Yes, the Apple Card has an introductory purchase APR of 0% for 6 - 24 months after account opening. Once the intro period expires, any remaining balance on the Apple Card will be subject to the regular APR of 15.74% - 26.74% (V).
It’s important to remember that even though you don’t pay interest during 0% APR periods, you still must make timely minimum payments each month. You should also consider paying more than the minimum, since you’ll want to pay off the credit card balance before the regular APR kicks in. For help planning your payments, try out WalletHub’s Credit Card Calculator.
The Apple Card minimum payment is either $25 or 1% of the statement balance, plus fees, past-due amounts, and interest – whichever is higher. If your balance is less than $25, the entire amount is your minimum payment. Note that if you recently missed a payment, the issuer may add a late fee to your minimum payment.
The minimum payment is the smallest amount you’re obligated to pay by the due date for your Apple Card...
No, you cannot do a balance transfer with your Apple Card. The issuer does not allow balances from other issuers’ accounts to be transferred to the Apple Card. In general, balance transfers let you to shift high-interest debt from your current account to another issuer’s credit card and pay off the balance, presumably at a reduced interest rate.
Although the issuer does not allow balance transfers with the Apple Card, there are plenty of options from other issuers to choose...
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