Yes, a credit card is required for iPhone installment payment.
1. Installment payment on Apple’s official website uses credit cards, not debit cards. However, installment payments can only be made if the credit card limit can be paid in full. At the same time, the installment payment on Apple’s official website also supports fancy installment payments. After the application is successful, the bank will automatically deduct the money regularly. Users only need to pay their credit card bills on time.
2. Installment purchases on Apple’s official website require a credit card, because only credit cards can be used for installment purchases. The debit card is for full payment and does not have an installment feature. In addition, to purchase Apple products, you do not have to purchase them on the official website. You can also buy on JD.com, Tmall, Taobao and other platforms. In addition, JD.com can use JD Baitiao to pay in installments, and Tmall and Taobao can use Huabai to pay in installments without a credit card. Note that when purchasing Apple products in installments on JD.com, Taobao and other platforms, you need to have sufficient funds. For example, if you purchase 8000 items, your amount needs to be 8000 or above. One time deduction and repayment in installments.
Instalment payment is a transaction payment method commonly used by modern people. Many times, we want to buy a product or enjoy a service, but we don't have enough money for the time being. We can transfer the payment pressure to later stages by paying in installments. First, we should determine the amount of funds we need. If you need a small amount of money, you can choose some loan platforms with lower amounts. If you need more funds, you can focus on platforms with higher loan amounts. Secondly, we should also consider the number of installments we want. Currently, the repayment period of most loan platforms on the market is 3 months to 3 years. The most important point is that we should choose some formal big brands. The loan products launched by formal platforms will be more reliable and formal.
If you use a credit card to pay in installments on Apple's official website, the system will deduct the payment amount of the Apple phone from the available credit card limit in one go. After that, users can repay on time according to the number of installments. In addition, Apple’s official website has a cooperative relationship with China Merchants Bank. Pay by installment directly with China Merchants Bank and enjoy interest-free discounts. If you pay by other methods, you need to pay the entire amount in one go. There is no interest-free period, and you must pay in real time on Apple's official website.