Apple has launched Apple Upgrade, a new Klarna-backed leasing programme letting customers rent an iPhone, Apple Watch, Mac, or iPad through monthly payments instead of buying outright.
Apple has launched a new leasing programme called Apple Upgrade, allowing customers to pay a monthly fee for an iPhone, Apple Watch, Mac, or iPad instead of purchasing the device outright. The programme, run in partnership with buy-now-pay-later firm Klarna, is now live on the Apple Store online, in the Apple Store app, and at physical Apple Store locations.
How does the leasing plans work?
Apple Upgrade offers 12-month and 24-month leasing options for iPhone and Apple Watch, while Mac and iPad come with 24- and 36-month terms. Monthly payments start at $17.99 for iPhone, $11.99 for Apple Watch, $24.99 for Mac, and $11.99 for iPad. Customers can lower these payments further by trading in an existing device through Apple Trade In, and those who pay using an Apple Card earn 3 percent Daily Cash back on their monthly instalments.
Karen Rasmussen, Apple's vice president of the Apple Store online, said the company wanted to give customers a more flexible way to pay for its products both online and in-store. This programhas launched in the US for now. India rollout is not known yet.
-
Samsung users beware: Make this mistake a 13th time, and your phone will be locked forever..
-
Meta: How does Meta's algorithm work? Why do some posts go viral?
-
Aadhaar Security: Can Someone Withdraw Money Using Just Your 12-Digit Aadhaar Number? UIDAI Explains
-
EVM Verification Conducted In 14 Kolathur Booths After Stalin's 2026 Election Defeat
-
Karnataka To Challenge CWRC Order Directing Cauvery Water Release To Tamil Nadu
