Amazon Layaway

Amazon is offering a new way to shop, Layaway. In know, those over a certain age know what layaway is, but for those who don't, it allows you to reserve items without a credit check or interest. Just look for the  ‘Reserve with Layaway’ label as you shop, or visit the Amazon Layaway page, to shop by category. If eligible for layaway, the payment terms will be listed on the product page, and at checkout, you will agree to your payment schedule and pay 20% of the total cost. As for timing,  you have eight weeks to pay off your item in full; however, you can pay off your item earlier.  Once paid in full, you can then confirm your preferred shipping method and receive your item. 

The key takeaway, unlike traditional layaway, there is no need to go to a store, shop, take items to s special desk to make a down payment and register for layaway, visit the story to make bi-weekly payments, and then return to that store to pick up your item. 

Amazon layaway allows you to do all of this online. There are some other services that allow for online layaway; however, this is seamless. Amazon manages the process and payments are automatically debited from your payment of choice.  

With prices going up daily, and the potential for possible supply chain issues this holiday season, this is a great way to lock in today's price and ensure you will get those big-ticket items for the holidays. So definitely this is something you should check out.

• Eligibility - this is open to all Amazon shoppers but is only offered on items sold and shipped by Amazon.
• Where can you find layaway items - Visit the Amazon Layaway homepage to view a full list of items, by category
• Lock in special sales prices - Once purchased on a layaway payment plan, the price is locked. This includes Prime Day and other holiday sales. The downside, the price will also not go down, but there is still no risk as you can walk away from the purchase. Speaking of holidays, to complete the full 8-week Layaway plan and ensure delivery before December 25th, your purchase needs to be made by October 23rd. You can start Layaway plans after this date, but need to pay off those items early.

The following is an example of a great deal. Amazon normally sells the Fire Cube for $119.99, but today it's on sale for $69.99. You can Reserve with Layaway lock in today's sale price, make 5 interest-free bi-weekly payments of $14, and have the item ship to your home by the middle of November.