[kbolino]

There's actually a term for this: charge card. Some American Express cards still work this way (i.e., you must always pay in full on time).

[Kirby64]

No. The financing Apple is offering is typically 12 months split into 12 separate payments. That is 0% financing and not a 'charge card' style. You're still getting 11 months of delayed payments, unlike a charge card where everything is due once a month from the previous month of the card.

[kbolino]

Fair enough, I was just noting that "delayed debit card" has a proper name.