If your questions are not answered by this post, use the ASK button in the top right to tell us what’s missing!
Although Credit Card Insider does receive compensation from some card issuers as advertisers, this does not in any way influence our overall judgement of a card, or how one card is compared to another. Barclaycard and Apple have not endorsed this content in any way.
Learn more about how we rate credit and charge cards.
The Barclaycard Visa with Apple Rewards Credit Card is meant to help you pay for your next big purchase from Apple, giving you time to pay it off at no interest.
There are several financing deals available depending on how much you need to spend. You’ll also earn points for every purchase you make, especially at Apple.
This credit card is more complicated than most, with some special terms and instructions you’ll need to know. But if you follow our guidelines and plan ahead, this card should be a valuable way to help you get that new laptop, monitor, or whatever you have your eye on.
Keep reading to learn more about this card, and find out how you can get the most out of it without paying extra.
Where Can I Use the Apple Rewards Card?
You can use this card anywhere Visa is accepted, which is pretty much everywhere.
But it will be best to only use this card for a big purchase at Apple, rather than for general spending. Check out the next section to learn why.
The Financing Offer
This card comes with a special financing offer, letting you pay off large purchases over time at no interest.
This 0% APR financing is only available for purchases made within the first 30 days. This means the card is best used to make a large purchase quickly, and then simply put it away and pay it off without making more purchases.
The promotional 0% APR period you get will depend on how much money you spend:
- under $498: 6 months
- $499 – $998: 12 months
- $999 and over: 18 months
So the more you spend, the longer you’ll have to pay it off.
Take note that this offer includes deferred interest. This means that if you don’t pay off the entire balance by the end of the promotional period, you’ll be charged interest going all the way back to the purchase date.
This will add up to a whole lot of interest, especially if you’re buying a more expensive computer. So be sure to keep an eye on your remaining balance and the time you have to pay it off, and remember that just paying the minimum payment probably won’t be enough.
One good strategy would be to take your balance and divide it by the number of months you have to pay it off: this will tell you how much you need to pay each month to get down to $0 in time. It’s also a good idea to try to pay it off early, just in case things don’t go exactly according to plan.
This card also lets you earn points for every dollar you spend, a pretty rare find on a card with promotional financing deals. You’ll earn:
- 3X points per dollar at the Apple Store
- 2X points per dollar at restaurants
- 1X point per dollar on all other purchases
- Every 2,500 points earns a $25 Apple or iTunes gift card
You’ll earn points on your big, financed Apple purchase too. At the 3X rate, every $833.33 you spend at Apple will earn you one of those $25 gift cards.
Since this card’s 0% APR offer only applies to Apple purchases in the first 30 days, it will be best to only use it at Apple during that period. The 2X points at restaurants seems like a nice gesture, but that’s not really what this card is meant for.
If you end up using this card outside of that 30-day period at Apple, you won’t have the 0% intro APR period. Instead you’ll be charged interest on those purchases starting that month.
Remember that you can avoid interest charges by paying off those purchases in full by the end of the billing period.
When you’re approved, you’ll receive either a Visa Platinum or Visa Signature version of this card. The version you get will depend on your credit and your financial status.
Signature is the higher level, providing more valuable benefits and features. The following benefits may come with both cards unless otherwise noted. Check your card’s Guide to Benefits to learn exactly what is available with your card.
Visa Signature Fine Wine & Food
Invitations to exclusive dining events and wine tastings, as well as discounts at restaurants and gourmet retailers.
Visa Signature Concierge
A 24/7 personal assistant you can call for help with travel plans and reservations, shopping, and more (Visa Signature only).
Visa Signature Entertainment Services
Includes special offers for entertainment, sporting events, and certain purchases. (Visa Signature only).
Visa Signature Travel
Special deals and discounts on hotels, car rentals, cruises, and more. (Visa Signature only).
Zero Liability Protection
You won’t be held responsible for fraudulent transactions. Contact customer service immediately.
Extends a manufacturer’s warranty on eligible purchases.
Travel and Emergency Assistance Services
Provides help getting in touch with emergency services, no matter where you might be.
Auto Rental Collision Damage Waiver
Provides coverage against damage and theft of rented vehicles (must decline the rental company’s own insurance).
24/7 toll-free referral for help finding services like towing, tire change, fuel delivery, etc.
The Costs & Fees
|Annual Fee||0% Intro APR||Purchase APR||Balance Transfer APR||Cash Advance APR||Foreign Transaction Fee|
|$0||See the promotional financing terms above||14.24%, 20.24% or 27.24% *Variable||14.24%, 20.24% or 27.24% *Variable||27.49% *Variable||3%|
|Penalty APR||Late Fee||Returned Payment Fee|
|See Terms||Up to $37||Up to $37|
This card is best used for the promotional financing offer described above. But there are a few things you’ll need to keep in mind to use this card correctly and get the most out of it, without getting burned.
Remember that this card has deferred interest, which means that if you don’t pay off the entire purchase you finance, you’ll be charged interest going all the way back to the purchase date.
Not only that, you could potentially lose your promotional period if you make a late payment. So set up the autopay feature to always make at least the minimum payment each month.
You can use this card to make purchases anywhere you’d like, but unless you use the promotional financing offer at Apple you’ll start accruing interest on your purchases immediately.
Just pay off those purchases in full each billing period to avoid interest charges, making this card as cheap to use as possible (preferably free!).
The Bottom Line: 4 out of 5 Stars
The Barclaycard Visa with Apple Rewards Credit Card is a great way to finance a big purchase from Apple, giving you time to pay it off at no interest.
There are a few terms with this card that could be quite tricky, so here are the main points to remember:
- Use this card for the 0% APR financing at Apple during the first 30 days
- Don’t use this card to buy anything else! Just put it away in a safe spot (not your wallet or purse)
- Set up autopay for at least the minimum payment, so you never miss a month
- Divide your balance by the number of months you get for financing; that’s how much you need to pay each month to be done in time
- Remember that you can use your card benefits at any time
As long as you follow those guidelines and use this card responsibly, you should be all set to pay off your purchase safely.
We gave this card 4 out of 5 Stars because it’s designed to do one thing, and it does it well. You can make one big purchase from Apple, like a desktop or laptop, and you’ll have at least 6 months to pay it off at no interest. Just use it for that purpose, and it will serve you well. This card loses a star because of the deferred interest and because you can lose your promotional period if you make a late payment, but these are pretty typical terms on financing deals like these.
Applying for the Barclaycard Visa with Apple Rewards
When you’re approved for this card, you’ll be given instructions on how to use it to finance a purchase from Apple. You’ll be able to use the card as soon as you’re approved, and approvals often take less than a minute. You can also apply for this card in-store.
Want to learn more or apply for this card? Just click the name below.
Was this review helpful to you? Go ahead and share it with a friend! And if you use the Barclaycard Visa with Apple Rewards, click here to leave your own review, we’d love to hear from you!