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There's actually a term for this: charge card. Some American Express cards still work this way (i.e., you must always pay in full on time).
by kbolino 2y ago
There's actually a term for this: charge card. Some American Express cards still work this way (i.e., you must always pay in full on time).
- Kirby64 2y agoNo. The financing Apple is offering is typically 12 months split into 12 separate payments. That is 0% financing and not a 'charge card' style. You're still getting 11 months of delayed payments, unlike a charge card where everything is due once a month from the previous month of the card.
- kbolino 2y agoFair enough, I was just noting that "delayed debit card" has a proper name.