Skip to content

Coronavirus relief: The Apple Card is letting customers skip a payment with no interest

March 14, 2020
2 min read
Apple Credit Card John Gribben CREDIT CARD STILL LIFE 1
Coronavirus relief: The Apple Card is letting customers skip a payment with no interest
The cards we feature here are from partners who compensate us when you are approved through our site, and this may impact how or where these products appear. We don’t cover all available credit cards, but our analysis, reviews, and opinions are entirely from our editorial team. Terms apply to the offers listed on this page. Please view our advertising policy and product review methodology for more information.

Apple has sent out an email to its cardholders saying it will allow them to skip payments on their cards this month without penalty.

As shared via Reddit, Apple Card customers have the opportunity to skip their March monthly statement without paying additional interest. This move comes as a response to the ongoing COVID-19 outbreak, which has put many in precarious financial situations as workers are asked to stay home and childcare costs are incurred due to school closures.

a hand holds the Apple card
(Photo by Wyatt Smith /The Points Guy)

The text of the email is below:

"We're here to help. We understand that the rapidly evolving COVID-19 situation poses unique challenges for everyone and some customers may have difficulty making their monthly payments. Apple Card is committed to helping you lead a healthier financial life.
Should you need assistance, please click here to be connected to Apple Card support via Messages and enroll in our Customer Assistance Program, which will allow you to skip your March payment without incurring interest charges."

This move comes on the heels of Apple's decision to close all stores outside of China until March 27 and begin urging its corporate employees to work remotely.

While the world continues to adapt to the outbreak, companies are struggling under the onslaught of closed businesses and canceled events. Apple's decision to allow cardholders to skip a payment without penalty is quite generous and a good move on the part of the massive corporation.

For more on the coronavirus outbreak, see:

Daily Newsletter
Reward your inbox with the TPG Daily newsletter
Join over 700,000 readers for breaking news, in-depth guides and exclusive deals from TPG’s experts

Feature photo by The Points Guy.

TPG featured card

Rewards rate
5X milesEarn 5X miles on hotels, vacation rentals and rental cars booked through Capital One Travel
2X milesEarn unlimited 2X miles on every purchase, every day
Intro offer
Open Intro bonus
Enjoy a $250 travel credit & earn 75K bonus miles
Annual fee
$95
Regular APR
19.49% - 28.49% (Variable)
Recommended credit
Open Credit score description
670-850Excellent, Good

Pros

  • Stellar welcome offer of 75,000 miles after spending $4,000 on purchases in the first three months from account opening. Plus, a $250 Capital One Travel credit to use in your first cardholder year upon account opening.
  • You'll earn 2 miles per dollar on every purchase, which means you won't have to worry about memorizing bonus categories
  • Rewards are versatile and can be redeemed for a statement credit or transferred to Capital One’s transfer partners

Cons

  • Highest bonus-earning categories only on travel booked via Capital One Travel
  • LIMITED-TIME OFFER: Enjoy $250 to use on Capital One Travel in your first cardholder year, plus earn 75,000 bonus miles once you spend $4,000 on purchases within the first 3 months from account opening - that’s equal to $1,000 in travel
  • Earn unlimited 2X miles on every purchase, every day
  • Earn 5X miles on hotels, vacation rentals and rental cars booked through Capital One Travel
  • Miles won't expire for the life of the account and there's no limit to how many you can earn
  • Receive up to a $120 credit for Global Entry or TSA PreCheck®
  • Use your miles to get reimbursed for any travel purchase—or redeem by booking a trip through Capital One Travel
  • Enjoy a $50 experience credit and other premium benefits with every hotel and vacation rental booked from the Lifestyle Collection
  • Transfer your miles to your choice of 15+ travel loyalty programs
  • Top rated mobile app