Quick question - When upgrading to the new phone this September and handing back my iPhone 8 Plus, does this then pay off the remainder of the Barclays loan associated with the iPhone Upgrade Program on my 8 Plus?!
wow yes it is nearly that time of the year again!
Yes to the question above, as long as you've made 11 payments by then. Otherwise you'd need to pay what ever would be the remaining balance to your 11th payment.
FAQs on the apple site (bottom of the page): https://www.apple.com/uk/shop/iphone/iphone-upgrade-program
Do I need to contact Barclays to close my loan before visiting the store?
No, we’ll close the loan for you when you upgrade through the iPhone Upgrade Programme. If you haven’t made 11 monthly payments, we can take the early upgrade payment in store when you pick up your new iPhone.
Alternatively, could I take out a second iPhone Upgrade Program on the new phone, whilst keeping the 8 Plus (i.e. If I wanted to keep the 8 Plus to give to a family member, I guess I would then just carry on paying the £43.95 a month until the loan was paid off)?
yep, and as said above it depends on passing credit checks etc