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With the cost of a new Apple iPhone costing as much if not more than rent or a monthly mortgage payment, most people prefer to make payments on a new iPhone instead of fork over the full amount at once.
If you are fortunate to be able to afford to pay full price all at once, check out how to save on Apple purchases. And if not, here is a list of stores that all offer deferred billing so you can buy an iPhone now and pay for it later with installment payment plans.
Best Buy – The My Best Buy Credit Card offers flexible financing options on purchases $199 and up. Or you can finance your iPhone directly through your wireless carrier on the Best Buy website and choose to pick up in store or have the phone shipped to you. The participating carrier deferred billing plans include AT&T Installment Plan, Verizon Device Payments and Sprint Flex Lease.
Overstock – They sell unlocked Apple iPhones so they can be used with any carrier. If you have a PayPal account, you can choose PayPal Credit at checkout to make monthly payments. Make no payments and pay no interest paid in full in 6 or 9 months. Or pay no interest if paid in full in 6, 12 or 18 months (minimum monthly payments required).
Rakuten – They also sell unlocked iPhones and accept PayPal Credit (see above).
Verizon – If you are a new customer (you can transfer from AT&T or another carrier and keep the same phone number) or already a Verizon customer and eligible for an upgrade, you can make 24 monthly payments with 9% APR on a new iPhone.
Home Shopping Network – Use Flex Pay to break your purchase amount into 5 payments with no fees or interest. You'll have to check back periodically as soon as iPhones are in stock, they sell out fast.