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Slated to debut connected September 20, 2024, the merchandise of the iPhone 16 is astir upon america present successful Canada. The caller iteration of the iPhone comes successful 4 variants: the iPhone 16, iPhone 16 Plus, iPhone 16 Pro, and iPhone 16 Pro Max, with prices ranging from $1,129–2,349 (all figures successful CAD).
If you person plans to get one, you’ve got an accidental to gain immoderate large rewards by utilizing the close recognition card, positive depending connected which paper you use, you whitethorn besides beryllium capable to get immoderate security sum for your iPhone for free.
In this article, let’s instrumentality a look astatine however you tin leverage your recognition cards to maximize your rewards and possibly get immoderate security benefits for your iPhone 16 purchase.
Buying an iPhone 16 Outright
Rather than queuing extracurricular an Apple Store, the easiest mode to bargain an iPhone is of people online. Plus, by buying online, you tin usage an online buying portal to accrue much rewards successful summation to those that you’ll gain with your recognition card.
Among the buying portals you tin usage for buying an iPhone done Apple.com are the following:
- Aeroplan eStore
- AIR MILES Shops
- Brim eShop (applicable to holders of Brim-issued recognition cards, including the Air France KLM World Elite Mastercard®)
By routing your online bid done the Aeroplan eStore, for example, you gain an other 1 Aeroplan constituent per dollar spent. You tin besides sometimes get bonus points erstwhile utilizing your Aeroplan co-branded card to pay, and you tin bask the portal’s occasional bonus points events.
Ideally, you tin clip your acquisition for a bonus lawsuit that offers 10x Aeroplan points.
However, support successful caput that Apple.com has a database of merchandise exclusions for online buying portals that changes often, truthful earlier making your purchase, marque definite to cheque the portal of your choosing to spot if it presently lists the caller iPhone arsenic an exclusion. The celebrated buying portal Rakuten, for example, often excludes iPhones from its currency backmost earning.
Again, the rewards you’ll gain done the online buying portals are connected apical of what you’ll gain with your recognition card; therefore, you should besides strategize which paper you’ll usage for the acquisition truthful that you tin maximize the rewards you get.
Since the iPhone is simply a comparatively ample purchase, it could beryllium rather utile successful helping you conscionable a ample minimum spending requirement for a recognition paper invited bonus.
If you’re successful the marketplace for a caller recognition card, you tin get a tally down of the invited bonuses you tin enactment connected successful our station connected the best recognition paper offers for the month.
You could besides strategize by choosing a paper that lets you gain the champion rewards. Generally speaking, electronics gain a card’s base-rate rewards (like astir different retail categories); thus, you should take a paper that has a bully baseline earning complaint for wide purchases.
For example, the TD® Aeroplan® Visa Infinite Privilege* Card earns 1.25 Aeroplan points per dollar spent on retail purchases. Alternatively, see the Business Platinum Card from American Express, which earns 1.25 Membership Rewards points per dollar spent, oregon the RBC® Avion Visa Infinite Privilege†, which earns 1.25 Avion points per dollar spent.
Another anticipation you mightiness beryllium entertaining is buying an iPhone abroad. Indeed, iPhone pricing varies by country, and owing to speech rates, competition, and different factors, countries similar Japan and South Korea often merchantability them for cheaper.
iPhone pricing varies by countryBuying successful the US, meanwhile, lets you instrumentality vantage of a little income taxation than astir jurisdictions successful Canada.
Regardless of which overseas state you take to bargain in, you indispensable usage a card that doesn’t levy the accustomed 2.5% overseas transaction fee to genuinely recognize your savings.
Two cards that connection nary overseas transaction fees are the Scotiabank Passport® Visa Infinite* Card and the Scotiabank Gold American Express® Card – some of which gain 1 Scene+ constituent per dollar spent connected wide purchases, which is connected apical of the savings you’ll bask from not paying the overseas transaction fee.
Plus, some cards typically connection a invited bonus with a debased minimum spending request of astir $1,000, truthful by buying the iPhone overseas with either card, you’ll already person earned a tidy sum of Scene+ points that you tin usage to offset your question expenses.
Buying an iPhone 16 arsenic Part of a Phone Plan
Canadian carriers volition each soon connection iPhone plans successful lockstep fashion. In presumption of offers for the wide public, they’ll effort to lucifer what each different bearer is doing; however, if you’ve already been with a bearer for a agelong time, you mightiness suffice for a retention connection that you tin leverage astir the caller iPhone.
The champion mode to spell astir mounting up a bully telephone program for the iPhone 16 is to inquire your existent supplier for the champion woody they tin supply you, and past inquire the competing providers what they tin offer, citing what was offered by your existent provider.
An iPhone plan, similar different telephone plans, is structured specified that the rebated outgo of the telephone is breached down into monthly installments which you wage alongside the monthly work cost.
Since your payments volition beryllium billed monthly, you won’t person a lump-sum complaint to your recognition card, truthful the acquisition won’t spell acold to fulfill a minimum spending request for a invited bonus. However, since your telecom program is charged arsenic monthly recurring payments, determination inactive are ways to continuously gain invaluable rewards.
Several Canadian recognition cards connection elevated earning rates connected recurring measure payments, specified arsenic your telephone bill, truthful determination are ways to crook this monthly disbursal into immoderate decent rewards.
We’ve written a usher to the best recognition cards for recurring measure payments, and you tin cheque it retired to find the champion enactment for you. For this article, we’ll look astatine a mates cards from this database that would beryllium bully choices to usage erstwhile buying an iPhone arsenic portion of a telephone plan.
The archetypal 1 is simply a precise on-brand choice: the no-fee Rogers Red World Elite® Mastercard®. This paper earns 2% currency backmost connected each purchases, including recurring measure payments, if you’re a Rogers, Fido, oregon Shaw customer.
As a cardholder, you tin besides acquisition a caller telephone with a 0% involvement complaint done the Equal Payment Plan.
What’s more, you’ll person 50% much worth if you use your accumulated currency backmost to Rogers, Fido, oregon Shaw purchases, which includes monthly bills. This means if you’ve already accumulated $70 successful currency backmost and you use it to your iPhone bill, you’ll get a $105 recognition connected your statement.
Another paper worthy considering is the Scotia Momentum® Visa Infinite* Card, which provides 4% currency backmost connected each recurring measure payments.
The paper besides typically comes with a invited bonus of an elevated currency backmost rate, often 10% currency backmost up to a definite dollar amount. By utilizing this card, the currency backmost you gain could past beryllium utilized to assistance you with your monthly payments.
Additionally and importantly, this paper comes with invaluable mobile instrumentality insurance that tin assistance you not lone person immoderate bid of caput but besides prevention immoderate money, arsenic we’ll item below.
Credit Card Insurance Benefits Applicable to a New iPhone
Using the close recognition paper to bargain your caller iPhone not lone lets you gain rewards and savings, but you could besides bask free security coverage that tin supply immoderate bid of mind.
Given its hefty terms tag, marque definite your iPhone is insuredThere are 3 applicable security benefits that whitethorn travel with your recognition card: purchase security, extended protection/warranty, and mobile instrumentality insurance.
Purchase Security Insurance
Typical recognition paper acquisition information security wording is arsenic follows:
Purchase information sum automatically, and without registration, protects astir caller insured items purchased anyplace successful the satellite for 90 days from the day of acquisition successful the lawsuit of loss, theft, oregon harm successful excess of different insurance, provided the afloat acquisition terms is charged to the account.
If an insured point is lost, stolen oregon damaged, you volition beryllium reimbursed the lesser of the repair oregon replacement cost, not exceeding the archetypal acquisition terms charged to the account.
The item that needs to beryllium emphasized from the supra is that you indispensable complaint the full lump-sum outgo of the telephone to the paper successful bid to person acquisition information coverage. Thus, this payment won’t use if you bargain the iPhone arsenic portion of a telephone program since you’ll beryllium breaking its outgo into monthly installments alternatively than paying for it each astatine once.
That said, determination are cards that bash supply this sum adjacent erstwhile you’ve lone paid a information of the iPhone with the card. One specified paper is the Air France KLM World Elite Mastercard® – though if the telephone gets mislaid oregon stolen, you’ll lone beryllium reimbursed for the information paid for with the card.
Purchase information security is simply a diagnostic of astir recognition cards, adjacent lower-tier cards; however, policies alteration by maximum liability limit, truthful successful choosing which paper to usage for your iPhone, marque definite to work the details of its security policy.
Extended Warranty
Extended warranty benefits usually work arsenic follows:
Extended warranty sum provides the cardmember with treble the play of repair services different provided by the archetypal manufacturer’s warranty, to a maximum of 1 further year, connected astir insured items purchased anyplace successful the satellite erstwhile the afloat acquisition terms is charged to the account.
Extended warranty benefits are constricted to the lesser of the repair outgo and the archetypal acquisition terms charged to the account.
iPhones travel with a one-year constricted warranty from Apple, and your card’s extended warranty payment volition treble that.
However, Apple’s constricted warranty lone covers inherent defects with the merchandise and not accidental damage, specified arsenic cracked screens. Therefore, you mightiness besides request extended warranty protection, specified arsenic AppleCare+ oregon a akin work offered by your mobile provider.
Alternatively, you tin usage a recognition paper with tailored mobile instrumentality protection, which we’ll item successful the conception below.
Coupled with acquisition protection, extended warranty is simply a diagnostic of astir recognition cards, including lower-tier cards.
But carnivore successful caput that the paper indispensable beryllium successful bully lasting to continuously suffice for this coverage, truthful marque definite you’re charging your iPhone to a paper you mean to support until the extended warranty expires and beryllium definite to wage your monthly statements connected time.
Mobile Device Insurance
As the sanction suggests, mobile instrumentality insurance is sum tailored for mobile phones. Usual policies work arsenic follows:
If a mobile instrumentality is lost, stolen oregon suffers a mechanical breakdown oregon accidental damage, the insurer volition reimburse you the lesser of its repair oregon replacement cost, not exceeding the depreciated worth of your mobile instrumentality astatine day of loss, little the deductible, to a maximum of $1,000.
Typically, to suffice for this security you indispensable either complaint the afloat magnitude of the telephone oregon your monthly program payments to the card.
As stated above, this security covers mechanical breakdown oregon accidental damage, specified arsenic h2o damage, truthful this is much comparable to an extended warranty similar AppleCare+. This payment truthful saves you immoderate wealth if you garbage different extended warranty plans.
However, the duration of sum varies by recognition card, truthful earlier choosing a recognition paper to use, work your cards’ security policies to recognize what is and isn’t covered, and for however long.
Mobile instrumentality security is simply a niche payment being offered lone by a subset of cards, with a fewer standout cards being the Scotia Momentum® Visa Infinite* Card, American Express Cobalt Card, the RBC® Avion Visa Infinite†, and the Air France KLM Flying Blue World Elite Mastercard®.
Conclusion
Buying an iPhone 16 presents an accidental for you to gain invaluable rewards – whether you bargain the telephone outright oregon arsenic portion of a telephone plan. Either way, you’ll gain miles, points, oregon currency backmost connected the charges made to your card.
With the close recognition card, you’ll besides get entree to applicable insurance benefits, giving you bid of caput and perchance redeeming you immoderate wealth arsenic well.
Now, the cardinal to each this is to take the close paper for the purchase. You tin research the benefits disposable successful your existent recognition paper portfolio, oregon you tin use for a caller paper from the ones we’ve recommended supra to gain a juicy invited bonus arsenic well.
Enjoy your iPhone 16!
English (US) ·