u/LavishSphere

I bought a new MacBook using the 12-month 0% financing option with Apple Card Monthly Installments.

At the Apple Store, I was advised to wait to trade in my old MacBook until after they transferred my data to the new one. After the transfer, I traded in the old MacBook and received the trade-in refund as a credit to my Apple Card.

I contacted support and was told that the credit cannot be applied directly to reduce the installment balance or lower my monthly payment.

Since I do not use my Apple Card for anything else, does this mean the trade-in credit will simply cover the monthly installment charges over the next few months until the credit is used up? Has anyone dealt with this before?