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Apple Upgrade

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Apple Upgrade might’ve provided our first hint for what could change with Apple Card

This week, Apple launched Apple Upgrade, its new leasing program for most Apple products. It replaces the iPhone Upgrade Program entirely, and for the most part, it’s an incredible deal.

The deal is so good that largely, there isn’t a great reason to use Apple Card Monthly Installments (ACMI) anymore. You still get 3% cash back using Apple Upgrade, similar to ACMI – and the leasing terms are a lot more generous than ACMI. You also don’t have to lease forever. At the end, you can purchase the device by paying the difference between the leasing cost and the MSRP.

So, it’s left me wondering – will Apple Card Monthly Installments go away?

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Here’s how to avoid being trapped in never-ending Apple Upgrade leases

Here's how to avoid being trapped in never-ending Apple Upgrade leases | Image shows a colourful spiral against a black background

Apple today officially announced its Apple Upgrade leasing program, and it works in the way we expected. While it does make products more affordable on a monthly basis, it leaves people at risk of being trapped into a never-ending lease cycle.

That’s because, unlike the iPhone Upgrade Program it partly replaces, you don’t own the device outright at the end of the term …

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