With the rise of several payment options, shoppers have a myriad of options to choose from after their shopping. At times, people shop more than desired or are willing to pay for their shopping afterward. For such customers, stores have several options of ‘Buy Now, Pay Later. In the case of Best Buy, it also provides such options to its customers. However, After Pay doesn’t exist in Best Buy’s list of ‘Buy Now, Pay Later options.
BEST BUY
For everyone who is looking to purchase several electronic items and equipment, there can’t be a better option than Best Buy. It is a one-stop solution for those who are looking for electronic stores. Best Buy provides reasonable deals on computers, appliances, cell phones, video games, and other tech gadgets.
After Pay
AfterPay is an Australian financial technology company that has collaborated with nearly every big store to provide a ‘Buy Now, Pay Later’ facility to its customers. People can use this application to pay for their online shopping as well as for their in-store shopping. To use Afterpay for making payments, people have to make their account by entering all the necessary details.
DOES BEST BUY ACCEPTS AFTER PAY
As of now, Best Buy doesn’t accept payment through Afterpay. Instead, people can make payments for their shopping by using Best Buy credit cards and lease to their own option payment plans.
OTHER PAYMENT OPTIONS AT BEST BUY
Based on the information available on the website of Best Buy, it accepts payments from Best Buy credit cards, debit cards, VISA, reward certificates, and gift cards. Other than Best Buy, American Express, Discover, Mastercard, Visa, JCB, Dinners Club, PayPal and Pay with points are also accepted. In-store payment options include all the previously mentioned options. Other than that, Personal checks, business checks, and cash are also accepted.
Other payment options
Shoppers can also pay by using a combination of payment methods. For example, people can use more than one debit/credit card for making payments. Other than that, they can also pay in a combination of PayPal and credit/debit cards.
BUY NOW, PAY LATER OPTION AT BEST BUY
Now, let’s talk specifically about the available options under this category at Best Buy. The electronic store accepts such payment options online, as well as in-store shopping. To use this option, people can use the Best Buy credit card or the progressive leasing option. They can use the company’s credit card to make the payment of more than $99 at a zero interest rate. This can be done only if the amount is fully repaid in six months. Moving ahead, the Progressive leasing option gives shoppers a chance to lease an item and pay for it in short installments.
BEST BUY FINANCING PLANS
To ensure tension-free shopping for its customers, Best Buy has come up with some interesting payment options under its Best Buy Plans. People have to own a Best Buy credit/debit card to avail the benefit under this plan. There are various deferred interest financing offers, under which customers can make the payment and repay it with zero interest. However, they have to repay the amount within the fixed time decided under the scheme. In case, if any customer fails to repay the amount within the fixed time, then the interest will be charged on the monthly balance based on the decided Annual Percentage rate applied on a regular purchase.
There are also other plans like the reduced rate of credit plan for 2 years. In this plan, customers have to do fixed monthly payments.
Eligible payment plans for Best Buy Credit Card
There are several payment plans which can be used by the Best Buy Credit Cardholders. Some of them are mentioned below.
- Best Buy Credit cards can be used for making payments above $299. Customers can repay the amount without any interest within 12 months.
- For paying an amount over $599, people can repay the amount within 18 months.
- For making a payment of $799, people can make an interest-free repayment within 24 months.
CONCLUSION
Best Buy is one of the leading electronic stores in the USA. People prefer to purchase a maximum of their electronic and technical items from Best Buy’s stores. They can also purchase items online. To make shopping easier, the company has provided an option of ‘Buy Now, Pay Later’ for its customers. However, Best Buy doesn’t accept After Pay for making payments. There are other payment methods like Best Buy credit cards and gift cards that can be used to avail the benefit of Best Buy Financing Plans.
FAQ
What is the minimum credit score needed to enjoy Best Buy Financing Plans?
Ans. To avail of the benefit of the scheme, it is important to have a credit score of 700 to 749 in the case of Visa Cards. For the Best Buy cardholders, they should have a score of 660-699
