Purchasing an iMac on credit

[rosemary03]

Hi all,

I am new to the credit system. I would like to know where it would be easiest to buy an iMac on a monthly payment plan. I do not want to buy it straight away cause I do not have the cash?

Thanks

 

[bwana]

FNB sells iMacs iirc.

 

[wezzcoetzee]

if you have a discovery credit card you can get stuff from the istore on credit, interest free, over 12 months. Must be between R1 and R24999 though

 

[Bismuth]

Just know that you will probably be paying for 2 or 3 iMacs at the end of the day if you take it on credit.

FNB is probably the best option here. But do you need the IMac right now, can't you save and buy it cash? Then again, the iDevices are not cheap, so you will probably need to save for about 100yrs, and even then it won't be enough, heh.

Oh, and welcome to MYBB!

B

 

[Rishalin]

+1 for FNB.. maybe wait for the new retina iMac..

 

[DrJohnZoidberg]

Fnb is probably the best option. I got my iPad, MBA and a mbp through them.

 

[krycor]

Fnb is probably the best option. I got my iPad, MBA and a mbp through them.

yup, got my mbpr + ipad air via them, quick walk in and out with it if you bank with them and qualified for it. Cost wise its like contract phones without airtime.. still works out to just over the cost of the device tho so not too bad.

PS. i don't understand banks currently.. you would think that if you have smart devices (2 +or 3+) or a multi year loan they'd be inclined to absorb the monthly fee or part of it due to knowing you bank with them for x yrs to service the credit. Kinda weird how in SA our banks dont do these things..

PS. Discovery (if you have a discovery card) has a 12 month interest free period on iStore online purchases, FNB has smart devices which over 24 month terms (basically also interest free/precalculated)

 

[DrJohnZoidberg]

Getting my new MBP today actually

 

[BrrIan]

The monthly account fee is the interest.

 

[shanezn]

The monthly account fee is the interest.

If you bank with FNB, you're paying the account fee anyway, whether you make use of this service or not. That's not really a valid way to look at it.

+1 for the FNB route. It is the best option at the moment for monthly payments on these devices.

 

[$m@Rt@$$]

Gotten 2 things from FNB, my MacBook and my Xbox One. Epic service from them.

 

[BrrIan]

They don't have the iMac there now.

That's not really a valid way to look at it.

It's very valid for me. Until they changed the rules last month they required me to take an option that cost about R100 per month. That is an extra R2400 for 24 months.

 

[shanezn]

It's very valid for me. Until they changed the rules last month they required me to take an option that cost about R100 per month. That is an extra R2400 for 24 months.

Ok, for Gold and Platinum account holders, this is a non issue and still the most viable option for buying a Mac on credit.

 

[SauRoNZA]

Ok, for Gold and Platinum account holders, this is a non issue and still the most viable option for buying a Mac on credit.

But if you have a Gold or Platinum...why would you need credit to buy an iMac?

 

[Priapus]

Got my 21" iMac from FNB a few months back.

 

[Priapus]

But if you have a Gold or Platinum...why would you need credit to buy an iMac?

What a horrible assumption to make...

 

[SauRoNZA]

What a horrible assumption to make...

Actually not an assumption, more of a social commentary on the state of the world.

People living in perpetual credit the more money they make.

Make more, spend more.

 

[shanezn]

But if you have a Gold or Platinum...why would you need credit to buy an iMac?

Because some people (myself included) don't just work to support themselves and their lifestyle. We have a family to think of and provide for, so the option of paying for something we want on a monthly basis vs. shelling out one huge cash investment makes more sense and allows for better more manageable budgeting. Just because someone has a Gold or Platinum card doesn't mean they just have piles of cash lying around. I'm not ashamed to admit I'm a perfect example.

 

[zippy]

Because some people (myself included) don't just work to support themselves and their lifestyle. We have a family to think of and provide for, so the option of paying for something we want on a monthly basis vs. shelling out one huge cash investment makes more sense and allows for better more manageable budgeting. Just because someone has a Gold or Platinum card doesn't mean they just have piles of cash lying around. I'm not ashamed to admit I'm a perfect example.

Save up first, then pay cash. Its cheaper. No finance charges. If you are willing to make monthly payments, save monthly first

I have a running "save for stuff" budgeted amount I put away every month. So whenever I want something, I use that cash. If I have no cash. I wait until I have cash. No reason to make the those damned banks any richer than they already are

 

[shanezn]

Save up first, then pay cash. Its cheaper. No finance charges. If you are willing to make monthly payments, save monthly first

I have a running "save for stuff" budgeted amount I put away every month. So whenever I want something, I use that cash. If I have no cash. I wait until I have cash. No reason to make the those damned banks any richer than they already are

Valid point, but I'm sure if cash was an option for the OP, this thread wouldn't exist
As an option for monthly payments, FNB is still the best deal out there.

For example, the MD101 MacBook Pro is R620pm x24 months, which equates to R14880.
At most retailers, the price is around the R15k mark, so it's not really costing someone any more money by paying it off monthly if they already bank with FNB.