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Buy Now Pay Later Credit Cards - YouTube
Channel: CreditFast
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by now pay later credit cards is what
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this video is about and i am going to
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show you different credit cards that let
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you do this
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this is very important with these credit
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cards i'll be talking about because most
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of them
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are
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deferred which means that you do not get
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charged interest for the length of your
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agreement it could be one year 18 months
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24 months whatever it is they do not
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charge you interest unless you don't pay
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the full balance off if you don't then
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they will tack on all of that interest
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from the very beginning so this can
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potentially be dangerous
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but if you pay your balance off in full
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this can be very helpful for you
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so this is one of those situations where
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you have to use
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your best judgment on what you can
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afford
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and as long as you can do that this type
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of
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option can be really helpful for a lot
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of people
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the great thing about these credit cards
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is that all of them have no annual fee
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and they pretty much all offer rewards
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however most will have this condition
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that you have to choose whether you want
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rewards or special financing normally
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you cannot get both
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this of course will be true about the
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first credit card i'm going to be
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talking about and that is the best buy
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store card and best buy visa card
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that card
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you clearly have to make a choice
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whether you want the rewards from their
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reward program or if you want special
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financing terms and they will offer
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different terms from six months all the
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way to
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24 months on some special
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items
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so harbor freight's an interesting one
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it's not deferred what it does is it
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will split up your payments anywhere
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from six months to 36 months you want to
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make sure that you make your payments on
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time and in the correct amounts or you
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risk your
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your
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plan your conditions to be canceled and
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then you are going to be charged a late
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fee and interest
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so with any of these credit cards you
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want to make sure that you are making
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your payments on time and in the correct
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amounts
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so a lot of you already right now
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probably have a jcpenney store card and
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if you do and you may not have known
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this you can have special options for
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buy now pay later
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and with this card they are a little
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vague on what all of that is and this is
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what i was able to find and they do say
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on this site to learn more
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you need to ask a jc penney's associate
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so that's what i also recommend
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but i wanted to make you aware of the
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options you have with jc penney's
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especially if you already have this card
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now synchrony home is a very interesting
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one because it is a card issued by
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synchrony and it can be used at
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different places
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mainly things relating to furniture
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or even electronics so this card can be
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very useful because you open one and you
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can use it at many different places to
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show you this here are some of the
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different stores that take part in this
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so there are different options with this
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card anywhere from six months to 36
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months
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and you can pre-qualify for this card
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so i'm sure as you know wayfair is very
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popular with many types of home
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furnishings but what you may not know is
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that you can buy now pay later with
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wayfair wayfair credit cards are issued
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by city they have a store card and a
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major credit card and the terms are
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anywhere from 6 months 12 months 18
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months to 24 months
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so if you have a home that needs to be
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furnished this can be a great option
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the next two credit cards are going to
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be very helpful for people with home
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improvement projects or general
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contractors and that
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is going to be lowe's and home depot
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so with lows they have different options
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deferred and installment
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lowe's is very versatile because not
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only do they have their everyday plans
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but they will offer special promotional
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plans on certain things so it's worth
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taking a look checking to see what they
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are offering at any given time
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with lowe's it's one of those store
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cards that you can pre-qualify for
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so like with lowe's home depot is going
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to be doing the same thing they have
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different options and plans
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for buy now pay later it starts from a
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minimum of a purchase of 299 for six
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months and it goes to much better terms
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all depending on how much you're
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spending what you're buying and what
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time of year so this is a card that can
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be helpful for you again if you have
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a home or if you are a home contractor
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so i hope i'm helping you to buy now pay
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later and if i am make sure to hit that
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like button and to see anything i do in
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the future subscribe and hit the bell
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notification i can't believe i forgot
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about the amazon credit cards here's
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some information about the chase
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visa amazon card and the amazon store
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card from synchrony
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so the next credit card i'm talking
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about is big lots i don't go there a lot
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but when i do i think it's it's a fun
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place because you never know what you
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can find at big lots they do sell
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furniture
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and they do have a lot of things for the
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summer time that you can get at big lots
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and if you're going to make a big
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purchase there you can have special
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financing terms there i don't know if a
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lot of people know that
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i've always said
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only get credit cards to stores that you
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shop at a lot and for me i don't shop a
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lot at big lots so i don't have that
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card but i do have the walgreens store
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card which i did a video on it last week
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so if you want to know about it about
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all the pros and cons of having this
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card along with my personal experience
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you should check out that video
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so i'm mentioning this one because i for
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many years worked at sears and i just
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feel like i should mention this
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so sears is a good option if you have
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appliances to buy three or more it makes
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perfect sense and you can get special
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terms on those purchases this card is
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issued by city besides buying appliances
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sears is online so you can use this card
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buying other things at sears
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so in this video i'm talking about
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different ways you can buy now pay later
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with credit cards
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and one
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way that you can is to open up a major
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credit card that will offer you
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zero apr for a number of months it's
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usually anywhere from 12 months to 21
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months and with that you can buy things
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and
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pay them off and the really good thing
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with this type of credit card is that
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you're not going to be slammed with
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interest if you don't pay the full
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amount off
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after the term ends that's when the
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interest starts plus with these type of
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cards if they are reward cards you can
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together
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get zero apr along with
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rewards
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the one drawback with this is that
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after your term is over let's say even
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if you have 21 months
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that's it after that you will be paying
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the regular interest rate
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so
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while this is really good
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you only have a limited amount of time
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where you can take advantage of this so
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after that you're going to need to buy
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things and pay your balances in full to
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avoid interest
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that's why these other credit cards i
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talked about in the beginning can be
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helpful because
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you can have any of these cards for five
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years and then decide to buy something
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and then get some special financing with
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what you're buying and you will not get
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that with one of these cards you would
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have to is just essentially open up a
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brand new card offering the same thing
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which works with a lot of people
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so
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that would be an option you have another
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way to buy now and pay later
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so if i've missed any good buy now pay
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later credit cards you need to tell us
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about it in the comment section
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so i've been talking about multiple ways
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on how you can buy now pay later so from
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that you can pick the best option for
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you of course you need to use your best
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judgment but these can be great ways of
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helping you save on things you need to
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buy
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other than that you need to check out
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these videos here to learn more about
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different credit cards remember
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do subscribe if you want to see more of
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my content and i'd appreciate it if you
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could like this video thank you so much
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and i will see you next time
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