How interest is estimated??

Installments never have interest charged, as long as the minimum payment is paid each month, no interest accrues on the Apple Card Monthly Installments (ACMI).

The statement balance ( not account balance) must be paid each month in full or interest will be charged on non-ACMI purchases. This interest can be spread over several months, because interest is charged daily, once the statement balance is not paid in full.

If you’re saying, in the last 3 or 4 months you have paid the statement balance in full each, you should not be charged interest.

Please contact an Apple Card Specialist at Goldman Sachs Bank for further assistance. You may also want to write them to preserve your consumer rights. If it’s a small amount, many times GS will just waive them.

CONTACTING — Goldman Sachs Bank 

• Using Messages; chat with an Apple Card specialist

• Call toll-free at 877-255-5923

• Write to: Goldman Sachs Bank, Lockbox 6112, P.O. Box 7247, Philadelphia, PA 19170-6112.

Other than your installment plans, do you have any other charges? Are paying the statement balance each month. Are you paying by the due date (last day of month)?

You’re welcome. If you learn what’s going on, it would be great if you have time to post what GS says.