The Barclaycard Apple Credit Card

The Apple credit card? What’s that? Apple Computer does not issue their own credit cards. After all, it’s not a bank. However, Apple Financial Services has teamed up with Barclays bank to create a Barclaycard Financing Visa card. With this card you can get “financing” for purchasing an Apple computer or other Apple products. If you want to buy a Mac with financing, you can apply for this card.

Apple Credit Card Terms

Here is how the Apple credit card (oops, Barclaycard Financing Visa card) works. With the Barclaycard Financing Visa card (also known as the “Apple credit card” to people who don’t want a mouth full) you get 12 months of deferred interest on your first Apple purchase of $899 or more. Now if you don’t pay the full balance within 1 year (12 months), interest be charged from the purchase date at a 22.29% variable APR.

What about a smaller purchase? You get 6 months of deferred interest on your first Apple purchase of less than $899 and if balances are not paid in full within 6 months, interest will be charged from the purchase date, once again at a 22.99% variable APR. There’s no annual fee on the card and you can use it wherever Visa is accepted.

You can either apply for the “Apple Credit Card” from their website or over the phone by calling 1-800-MY-APPLE. You might get an instant credit decision, or it might take as long as a few days to process your Apple credit card application.