WRAL SmartShopper

WRAL SmartShopper

Walmart is not offering layaway for the 2021 holiday season

Posted September 24, 2021 7:02 p.m. EDT
Updated September 26, 2021 2:52 p.m. EDT

Walmart store front

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Walmart will not be offering the annual layaway option this year for the 2021 holiday season.

The information was confirmed by Walmart customer service on Sept. 21, 2021. No stores in the U.S. will be offering layaway according to the employee. In addition, the layaway section of the Walmart website has been removed.

In past years, Walmart offered the layaway program from late August through mid-December. Customers could put items on hold with a small deposit, and then make regular payments until the total was paid off. At that point, the products could be picked up from the store. There was no interest charged on the products.

“We’ve learned a lot in the past year as our customers’ needs and shopping habits have changed. Last holiday season, we removed seasonal layaway from most of our stores with the exception of select jewelry items at select stores, and based on what we learned, we are confident that our payment options provide the right solutions for our customers,” the store said in a statement shared by Fox8 in Cleveland.

This year, the company is offering a monthly "buy now, pay later" finance payment option through Affirm.

The Walmart website calls it an "alternative to layaway" that allows you to purchase the item immediately and then pay it off from 3 to 24 months. But it is important to note that, unlike layaway, there is a finance charge with Affirm. The APR rate will be between 10% and 30% for most items, depending upon your credit. There are some promotional 0% APR items available as well.

Categories that are eligible for Affirm include: Electronics, Video Games, Toys, Home, Arts & Crafts, Musical Instruments, Home Improvement, Auto, Sports & Outdoors, Tools, Baby, Jewelry and Apparel.

Affirm does not charge late fees, prepayment fees, annual fees, or service fees to open or close your Affirm account.

See the details on the Walmart website.

Walmart Sale

Walmart has a new Savings Spotlight Sale including clothing, Chromebooks, tablets, toys, video games, vacuums, cookware sets and more.

See all the sales at Walmart.com HERE.

Walmart+ Membership Program

Walmart has launched a the Walmart+ membership program offering unlimited free delivery from stores, fuel discounts, Scan & Go shopping and more.

Walmart+ costs $98 a year or $12.95 a month.

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