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

Afterpay, Klarna and QuadPay have made it possible to easily buy higher-end items. The ability to pay in instalments allows people to make investments in the products they desire.

Consider large-scale home renovations are expensive. To make things easier for customers, I was curious whether Lowe’s would consider a ‘buy now and pay later’ option. This is what I found!

Lowes’ to accept “Buy Now Pay Later” services by 2022

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. You can make big purchases with this service called ‘Lease to Own.

After you’ve learned that Lowe’s does not accept third-party services that ‘buy now and pay later’, continue reading to discover why Lowe’s refuses Afterpay or Klarna!

Lowe’s Doesn’t Accept Afterpay or Klarna.

Lowe’s refuses to take Afterpay, Klarna or QuadPay online. Many other retailers also offer the service.

Lowe’s will not take third-party ‘buy Now Pay Later’ services. But, Lowe’s can offer its own with ‘Lease to Buy’.

Lowe’s, which has their own service, is probably the reason they didn’t choose to use them.

What ‘Buy Now Pay Later’ Style Options Does Lowe’s Offer?

Lowe’s provides a Lease to Own Service, which allows customers to slow-pay for what they do not have the cash for.

The service is available for monthly payments until ownership at a maximum of $2500.

While this service isn’t exactly the same as “buy now/pay later”, it allows customers to make larger purchases without worrying about.

This service is also available for a wide range of products.

Appliances for your home

Outdoor living and seasonal living

The power tool

Home decor

Lighting fixtures

These items are excluded from the service:

Consumable and perishable food items such as fuel, foods, and fertilizer

Carpet and drywall are permanent products that can be installed permanently

Transactions that are related to services, such as installation or haul-away

Additionally, you must purchase $150 to qualify for the service.

The lease agreement covers a 12-month term and is not open to all applicants. Furthermore, progressive leasing will not be available in Minnesota or New Jersey.

What Can You Do Instead Of A ‘Buy Now Pay Later’ Service At Lowe’s?

You can also purchase the merchandise with a credit card if you are not eligible for Lease to Own.

With that, Lowe’s accepts most major credit card issuers. Lowe’s also has its own store credit, which offers a 5% discount on all shop purchases, except gift card.

A variety of credit options are available to professionals including the Lowe’s Commercial, Lowe’s rewards card, as well as the Lowe’s Business card.

All these options enable you to purchase larger quantities and repay slowly.

Lowe’s tools rental service allows you rent and then return the tools once you have used them.

You cannot buy tools using the rental service but you can still get the items you need to complete your project for a much lower cost.

Lowe’s will accept other types of payments

Lowe’s doesn’t take ‘buy Now Pay Later’ but accepts other payment types such:

Cash

Visa, Mastercard and American Express debit cards

Personal checks

Lowe’s credit cards

Gift cards

If you want to know more, we also have posts that discuss whether Lowe’s accepts PayPal or Lowe’s Pro Desk.

Conclusion

Lowe’s will not accept third party ‘buy now and pay later’ services such as Afterpay, Klarna or QuadPay.

Lowe’s offers a similar service to the ‘buy Now Pay Later’ plan.

Lowe’s Lease to Own offers customers the opportunity to make big purchases, and to pay it over 12 months.

Lowe’s offers other payment options, including cash, credit, debit, cards, personal check, gift cards and Lowe’s cards.

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