13 months ago Microsoft launched Surface Plus, a financing/subscription program geared towards students and business customers.
With Surface Plus, customers in the United States could buy any of the latest Surface devices with a 24-month payment plan at an APR of only 0%. Once you buy a Surface device with Surface Plus, you could choose to upgrade to the latest Surface device after 1 and a half years of usage as long as it’s in good condition. There was a catch, however — after 2 years, the APR went to 19.99%.
It seems consumers were not enamoured with the plan, as Microsoft has now announced the closure of the program to new subscribers.
In an FAQ, Microsoft explains:
After much thought and consideration, Microsoft has decided to end new enrollment into the Surface Plus Program, financed by Klarna, starting August 31, 2018. For existing Surface Plus customers, please see the FAQs below and the Surface Plus Program terms and conditions.
Microsoft does not explain the motivation for the change, but we have not heard of a great groundswell of users purchasing their PCs using this method, which seems more suitable to phones, either.
The Surface Plus for Business program still appears to be open and will let businesses users purchase the latest Surface devices in 18, 24, or 30 month periods. Businesses also will be able to upgrade their devices just after one year if they opt for the 24-month payment plan or after 17 months if they opt for the longer 30-month payment plan. Surface Plus for Business will also let businesses get Office 365 for Business with an additional $8.25 per user per month. If you want to take advantage it may be a good idea to grab while the going is good.