Just in the past three days, the card accepted at store.apple.com for 12 months 0% interest has changed names or companies. It used to be JUNIPER, and it now says Barclaycard. The other day, we called an Apple store and asked them about the card, and they said they were in a transition and mentioned that you could use the card to make a purchase at the Apple store to qualify for the 12 months 0% interest. We are waiting for card approval, as we applied during this transition time. I just thought I would point this out, as this transition happened kind of quietly!
D Also, does anyone remember being able to use the card at a retail store for 12 months 0% interest, or did it use to work only online? Click to expand.This is not a bank card in the sense of a checking account. Your questions are also cause for me to believe that you should not apply for this card or any card.
You appear to be young and uninformed about credit or just uninformed overall. This is a real life credit card. Grown ups apply for the card, they're either granted or rejected for credit. If they're granted credit approval they will be given a limit on the card. The card comes in the mail and you then begin using it and paying it off each month or elect to let them bend you over and pay it off in installments. That is why this is called installment debt.
You can charge up as much as the card lets you then make minimum monthly installments. You will soon pay off the card but the amount of money you would have paid would exceed the original purchase price for the item because they charge you interest. You cannot deposit money into anything to give you a higher limit. If you want to do that then either open a bank account or apply for a secured credit card. Secured credit card limits are set by the amount of money you deposit. The Barclay aka Juniper Visa is a credit card that Apple has agreed to endorse to allow people to buy now and pay later. A couple years ago I reported Apple to the Better Business Burrow.
I applied for a loan for a new Mac from their site. It never said that what I was applying for was a credit card. I thought I was applying for the mac like you apply for a car loan. After a minute it came back and said Congratulations, you qualified for accredit card from Juniper for $1500 and the card was going to be mailed to me. That was half the cost of the Mac and I did not want another CC. So I called the company and canceled the card the next day. It was not right for Apple/Juniper to trick people like that.
You would never go for a car loan and qualify for 1/2 the car price. A couple years ago I reported Apple to the Better Business Burrow. I applied for a loan for a new Mac from their site. It never said that what I was applying for was a credit card. I thought I was applying for the mac like you apply for a car loan. After a minute it came back and said Congratulations, you qualified for accredit card from Juniper for $1500 and the card was going to be mailed to me. That was half the cost of the Mac and I did not want another CC.
So I called the company and canceled the card the next day. It was not right for Apple/Juniper to trick people like that. You would never go for a car loan and qualify for 1/2 the car price. Click to expand.To cancel a credit card only a year later and then reapply for another one immediately following is going to look awful on your credit report/score. I would advise against this.
Odds are you won't be approved the second time around when they look and see you've just canceled a card. I have two credit cards that I've had for years each as well as a line of credit at NewEgg.
Even with my good credit score I hesitate to apply for the Barclay card to finance a new Apple, let alone getting one and canceling it following the first year. I've read a lot on the internet re: the Barclaycard, especially with the Apple shipping policies, so I called today before making my Macbook purchase to doublecheck that everything in my order would be counted toward the 12 months same-as-cash. The customer service rep said that it had nothing to do with Apple's shipping- anything bought within the same day (though I'd stick to one apple.com session, to be safe) would be invoiced together, regardless of how Apple ships it. It doesn't matter if you buy software and the Mac and it ships separately, as long as they were bought together and the total is more than $900, it qualifies for the financing deal. The Barclaycard.com website also has automatic payments, online bill pay, etc.
So if you set it up to pull automatically from your debit card or whatever, there's really no reason you should ever miss payments or due dates and screw yourself over. Apple financing may not be for everyone- I'm just buying now because my current laptop is on the fritz and I know I have refunds from the school coming in January to pay it off. But I just thought I'd share that Barclay was super helpful (mash 0 until you get a real person) and that it's not as scary as it sounds.