A ₱94,990 iPhone 18 Pro with nothing paid upfront: that is Home Credit Philippines' pitch for this year's launch, offering iPhone 18 Pro and Pro Max instalment plans at zero percent interest, zero down payment, and terms of up to 24 months — marketed at "as low as ₱137 a day" — ahead of the phones' nationwide release on October 16.
For buyers without a credit card, this is the most accessible financing route to the new iPhones. Here is what the offer actually contains, and the math to run before you sign anything.
The offer: 0% interest, zero down, up to 24 months
Home Credit opened the plans alongside Apple's Philippine pre-orders, which started October 2 at authorized resellers. The financing is available through Apple Authorized Resellers such as Beyond the Box and Power Mac Center, plus Home Credit partner stores nationwide, Technobaboy reported. The length of term you get depends on eligibility, and buyers can get pre-approved in the Home Credit App before walking into a store.
"A new iPhone launch is always one of the most anticipated moments for Filipino consumers," Home Credit Philippines chief sales officer Puneet Suneja said in Daily Tribune's report. "At Home Credit, we make it easier with clear and flexible financing options."
Does ₱137 a day add up?
By our math, using Apple's published starting price — the iPhone 18 Pro starts at ₱94,990 in the Philippines — a full 24-month plan at a true 0% works out to about ₱3,958 a month, or roughly ₱130 a day. The advertised ₱137 a day, kept up for the same 24 months, totals around ₱100,000.
The gap is small, and it may simply reflect rounding, a different storage tier, or a shorter approved term — an "as low as" figure is marketing shorthand, not your contract. The number that matters is the total contract price on the payment schedule the app shows you. At zero interest and zero down, that total should equal the phone's retail price. If it is higher, ask what the difference pays for before signing.
Who qualifies
Home Credit's own requirements page asks for: Filipino residency, age 18 to 68, a primary ID showing your current address plus a secondary ID, and a reliable income source — employment, business, pension, or remittances all count. Approval and the maximum term vary per customer. One quirk we noticed: as of this writing, that web listing still displays last year's iPhone 17 line-up, so treat the Home Credit App and partner stores as the actual route to the iPhone 18 Pro offer.
Should you take it?
If you do not have a credit card, a genuine zero-interest, zero-down plan is rare for a ₱94,990 purchase, and stretching it to 24 months keeps the daily cost low. If you do have a credit card, resellers typically run their own bank instalment promotions during launch season, so compare effective totals rather than monthly quotes.
Either way, the same discipline applies: the plan is only interest-free if every instalment lands on time, so read the late-payment charges in the contract before you commit, and confirm stock with the store — Home Credit notes availability varies. Pre-orders are open now, and nationwide availability of the iPhone 18 Pro and Pro Max starts October 16.
