If you’re an avid shopper of Nike products, you may be wondering if Nike offers payment plans. After all, it’s not always easy to come up with the money to buy the latest sneakers or apparel you’re coveting. Fortunately, Nike does offer payment plans, so you don’t have to break the bank or miss out on your favorite pieces. Read on to learn more about Nike’s payment plan options and how you can make your purchases more manageable.
Yes, Nike offers payment plans. Customers can use AfterPay, Affirm and Klarna to pay for their orders over a period of time. AfterPay allows customers to pay for their orders in four interest-free installments. Affirm offers 3, 6, and 12-month payment plans with interest rates from 10-30%. Klarna also offers 3 or 6-month payment plans with interest rates from 0-29%.
Does Nike Have Payment Plans?
Nike offers a few payment plan options to its customers to help them purchase items without having to pay for them in full up front. These payment plans allow customers to spread the cost of their purchase over a period of time and make smaller payments.
Nike Payment Plan Options
Nike has two payment plan options available to its customers:
- Nike Afterpay: This plan allows customers to split their purchase into four equal interest-free payments. The first payment is due at the time of purchase, and the remaining three payments are billed every two weeks after that. This plan is available for orders between $35 and $1,000.
- Affirm: This plan allows customers to make monthly payments of their purchase over 3, 6, or 12 months. Rates range from 0-30% APR depending on creditworthiness and the length of the plan. This plan is available for orders between $50 and $17,500.
Eligibility Criteria
To be eligible for these payment plans, customers must meet certain criteria.
- For Nike Afterpay, customers must have a valid debit or credit card, be at least 18 years old, and be a resident of the United States.
- For Affirm, customers must have a valid debit or credit card, be at least 18 years old, be a resident of the United States, and have a valid US social security number.
Conclusion
Nike offers two payment plan options (Nike Afterpay and Affirm) to its customers to help them purchase items without having to pay for them in full up front. Customers must meet certain eligibility criteria in order to use these payment plans.
Top 6 Frequently Asked Questions
Does Nike Have Payment Plans?
Answer: Yes, Nike does offer payment plans for select purchases. Customers can choose to pay for their purchase in installments with the Nike Credit Card, Nike Installment Plan, or Affirm.
What is the Nike Credit Card?
Answer: The Nike Credit Card is a store credit card issued by Synchrony Bank. With this card, customers can earn rewards for their purchases, such as 10X points for every dollar spent at Nike and 6X points for every dollar spent elsewhere. They also receive special discounts, free shipping, and access to exclusive Nike products. Customers can apply for the card online and receive an instant decision.
What is the Nike Installment Plan?
Answer: The Nike Installment Plan is a payment plan offered by Nike. Customers can choose to pay for their purchase in monthly installments, with no interest or fees. This plan is available for orders of $50 or more and can be used for any product purchased on the Nike website.
What is Affirm?
Answer: Affirm is a third-party payment processor that allows customers to pay for their purchase in monthly installments. Customers can choose from 3, 6, or 12 month payment plans, with interest rates of 10-30%. Affirm is available for purchases of $50 or more and can be used for any product purchased on the Nike website.
How Do I Activate my Nike Credit Card?
Answer: After receiving your Nike Credit Card, you can activate it online or over the phone. To activate online, go to Synchrony Bank’s website and enter your card information. To activate over the phone, call the customer service number on the back of your card.
Do I Need to Pay a Down Payment for the Nike Installment Plan?
Answer: No, there is no down payment required for the Nike Installment Plan. Customers can choose to pay for their purchase in monthly installments, with no interest or fees. This plan is available for orders of $50 or more and can be used for any product purchased on the Nike website.
Is Affirm Available for International Customers?
Answer: Yes, Affirm is available for international customers in some countries. Currently, Affirm is available in the United States, Canada, the United Kingdom, Australia, and Mexico. Customers in these countries can apply for an Affirm loan and use it for their purchase on the Nike website.
In conclusion, Nike does offer payment plans to help customers with their purchases. These payment plans include credit cards, installment plans, and even gift cards. With these payment plans, customers can easily purchase their favorite Nike products without having to worry about the upfront cost. All in all, Nike is a great company to shop with if you’re looking for convenience and flexibility when it comes to paying for your purchases.
