Reservations will reopen at 06:00 on 17 September.
How iPhone Payments works
iPhone Payments is a financing scheme specifically for the iPhone 7 and 7 Plus. Unlike a traditional mobile contract it doesn't include a Sim or an allowance, so you'll just get the unlocked handset and then need to pair it with a separate Sim-only deal.
You'll be credit-checked and will need to be accepted for what's technically an interest-free loan though. Here's what it costs:
iPhone payment plans
Storage Upfront cost iPhone 7 iPhone 7 Plus
Monthly cost Total (over 20mths) Monthly cost Total (over 20mths)
32GB £49 £27.50/mth £599 £33.50/mth £719
128GB £49 £32.50/mth £699 £38.50/mth £819
256GB £49 £37.50/mth £799 £43.50/mth £919
To get iPhone Payments:
Reserve the model you want – you can ONLY get iPhone Payments in store. Although the iPhone 7 launches on Friday, for the time being you won't be able to pick one up at an Apple Store unless you've reserved it online. But currently Apple isn't accepting new reservations. It says it'll next be taking them from 6am on Saturday 17 Sep.
When you collect the phone, say you want to pay via iPhone Payments. You'll need to bring bank details, a valid photo ID and your current mobile plus other personal info – see Apple's website for a full list. You'll need to be a UK resident aged 18+, have a UK bank account and have lived in the UK for 3+ years.
If accepted (you should be told within five minutes), you'll pay £49 upfront and the rest in 20 monthly instalments. Your loan will be with Barclays, the finance provider behind the scheme, at 0% APR. Monthly repayments are made by direct debit. If you don't keep up with them, Barclays would take the same action as any other loan provider –