In effort to ease any coronavirus-related burden on their customers, Apple and Goldman Sachs are allowing Apple Card cardholders the ability to defer their April payments without penalty.
With unemployment surging during the COVID-19 pandemic, many people are being forced to choose which payments to make and which they'll have to miss. Apple, along with their financial partner Goldman Sachs, aims to help offer Apple Card customers some relief.
Apple Card customers are now allowed to defer their April payments without incurring interest, which should give many customers some peace of mind.
In order to opt into the Customer Assistance Program, Apple Card users will need to reach out to a support representative via the Wallet app on their iPhone.
"We understand that the Covid-19 situation poses unique challenges for everyone and some customers may have difficulty making their monthly payments," read Apple's statement to customers. "If you previously enrolled in the Customer Assistance Program in March, you will need to enroll again."
Apple Card customers were allowed to defer payments in March as well. It is likely that Apple and Goldman Sachs will continue to allow deferments throughout the duration of the pandemic.