Apple today updated its U.S. Apple Card Monthly Installment plan to require those who use the feature to purchase an iPhone that is linked to AT&T, Verizon, or T-Mobile. With this change, the Apple Card Monthly Installment plan can no longer be used to purchase a SIM-free iPhone.
All iPhones purchased through the Apple Card Monthly Installment plan are unlocked so carrier switching is available at any point, but at purchase, customers will need to have a plan with a supported carrier. Buying a SIM-free iPhone and linking it to a carrier like Mint Mobile will no longer be possible using installments.
Apple announced these changes in an updated support document back in June, and the monthly installment plan has officially been updated. Prior to now, Apple Card installments could be used to purchase an iPhone online with the option to connect to a carrier at a later date, which allowed customers to buy an iPhone and then link it to any carrier of their choosing.
Apple already required customers using Apple Card installments to choose one of the main three carriers when in stores, and now the online policy matches the in-store policy.
With the Apple Card Monthly Installment plan, Apple Card holders can pay for their devices over a 24-month period with 0% APR and 3% Daily Cash back on payments.
Apple today is also changing the monthly installment term for the Apple Watch, and customers will be required to pay off the device over 12 months instead of 24 months. Apple now uses a 12-month term for Apple Watch, Macs, displays, and iPads, with the 24-month term limited to the iPhone.
Popular Stories
Apple today introduced its first two physical products of 2026: a second-generation AirTag and the Black Unity Connection Braided Solo Loop for the Apple Watch.
Read our coverage of each announcement to learn more:Apple Unveils New AirTag With Longer Range, Louder Speaker, and More
Apple Introduces New Black Unity Apple Watch BandBoth the new AirTag and the Black Unity Connection Braided...
Thursday January 29, 2026 10:07 am PST by Joe Rossignol
Apple today confirmed to Reuters that it has acquired Q.ai, an Israeli startup that is working on artificial intelligence technology for audio.
Apple paid close to $2 billion for Q.ai, according to sources cited by the Financial Times. That would make this Apple's second-biggest acquisition ever, after it paid $3 billion for the popular headphone and audio brand Beats in 2014.
Q.ai has...
Monday January 26, 2026 3:56 pm PST by Juli Clover
Alongside iOS 26.2.1, Apple today released an updated version of iOS 12 for devices that are still running that operating system update, eight years after the software was first released.
iOS 12.5.8 is available for the iPhone 5s and the iPhone 6, meaning Apple is continuing to support these devices for 13 and 12 years after launch, respectively. The iPhone 5s came out in September 2013,...
Tuesday January 27, 2026 2:39 pm PST by Joe Rossignol
Update: Apple Creator Studio is now available.
Apple Creator Studio launches this Wednesday, January 28. The all-in-one subscription provides access to the Final Cut Pro, Logic Pro, Pixelmator Pro, Motion, Compressor, and MainStage apps, with U.S. pricing set at $12.99 per month or $129 per year.
A subscription to Apple Creator Studio also unlocks "intelligent features" and "premium...
Thursday January 29, 2026 2:40 pm PST by Joe Rossignol
On an earnings call with equity analysts today, Apple CEO Tim Cook responded to fast-rising RAM and SSD storage chip prices in the supply chain.
Cook said that rising memory chip prices had a "minimal impact" on Apple's gross margin in the fourth quarter of the 2025 calendar year, but he does expect a "bit more of an impact" on the company's gross margin in the current quarter.
Cook added ...