Does Lowe’S Accept Afterpay & ‘Buy Now Pay Later’ Services?

Does Lowe’S Accept Afterpay & ‘Buy Now Pay Later’ Services?

Afterpay is a system that allows people to pay more for expensive goods. The ability to pay in instalments allows people to make investments in the products they desire.

  • Large home improvement projects are likely to be expensive, and I wondered whether Lowe’s accepted any form of ‘buy now pay later’ programs to make it easier on customers. Here’s what I learned!
  • Does Lowe's Accept Afterpay & 'Buy Now Pay Later' Services?

    Lowe’s Will Accept 2022 ‘Buy now, Pay Later’ Services

    Lowe’s does not accept Afterpay, Klarna, QuadPay, or any other form of ‘buy now pay later’ services in stores as of 2022. Lowe’s also offers a version of the ‘buy now, pay later’ service on select products. The service known as “Lease to Own” makes it easy to buy large amounts of product without paying a huge upfront cost.

  • After knowing that Lowe’s will not accept third party ‘buy-now-pay later’ services from any other parties, you can read the rest of this article to see why Lowe’s won’t accept Afterpay and Klarna.
  • Lowes doesn’t accept Afterpay, Klarna and QuadPay & other ‘Buy Now, Pay Later’ services.

    Lowe’s has not accepted Afterpay, Klarna and QuadPay either in-store or online. Many other retailers also offer the service.

    Lowe’s does not accept third-party “buy now, pay later” services. However, Lowe’s offers its own version through ‘Lease to own’.

    This is likely the main reason why Lowe’s has not opted to use these services as they have their own in-house option.

    Does Lowe's Accept Afterpay & 'Buy Now Pay Later' Services?

    Lowe’s offers a variety of ‘Buy now, Pay later’ style options

    Lowe’s also offers a Lease to Own option, which allows customers to gradually pay for the purchases that they want but don’t necessarily have enough money to make.

    The customer can pay monthly and eventually own the property for up to $2500.

    Even though it’s not exactly like a “buy Now Pay Later” program, this allows customers to not worry about bigger purchases.

    Additionally, this service includes a variety of products.

  • Appliances for homes
  • Both outdoor and seasonal living
  • Use power tools
  • Home decor
  • Lighting fixtures
  • The service does not include these products.

  • Consumables and perishable goods, such as fuel, food and fertilizer
  • Permanently installed products such as carpet and drywall
  • Service-related transactions, like haul-away services and installation
  • Also, there’s a minimum purchase requirement of $150, and you will need to be approved for the service, though no credit check is needed.

    The lease agreement covers a 12-month term and is not open to all applicants. Also, progressive leasing cannot be done in Minnesota, New Jersey Vermont, Wisconsin or Wyoming.

    What’s the alternative to Lowe’s’ ‘Buy Now and Pay Later’ Services?

    If you do not qualify for the Lease to Own service, your next option is to purchase your merchandise on a credit card.

    With that, Lowe’s accepts most major credit card issuers. Lowe’s has its own store credit program, offering 5% rebate on store purchases, but not gift cards.

    Professionals have a variety of credit options including Lowe’s Commercial Account, Lowe’s Reward card and Lowe’s Business Card.

    These options let you make bigger purchases, and then pay off gradually.

    Lowe’s tool rental program is an alternative to purchasing tools. You can rent any tools you want and then return them after you use them.

    Even though you cannot rent tools, the price of the product you want for your project can be lower.

    Does Lowe's Accept Afterpay & 'Buy Now Pay Later' Services?

    What Other Forms Of Payment Does Lowe’s Accept?

    Although it doesn’t accept “buy now, pay later” services, Lowe’s does accept other types of payment, such as:

  • Cash
  • Visa, Mastercard or American Express Debit Cards
  • Personal checks
  • Lowe’s store credit cards
  • Gift vouchers
  • If you are looking to learn more, you can also read our posts on whether or not Lowe’s accepts PayPal, Lowe’s Pro Desk, if Lowe’s takes Apple Pay.

  • Conclusion
  • Unfortunately, Lowe’s does not accept third-party ‘buy now pay later’ services, like Afterpay, Klarna, and QuadPay.

    Lowe’s, however, offers a service that is similar to a plan where you ‘buy now and pay later’.

    For example, Lowe’s Lease to Own program allows customers to make large purchases and then pay for them over 12 months.

    Lowe’s has other payment options including cash and credit or debit cards. Personal checks are also accepted. Gift cards can be purchased as well as Lowe’s credit card.

    .Does Lowe’S Accept Afterpay & ‘Buy Now Pay Later’ Services?

    See also  Does Home Depot Own Lowe'S