Apple expanded its Apple Card purchasing program today to offer interest-free monthly installments for Macs and iPads. At checkout you can now choose 12 monthly payments instead of paying all at once as long as you are using your Apple Card. And the final amount would be the same as a one-time payment.
Previous Apple offered this for the iPhone. In addition, 6-month plans are available for Apple TV, HomePod and AirPods. This makes it easy for Apple to leverage the Apple Card as a payment plan option, without having to create a special separate program. Even with the monthly payments, 3% cash back is still given for these purchases.