Does Best Buy Have Layaway In 2022? (All You Need To Know)

Some customers may not have all the funds they need to get the items that they are looking for. This is when layaway becomes a viable option.

With Best Buy providing a wide variety of high-quality electronics, most customers often find themselves inquiring, does Best Buy have layaways? Read on to find out if it does!

Best Buy will offer a layaway program in 2022

Best Buy no longer offers layaway, as of 2022. Best Buy does not offer customers layaways but offers alternative financing methods such as the use of Best Buy credit cards and lease-to-own options. Therefore, customers have options to select payment methods that do not require cash 100%.

Best Buy is not authorized to offer layaway in-store and online. They do however provide alternative financing options, as they are not able to allow customers to use layaways for items purchased.

Instead of laying away, customers have the option to lease an item or use Best Buy’s credit card to purchase what they need.

Progressive leases allow you to purchase an item and make monthly payments of up to twelve months.

Progressive Leasing is a way to comfortably purchase an item after you pay the monthly installments.

Another alternative to financing your purchase is the My Best Buy Credit Card, which allows you credit purchases at Best Buy.

Best Buy’s credit card and lease-to buy options are only available after a completed application has been accepted.

Do you qualify for financing at Best Buy even if your credit score is not good?

Yes, you can finance items at Best Buy with no credit.

Best Buy offers no layaways. Customers can however finance their purchases using Best Buy’s Progressive Leasing.

For you to enjoy Best Buy’s Progressive Leasing platform, you will have to send an application for review and approval by Best Buy employees.

Best Buy will usually respond immediately to every applicant to let them understand if the application was accepted.

Applicants must have active checking accounts, a routing number, and be 18 years of age or more.

The customer will be subject to both a 12-month term agreement and low-recurring payments once the application has been approved.

Best Buy customers can earn Progressive Leasing Rewards if they buy the item in the first 90 days, or before the due date.

Can I Do Layaway Online At Best Buy?

Best Buy cannot offer layaway online.

Best Buy doesn’t allow layaways. The company has credit cards and lease-to buy options.

Thus, customers have the option to order their preferred items and not need instant cash.

You can save even more money with these flexible financing options.

Best Buy Offers a Year-round Layaway Program

Best Buy doesn’t offer any layaways all year, as they don’t provide financing options for purchases.

Best Buy will not permit customers to delay a layaway for any reason.

They can also check out the other payment options at Best Buy to find the best one for them.

Customers can buy the items they want using both Progressive Leasing or credit cards, without worrying about immediate payments.

Can You Put A TV On Layaway At Best Buy?

Best Buy will not let you put a television on layaway. This is because their policy prohibits layaways.

Layaways don’t work. Progressive Leasing or My Best Buy Credit Card can help you purchase the TV at your own convenience.

What Layaways Financing Options does Best Buy Provide?

Unfortunately, Best Buy does not offer financing through Layaways.

Best Buy offers My Best Buy Credit Card (My Best Buy Credit Card) and My Best Buy Visa Card (finance through Citibank). Every credit card comes with deferred interest financing that lasts 6-24 months.

However, the eligibility of financing is dependent on the amount and items or services being purchased.

Best Buy offers Afterpay financing

Best Buy will not accept Afterpay to finance your purchase.

For more information on Best Buy, please visit our post about whether Best Buy accepts Visa Gift Cards, whether Best Buy matches Apple Education prices, and Best Buy’s Price Adjustment Policy.

Best Buy does NOT offer financing options that allow you to use layaways. Instead, Best Buy offers alternative financing options for customers who want to buy the items they deliver.

.Does Best Buy Have Layaway In 2022? (All You Need To Know)