 months 0%.
2) Use two credit cards, and transfer the balance from card A onto card B for a small fee. I did this with my Quad and paid 0% for 12 months on a card I had for a while.
3) Save your money and pay off the balance the moment it shows up on your statement.

 

[bobber205]

Hmm. That's not a bad idea.

I'll have my dad and myself read the fine print again, but I thought it was not interest for 3 months, then you start paying interest on whatever you have left, not the original amount.

 

[Macky-Mac]

Hmm. That's not a bad idea.

I'll have my dad and myself read the fine print again, but I thought it was not interest for 3 months, then you start paying interest on whatever you have left, not the original amount.

it looks to me like you have to pay off ALL of the inital purchase from Apple by 90 days in order to get the no interest for 90 days part of the deal......this is from the "terms" page:

"The Finance Charge is waived on the initial Apple Store purchase for the first 90 days after the transaction date provided we receive timely payment and the initial Apple Store purchase balance is paid in full on or before the 90th day after the transaction date"