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  • FIRST POST
    • MSE Steve
    • By MSE Steve 8th Sep 16, 6:42 PM
    • 34Posts
    • 17Thanks
    MSE Steve
    MSE News: Apple's new way to spread the cost of an iPhone 7 for zero interest
    • #1
    • 8th Sep 16, 6:42 PM
    MSE News: Apple's new way to spread the cost of an iPhone 7 for zero interest 8th Sep 16 at 6:42 PM
    Apple's new iPhone 7 comes with a hefty £600+ price tag, but the tech giant's launched a new way to pay which means it's possible to get a new handset from as little as £50 upfront and £27.50/mth without paying a penny in interest....
    Read the full story:
    'Apple's new way to spread the cost of an iPhone 7 for zero interest'

    Click reply below to discuss. If you haven’t already, join the forum to reply. If you aren’t sure how it all works, read our New to Forum? Intro Guide.
Page 2
    • AndyPK
    • By AndyPK 11th Sep 16, 9:44 AM
    • 1,532 Posts
    • 398 Thanks
    AndyPK
    Yes the upgrade program doesn't sound good.

    But if the other program is simply interest free, then I'm sure some people will find it useful.
    • GTR King
    • By GTR King 11th Sep 16, 11:43 AM
    • 585 Posts
    • 100 Thanks
    GTR King
    I think this is a good idea but if you add a sim only deal to that you will paying way more than a contract deal. But can you keep phone after or do you have to upgrade every 12 months
    Last edited by GTR King; 11-09-2016 at 11:48 AM.
    • AndyPK
    • By AndyPK 11th Sep 16, 1:19 PM
    • 1,532 Posts
    • 398 Thanks
    AndyPK
    There are two deals.

    1) Just buy phone 0% interest

    2) Buy phone, but have the option to upgrade if you wish. (but you give the old phone bacK)
    • boatman
    • By boatman 11th Sep 16, 3:27 PM
    • 2,780 Posts
    • 1,904 Thanks
    boatman
    Buy a £100 phone, and stop being a dik
    • jon81uk
    • By jon81uk 12th Sep 16, 9:53 AM
    • 594 Posts
    • 365 Thanks
    jon81uk
    I saw this on the Apple website & thought it looked good, new iPhone on 0% finance over 20 months, that would be great.
    Then I saw the catch, AppleCare insurance at £119 pa is included in the cost, fine if you want it, but the 0% isn't available without it as far as I can see.
    Originally posted by iainscomputer
    There are two options
    20 months 0% finance without AppleCare
    Upgrade plan of 20 months with AppleCare and the option to return the phone after 11 payments for the new model.
    • iainscomputer
    • By iainscomputer 12th Sep 16, 5:18 PM
    • 158 Posts
    • 84 Thanks
    iainscomputer
    I had a quick look at the MSE description of the deal and it's confusing. Perhaps ianscomputer can explain. Anyway I see the deal's being picked to pieces in the comments below the MSE article.
    I hope people never assume, 'because it's on MSE, it's a deal'.
    Originally posted by buglawton
    As far as I can see from the Apple site to get the phone on 0% you have to buy the AppleCare, but on MSE it does have a table which is 0% free without the AppleCare included, I think the MSE team has just made a small error.
    I went through the purchase process & when choosing finance the only option is the 14.9% offer. The 20 month upgrade offer is 0% but you have to buy the AppleCare insurance at £119 to purchase that.
    I would quite like to buy a 6s or 7, but really only want the interest free option, so if anyone can find it, it would be great.
    Last edited by iainscomputer; 12-09-2016 at 5:43 PM.
    • ididntgetwhereiamtoday
    • By ididntgetwhereiamtoday 12th Sep 16, 6:17 PM
    • 813 Posts
    • 663 Thanks
    ididntgetwhereiamtoday
    As far as I can see from the Apple site to get the phone on 0% you have to buy the AppleCare, but on MSE it does have a table which is 0% free without the AppleCare included, I think the MSE team has just made a small error.
    I went through the purchase process & when choosing finance the only option is the 14.9% offer. The 20 month upgrade offer is 0% but you have to buy the AppleCare insurance at £119 to purchase that.
    I would quite like to buy a 6s or 7, but really only want the interest free option, so if anyone can find it, it would be great.
    Originally posted by iainscomputer
    You won't get the interest free option on the 6s.
    I didn't get where i am today by not reading moneysavingexpert.com
    • mrochester
    • By mrochester 13th Sep 16, 7:06 PM
    • 1,128 Posts
    • 207 Thanks
    mrochester
    There is only one deal here. It's a 20 month 0% interest deal. AppleCare is included at no additional cost.

    You can either make 20 months worth of payments and the phone is yours at the end of the payment plan. Alternatively, you can make 11 months worth of payments after which you can decide to upgrade to the new iPhone at which point you pay another £49 one off payment and commit to a further 20 months worth of payments. You give back your old iPhone.
    • Sneaker
    • By Sneaker 21st Sep 16, 3:34 PM
    • 439 Posts
    • 12 Thanks
    Sneaker
    I tried this on Friday, my appointment was 8:30, I got to a person at 9:15 and started the process. He told me that the whole of Apple was having problems with Barclays with the payments, but we would go for it and it would take a little longer than normal. Throughout the process I was getting emails with welcome packs and passwords. At 12:30 – yes 12:30 I had to give up and just paid on credit card. As I said that the Apple guy said oh it’s actually just come back as declined. Anyone know why I received 22 emails with the info, and if the process has left 22 or more searches? I also never got an email declining me some I’m very confused and would have loved the 0%
    • cressyjack
    • By cressyjack 15th Oct 16, 3:53 PM
    • 2 Posts
    • 1 Thanks
    cressyjack
    Declinded
    I tried to obtain the Iphone 7 on the apple care and upgrade program. I do a lot of business so am always obtaining / opening some kind of / credit / accounts / borrowing and so understand that personal details or answers do not necessarily need to be 100% so on the hop in the apple store i gave my answers as best i could.... the result the application was declined, I am never declined! Instantly the Apple sales person informed me i could still buy the phone outright and did i want to, wafting the phone in front of my face.

    So i thought... let me check my Experien report, i have a monthly subscription, get all the answers and details correct and come back in a couple of days. Experian reported back the usual mega high score no missed payments, all accounts upto date, no car finance, few hundred pounds on credit cards that get cleared every other month.

    A couple of days later, different email, different mobile, different bank card this time using my barclays cash card with thousands in the account and i was still DECLINED!!

    Like a flash back to the previous decline the sales person instantly repeats word for word that i could buy the phone outright.... Now i think this stinks, apple staff have 100% had some kind of training to not give the customer time to think about the decline and push buying the phone there and then. Additionally I cannot believe I have been declined for such a small amount of credit!

    I find it bizarre that the product i.e the Iphone is removed from their store room which takes the staff a few minutes to organise and place in front of you, only then the credit application is done...Apple staff claim this is so they can scan the phone's barcode 1st but again it just stinks!

    I'm angry that my 2yr old Iphone only lasts 6 - 12 hours and i need a new one, i'm angry i have wasted so much time parking in town and visiting their store, i'm angry this is best option, i'm angry i'm running around like an apple fan boy still with no phone!

    I doubt it but i do wonder if there is a joint strategy between apple and barclays to decline those that can pay for the phone outright, myself, but accept those that cant and need to finance it.

    Can anybody else shed any light or had a bad experience?
    • mrochester
    • By mrochester 15th Oct 16, 4:01 PM
    • 1,128 Posts
    • 207 Thanks
    mrochester
    If you're always taking out new credit products, this can look quite suspicious to some lenders as it could be a sign that you are financing credit with other credit. Given you otherwise have a good credit history, I would suggest it's this aspect that is preventing you from getting any credit from Barclays.
    • AndyPK
    • By AndyPK 15th Oct 16, 5:37 PM
    • 1,532 Posts
    • 398 Thanks
    AndyPK
    I think your better off without a 7.

    I've just moved from a 5S to a 6S and not very impressed.

    Too big, too heavy, not very easy to grip. A few apps don't seam to work anymore (due to the touch screen I recon)

    Is a 7 much better than a 6S ?
    • d123
    • By d123 15th Oct 16, 7:40 PM
    • 5,784 Posts
    • 3,786 Thanks
    d123
    I do a lot of business so am always obtaining / opening some kind of / credit / accounts / borrowing and so understand that personal details or answers do not necessarily need to be 100% so on the hop in the apple store i gave my answers as best i could.... the result the application was declined, I am never declined!

    A couple of days later, different email, different mobile, different bank card this time using my barclays cash card with thousands in the account and i was still DECLINED!!
    Originally posted by cressyjack
    So you went in and gave details that were probably inaccurate and got declined and then went back a few days later and gave different details and you are surprised you were declined?

    I wouldn't be surprised if you end up on the National Hunter database...
    Dave
    ====
    • cressyjack
    • By cressyjack 23rd Oct 16, 3:40 PM
    • 2 Posts
    • 1 Thanks
    cressyjack
    Like I said "I do a lot of business" and not always 100% accurate answers... this has not in the past affected the outcome as always approved or the transaction goes thru. If it did then it should of flagged up before now. Am sure the hunter database allows for people using different mobiles i.e work / personal, time spent at address give or take a month / year, different emails work / personal.
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