Is it just us or has this been a loooong month? Having to reign in our shopping habit has been really difficult, so we’ve found a way to never do it again! Many of the UK’s biggest retailers offer buy now, pay later options, so from a cheeky wardrobe update to bigger investments (hello new TV!), deferred payments can provide your purse some much-needed breathing room – just read the T&Cs.
Chief Executive of Citizens Advice, Gillian Guy, advises: “Buy now, pay later deals help people spread the costs of purchases but it’s vital customers understand what will happen if they don’t repay on time.” So read up, look around and get shopping, guilt-free!
Retailers that will let you buy now, pay later
If Topshop regularly takes a hefty portion of your monthly income, their ingenious buy now, pay in 3 months option will be a god send. Simply apply online and once approved, click the Buy Now Pay Later choice at the checkout on orders over £40 or more. With no interest charged for 3 months, managing your payments should be a doddle. Read more details here.
ASOS now let you try before you buy, with their brand new buy now pay later scheme. That means you can order whatever you want off the website, and only pay for the things you decide to keep. You just need to download the ASOS app onto your phone, and be at least 18 years of age, with an email, mobile number and UK residential address.
Then when you get your delivery, try everything on and send whatever you don’t want back, within 30 days of purchase. You’ll be charged (no interest or fees) through Klarna Pay Later for everything you keep, and payment has to be received within the 30 days.
With payment options ranging from as little as £50 over 3 months to £499 over 12 months, the Argos card allows you to make big purchases with a little breathing room. You can apply for the card straight away online, approval takes only moments and you’ll receive your card within 10 days, so that new TV you’ve had your eye on? It’s yours. And what’s even better, their ‘My Argos Card’ app allows you to keep track of your payments and interest at all times. Find full details here.
If you shop at Amazon UK as often as you check Facebook (and who doesn’t!), you could find their Pay Monthly option a game-changer. Offering loans on orders totalling £400 or more, which can then be repaid in instalments, no deposit is required and the first payment won’t be due until 30 days afterthe dispatch date of your order. Sounds great huh? Read about the restrictions here and find more details here.
Desperate for a new iPhone, iPad or MacBook? Apple is here to help with cost-spreading finance options. For a minimum order of £399, you can choose to spread your payments over 24, 36 and 48 months, with monthly payments as low as £10.88! Read more and calculate your potential payments here, and don’t forget to read their terms and conditions.
New Look has been seriously upping their style game as of late, so we’re pretty excited about the thought of a spending spree without the sting. How is this possible you ask? By taking out a New Look Card; simply apply online and once approved, you can start shopping straight away! Purchases of £50 or more are interest and payment free, and a minimum payment of 3.65% of the outstanding balance plus fees per month is necessary after that. Read the details here.
The Swedish giants actually offer two ways to buy now and pay later! For short-term payment relief, you can purchase and have an invoice sent to your email with payment information that you then pay within 20 days. Or there’s the option to pay next month, where whatever purchases made in one month are added to a statement and you’re able to pay off the following month for a minor fee of £1.25. Find out more here.
With a minimum spend of £1,000 (stretching all the way up to £25,000!), John Lewis’ interest-free credit options are perfect for those big ‘life’ moments. With payments made over 1 or 2 years, and the option to pay your outstanding balance early without penalty, good old John Lewis has come through once again. Read more details here.
One of the world’s most widely used payment systems, did you know PayPal also offer a buy now pay later option? Called PayPal Credit, you apply online and once approved, will receive 0% interest for 4 months on paying back purchases over £150. But the best part? The offer never expires; you’ll receive the same 0% for 4 months with every £150 spend. How. good. is. that. Read all about the terms and conditions here.
Using the same financial providers as Topshop, Klarna Credit, Miss Selfridge offer a flexible buy now pay later option which couldn’t be simpler. Simply apply for the credit, use the Buy Now, Pay Later option at the checkout and delay your payments, interest-free. Then at the end of your payment period, either pay off in full interest-free or begin paying low monthly installments with interest – it’s up to you! Find out more here.