Does Walmart Have Layaway?

Does Walmart have layaway

Walmart is one of the most popular stores in America, and for good reason. They offer low prices on everything from groceries to electronics. Plus, they have a great layaway program! In this article, we will answer all of your questions about Walmart’s layaway policy. We’ll cover everything from what you can put on layaway to how long you have to pay off your purchase. Keep reading for all the details!

Is Walmart Doing Layaway This Year?

Yes, Walmart does have a layaway in 2022. You can put items such as electronics, furniture, and jewelry on layaway at Walmart. However, there is also a $50 minimum purchase required to start a layaway contract. Affirm and Walmart have teamed up to offer a layaway program that is easier and more affordable than ever before. With Affirm, payments start at 3 months and go up to 24 months for purchases up to $2,000 worth. Depending on your credit score and time of year, Affirm will charge between zero and 30% interest. 

To learn more about Walmart’s layaway policy, what are the restrictions, and what you can buy here using layaway, continue reading!

What Are Walmart Layaway Payment Plans?

Walmart provides layaway for in-store purchases. However, this program is available at certain times of the year only, while its select locations offer year-round layaway that is available for jewelry items. The store also offers an online layaway program for furniture items.

To figure out if your local Walmart has the service year-round, just ask one of their associates or managers. 

How Does Walmart Layaway Work?

The process is simple – find the items you want, put them on layaway, and make payments until the balance is paid off. Once the balance is paid in full, you can pick up your items. It’s that easy! But note that you must pay for the item at least $10 or 10% (whichever is greater) of its full retail value before you receive any financing options. 

Also, there are some additional things you should keep in mind about layaway at Walmart, including the next ones:

  • Total purchase must be at least $50
  • You can opt into email or text notifications about payment status
  • You don’t need an application fee
  • Individual items must cost at least $10 to qualify for layaway  

Is Walmart Layaway Available for All Purchases?

No, Walmart’s layaway program is not available for all purchases. You can only take advantage of layaway at Walmart if you shop in-store. But there’s a small workaround – you can use them for online shopping if you choose to pay off your purchase using Affirm’s payment plan

Are There Any Exclusions to Walmart’s Layaway?

Yes, there are a few exclusions to Walmart’s layaway program. These items include, but are not limited to:

  • Gift cards
  • Cellular phones
  • Computers and tablets
  • Items from the clearance section
  • Holiday items (e.g., Christmas trees)

Layaway is not available on all items at Walmart, but there are still plenty of great things that you can put on layaway.

What Can You Put on Layaway at Walmart?

Some of the most popular items that people put on layaway at Walmart include:

  • Infant Furniture
  • Large Furniture
  • Electronics (without service plans)
  • Toys
  • Jewelry
  • Sporting Goods (not all)
  • Auto Electronics
  • Small Appliances

These are just a few examples – there are many other items that you can put on layaway at Walmart. So, if you’re looking to make a big purchase, layaway is a great option!

How Long Does Walmart Layaway Last?

Walmart’s layaway program typically lasts for eight weeks. However, this may vary depending on the store and the time of year. For example, during the holiday season, Walmart typically offers a 12-week layaway program.

Once you’ve made your final payment, you have two weeks to pick up your items. If you don’t pick up your items within this timeframe, your layaway contract will be canceled, and you will forfeit all payments made. 

Can You Use Walmart Layaway Online?

As we mentioned before, Walmart’s layaway program is only available in-store. However, you can use Affirm to finance your online purchase and pay it off over time. This is a great option if you find an item that you love, but it’s not available in your local store.

To use Affirm for your online purchase, simply select it as your payment method at checkout. You’ll be asked to enter some basic information, and then you’ll be able to choose your payment plan. Once you’ve made your final payment, the item will be shipped to you. 

How to Cancel a Walmart Layaway Contract?

If you need to cancel your layaway contract for any reason, you can do so by visiting the customer service desk at your local Walmart. You will need to provide your layaway agreement and the items you placed on layaway. 

You will then be refunded the total amount you paid, minus a $10 cancellation fee. 

What Should You Keep in Mind Before Opting for Layaway at Walmart?

Here are some things you should know before using layaway at Walmart:

  1. Age requirement. You must be 18 years or older to sign a layaway contract at Walmart.
  2. Down payment. You must pay for the item with at least a $50 down payment when you sign the contract.
  3. Cancellation fee. If you need to cancel your layaway contract, you will be charged a $10 cancellation fee.
  4. Pick-up deadline. You have two weeks to pick up your items after you’ve made your final payment. If you don’t, your layaway contract will be canceled, and you will forfeit all payments made.
  5. Return policy. Walmart’s return policy still applies to items that are put on layaway. So, if you need to return an item, you can do so within the return policy timeframe of 90 days.

What Are the Advantages of Using Walmart Layaway?

There are a few advantages to using Walmart’s layaway program. First, it allows you to pay for your purchase over time. This can be helpful if you’re short on cash or if you want to spread out the cost of a big purchase. Second, it gives you the peace of mind of knowing that your item will be reserved for you and no one else can buy it. Finally, it’s a great way to avoid interest charges on your credit card. 

What Are the Disadvantages of Using Walmart Layaway?

Some disadvantages to using Walmart’s layaway program also exist. They include:

  • You have to pay a small fee to put an item on layaway. This fee is typically around $0.25-$0.50 per item.
  • You have to make your final payment within a certain timeframe, or you’ll forfeit your deposit and the item will be returned to the shelf.
  • Finally, there’s a risk that the item you want could sell out before you make your final payment. 

Overall, Walmart’s layaway program is a great way to finance a big purchase. Just be sure to weigh the pros and cons before you decide to put an item on layaway. 

What APR Does Walmart Charge?

Walmart offers a variety of financing options for its customers, including layaway, credit cards, and Affirm. The APR that Walmart charges depend on the type of financing you choose and your credit score.

If you have any questions regarding the APR that Walmart charges you, don’t hesitate to contact them for more info.


In conclusion, Walmart’s layaway program is a great way to finance a purchase. Just be sure to keep in mind the age requirement, down payment, cancellation fee, pick-up deadline, and return policy. Also, keep in mind that there is a risk the item you want could sell out before you make your final payment. Finally, be aware of the APR that Walmart charges, depending on the type of financing you choose and your credit score. If you have any questions, don’t hesitate to contact Walmart for more info.

Thanks for reading! We hope this article was helpful. 

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