I think the OP is referring to the financing options available for larger hardware purchases, which is separate from this program.
I bought my M1 MBP using the financing they offer and it was 24 months, no interest, _and_ you do get the 3% back immediately upon purchase. They also set up the payment plan for you so you do not have to worry about missing a payment and getting charged interest you were intentionally avoiding.
It's a great option if you are on top of your finances, but the point remains that it can easily be used to live outside of your means.
I bought my M1 MBP using the financing they offer and it was 24 months, no interest, _and_ you do get the 3% back immediately upon purchase. They also set up the payment plan for you so you do not have to worry about missing a payment and getting charged interest you were intentionally avoiding.
It's a great option if you are on top of your finances, but the point remains that it can easily be used to live outside of your means.