At this point, you might be wondering, what exactly is an iPhone? For starters, it enables its user to browse the internet and make phone calls. But here in this article, we are going to talk about how you can finance an iPhone yourself! It's true; there are many ways to get the cash you need for one of these incredible devices without overpaying on your cell phone or leasing a fancy new car.

Best Ways to Finance an iPhone

In today's article, we are going to cover everything from where you can sell and buy used iPhones in bulk quantities for a lower price and also some great deals and discounts to make your purchase even more exciting.

iPhone Upgrade Program through Apple

The iPhone Upgrade Program is designed for people who want the latest technology and are willing to make a regular monthly payment to upgrade their device. As the iPhone 13 launch is expected this year, more and more people are going to use this financing option. You can get one of the newest models and trade in your old phone whenever you want, which means you'll always have the latest version.

iPhone Upgrade Program through Apple

iPhone "Buy Now" via Apple's Website

If you're looking for instant gratification, then this is what you’re looking for. The iPhone "Buy Now" feature lets you buy a new or used phone right now without any obligation. You can also use this option if the iPhone Upgrade Program isn't available in your country or region yet.

Carrier Financing

There are many best iPhone financing offers 2021 that you can get by the service provider if you sign a contract for two years. This way, you won’t have to pay any interest rates but you will be bound to use the specific network only for two years.

iPhone interest rates typically fall between 2.99% and 8.99%. Compare this to the interest rate on a new car, which is usually around 3%. Like most big purchases, be sure to consider all of the details before you take that final leap. For some people, an iPhone may not be necessary or even in their budget at all times. In these cases, it may be best for them to wait until they can afford or justify purchasing one outright instead of financing it over time.

Apple Card Financing

Do you want Apple card financing for iPhone? How does that work? Honestly, it's not too complicated. You are more likely to get the cheapest prices for iPhone as you are directly dealing with Apple. Here is how it works:

Apple Card Financing

-App: Download the Apple Card app from the App Store or Google Play.

-Activate: When you purchase your iPhone in-store, tell our customer service representative that you want to choose Apple card financing.

-Payments: You'll be charged a $49 fee for your first month and 1% of each payment made on your account will go towards paying for the cost of your phone over 24 months.

Retailer Financing

Retailer Financing

Most of the famous online stores and retailers offer deals on new iPhone 2021. You can go for this option if your credit score is too poor. Financing through a 3rd party is not the best way to finance your iPhone but you can try it in case there is no other option is left.


Financing allows you to spread out your payments, meaning that while it will cost more in the long-term you can buy an expensive item now rather than waiting until later. Financing also often includes perks such as a warranty or giving your phone insurance. 


Lastly, if there is a problem with the phone they will usually replace it quickly or work to fix it without having to go through an extended warranty program.