0% Interest Financing for Apple Products

Interest-free credit options are looking like a savvy spending option, after the Bank of England increased the UK's base rate to 1.75% on Thursday. Photo: Getty
Interest-free credit options are looking like a savvy spending option, after the Bank of England increased the UK’s base rate to 1.75% on Thursday. Photo: Getty

While interest-free credit options have been around for years, with the Bank of England increasing the UK’s base rate to 1.75%, up from an historic low of 0.1% in December, they’re suddenly looking like a savvy spending option.

With interest rates expected to rise even more, and with many brands offering up to 48 months of 0% credit, taking out this one of these deals makes financial sense.

Just make sure that you read the terms and conditions and pay back the full amount in the agreed time, otherwise the interest rates will skyrocket along with your repayments.

Read more: Bank of England announces biggest interest rate hike in 27 years

From Apple (AAPL) and John Lewis to Ikea and M&S (MKS.L), here are the brands still offering interest-free credit.

Apple

You can now buy any Apple product with 0% finance for two years.

The iconic tech brand is offering the deal in collaboration with Barclays (BARC.L) and it is only available till 11 August 2022.

Read more: Holiday scams to watch out for this summer

There is no deposit or restriction on what you buy but the minimum order needs to be £299 and you’ll pay for this in a maximum of 24 monthly instalments.

You’ll need to fill out a credit application on Barclays website, but the decision will be instant so shouldn’t hold up your purchase.