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Apple Card customers can defer their April payments interest-free

Last updated

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.

Launched on August 20, 2019, the Apple Card was designed by Apple and developed by Goldman Sachs. While it's primarily designed to work with Apple Pay, Apple provides each Apple Card customer with a physical, titanium card.



7 Comments

Beats 4 Years · 3073 comments

"Greedy Apple" is just deceiving you!!

/s

apple ][ 13 Years · 9225 comments

Even if I have the opportunity to defer payments on a few of my credit cards, I'm not going to use that option, because that'll just mean a larger bill next time around, since it'll include the previous month and the newer month. And it's better for the credit score to keep your credit card balance below a certain percentage of your total available credit limit.

I prefer to pay in full each month and not owe a penny to anybody.

beowulfschmidt 12 Years · 2361 comments

Can I get a discount for paying on time?  B) ;)

crowley 15 Years · 10431 comments

Can I get a discount for paying on time?  B) ;)

A discount for being fortunate enough to not be having money issues right now?  Classy.

apple ][ 13 Years · 9225 comments

crowley said:
Can I get a discount for paying on time?  B) ;)
A discount for being fortunate enough to not be having money issues right now?  Classy.

Why not?

Reliable and responsible payers should be rewarded and delinquent payers should be punished. That is plain common sense.