Apple has introduced the Apple Upgrade program, a subscription service for renting iPhones, iPads, Apple Watches, and Macs. The service launched in the US on July 28, 2026, and replaces the previous iPhone Upgrade Program.
Users make monthly payments instead of a one-time purchase. At the end of the rental period, they can exchange the device for a new one, buy it out, or return it. The program operates through Klarna and requires approval, similar to a credit application. AppleCare+ is available as an option.
Rental terms are 12 or 24 months for iPhones and Apple Watches, and 24 or 36 months for iPads and Macs. During the initial rental, customers can trade in an old device to reduce payments. Minimum prices start at $17.99 per month for the iPhone 17e (24 months), $11.99 for the Apple Watch Series 11 (24 months), $11.99 for the iPad mini (36 months), and $24.99 for the MacBook Air (36 months). Not all models are available: iPhone 16, iPhone 16 Plus, Apple Watch SE, MacBook Neo, Mac mini, iPad (A16), and Studio Display are excluded.
Unlike the previous program, Apple Upgrade covers the entire range of Apple devices, not just the iPhone. Payments are lower than the full purchase price, but early termination, early upgrades, or buyouts incur additional fees. Apple's official website confirms that fee-free upgrades are available after the rental term, and device returns can be made via a prepaid kit or at a store.
The program is aimed at those who prefer to regularly update their devices without large upfront costs. Compared to installment purchases through Apple Card Monthly Installments or through carriers, Apple Upgrade offers a clear mechanism for upgrading to a new model without residual value concerns.
For users who want to always have the latest Apple device without the overhead of ownership, Apple Upgrade offers a convenient option with transparent terms and AppleCare+ integration.
