When is the new Apple Upgrade program launching?

The new Apple Upgrade program is reportedly launching on **July 28**.

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Apple reportedly ending iPhone Upgrade Program

Apple is reportedly planning to wind down its existing iPhone Upgrade Program as it prepares to launch a new "Apple Upgrade" leasing program next week. The current iPhone Upgrade Program, powered by Citizens One, offers monthly payments and the option to upgrade to a new iPhone after 12 months with 0% APR financing, including AppleCare coverage.

According to Bloomberg's Mark Gurman, new enrollments for the iPhone Upgrade Program and standard financing will be discontinued with the launch of Apple Upgrade. The new program is expected to launch on July 28 in partnership with Klarna. Details on how this transition will affect existing iPhone Upgrade Program members remain unclear, but further information is anticipated around the launch date.

Apple's current offerings include the iPhone Upgrade Program and "Apple iPhone Payments," also backed by Citizens One, which allows 24-month financing without a built-in upgrade option. The new Apple Upgrade program is positioned to replace these existing payment structures.