Jared is one of the prominent jewelry junctions in the USA. Here one can get wedding rings and other gold and diamond jewelry. While buying expensive items like jewelry, customers cannot make a whole payment at a time. Buyers always want a payment plan to have a more convenient budget. Do Jared have Payment Plans? – know more.
Yes, Jared does have payment plans. Jared has introduced a Gold Card for its customers. There are various benefits the Gold Card offers, including payment plans. The payment plans provide various financing options starting from 6 months to 48 months. Additionally, at Jared, you can also use the Affirm payment plan. Affirm has partnered with Jared to provide its finance options.
What are Jared’s payment plans?
Jared Gold Card holders have various financing options for the buyers. These payment plans allow buyers to pay later for the items they bought now. However, a down payment is necessary while buying the products. Jared Gold Card offers a set of payment plans for the customers-
- 6-months payment plan
The six-month payment plan at Jared is available for the minimum purchase of $300. Jared charges no interest if this payment is made on time. Otherwise, penalties will be charged.
- 12-months payment plan
The twelve months plan is also interest-free if paid on time. It is available for customers on the minimum purchase of $1,000.
- 18-months payment plan
The 18-month payment plan is the last interest-free financing option at Jared. But if you didn’t pay installments on time, you will be charged with penalties. To get this plan, your minimum shopping should be $5,000.
- 36-months payment plan
The minimum purchase requirement to get 36-months of finance is $3,000. This plan is available with a 16.99% APR for 36 months. After that, 29.99% purchase APR will be charged.
- 48-months payment plan
48-months finance option is for purchase of $5,000 and above. The interest rate for this plan is the same as the 36-months payment plan.
To get any of these plans fulfilling minimum purchase is mandatory. Additionally, one plan could be taken only for one item.
Does Jared accept Affirm?
Apart from Jared Gold Card, the jewelry store also accepts Affirm. Affirm financial technology company has partnered with Jared in providing Buy Now Pay Later services. Affirm is accepted at Jared stores and online platforms. You can use Affirms to buy Jared jewelry in the following steps-
For online purchase
- Add items you want to buy in the cart.
- Choose Affirm for payment on checking out.
- Select the plan you want to take for the payment.
For in-store payment
- Download the Affirm app on your handset device.
- Take a real-time decision on payment. Affirm payment does not affect your credit score.
- Use your virtual Affirm Card to the cashier and confirm the payment plan.
Affirm payment plans at Jared
Affirm offers a set of Buy Now Pay Later payment plans to the users. Affirms plans at Jared are free from late payment penalties. Affirm payments plans are categorized in two headings-
- Payment Plans
Affirm offers three payment plans of three, six, and twelve months. To get any of these payment plans, you should make a minimum purchase of $150. Affirm does not ask for any interest for the three months plans if payment is on time. However, for the six and twelve months plan, interest is subjected to eligibility. The interest rate varies from 10% to 30% APR.
- Split-Pay Option
There is also a split-payment option that Affirms offer. Under this plan, you can make complete payment of your purchases in four equal installments. The installments are paid in equal time intervals. This plan is available only for purchases ranging from $150 to $400.
What are the other payment methods at Jared?
If you do not require a payment plan there are other options of payment at Jared. If you don’t have the budget to make the full payment instantly, you can take Affirm plans or Progressive Lease Program.
If your budget allows you to make full payment while purchasing, you can use cards for payment. Jared accepts debit and credit cards from Visa, MasterCard, American Express, and Discover. Jared also accepts Apple Pay from buyers. You can also use vouchers and gift cards to pay at Jared.
Conclusion
Jared has launched a Gold Card that offers various financing options to its buyers. It includes various payment plans for six months to 48 months. The eligibility and interest charges on plans vary. There is also the clause of penalty for international making payments on time. Besides Jared Gold Card, buyers can also use the Affirm app for the Buy Now Pay Later payment option.
FAQ
- What would happen if I didn’t make my payment on time with the Jared Gold Card?
Answer: If you didn’t make payments on time, the interest would be charged from the date of purchase. The purchase APR at Jared is 29.99%.
- Does Jared offer the lease-purchase program?
Answer: Yes, there is a progressive lease-purchase program for Jared. According to this program, you can take the jeweler by paying $79 on lease. Further, you can complete the payment within 12 months and own the jewelry. The lease program is very beneficial for the buyers.
