Bree Early Pay
A-Z list of store financing for electronics and household items
Shopping for a new laptop, sofa or oven? Let us help you easily compare popular store financing options, like Flexiti and Affirm.
Need help paying for your purchase? Many stores offer 0% or low-interest financing and repayment terms ranging from 6 to 36 months. But you might need good credit to qualify. We break down store financing options for some of Canada’s most popular electronics, appliance and homeware retailers.
A-Z list of store financing for electronics and household items
| Brand | Financing offer | Read more |
|---|---|---|
Flexiti | ● 0% – 39.99% AIR ● Varies (some stores offer 6/12/24/36 month terms) | Learn more |
Affirm | ● 0% – 36% APR ● 4 biweekly payments or up to 60 months term | Learn more |
Amazon (via Affirm) | ● 0% – 32% APR ● Monthly payments over 3-48 months | Learn more |
Apple | ● APR from 4.99% - 7.99% ● Monthly payments over 12 or 24 month terms | Learn more |
Best Buy (via Fairstone) | ● 0% interest during promo period (non-promo rate not disclosed online) ● Monthly payments for 3/6/12/18 month terms (after which interest applies) | Learn more |
The Brick (via Flexiti) | ● 0% – 39.99% AIR (max 35% in Quebec) ● Defer payments for up to 18 months or make equal payments for 36 months | Learn more |
Canada Computers (via Flexiti) | ● 0% – 39.99% AIR (max 35% in Quebec) ● Monthly payments for 6 or 12 month terms (after which interest applies) | Learn more |
Canadian Tire (via Triangle Mastercard) | ● 0% APR for promo period (20.99% after) ● Equal payments over 24 months (after which interest applies) | Learn more |
Costco (via CIBC Pace It program) | ● 6.99% – 8.99% APR ● Monthly payments over 6/12/24 month terms | Learn more |
easyhome (via easyfinancial) | ● 29.99% – 46.96% APR ● Weekly, bi-weekly, semi-monthly payments over 9 to 84 months | Learn more |
Home Depot (via Home Depot Consumer Credit Card) | ● 0% – 28.8% interest ● Monthly payments for 6/12/18/24 month term (after which interest applies; terms vary based on the product purchased) | Learn more |
Leon’s (via Flexiti) | ● 0% – 39.99% AIR (max 35% in Quebec) ● Defer payments for 6 or 12 months, or make equal payments for 12 or 24 months (after which interest applies) | Learn more |
MDG | ● 0% – 32% APR ● Weekly, bi-weekly or monthly payments with no interest for 12 months (after which interest applies) | Learn more |
Memory Express (via Flexiti) | ● 30.49% – 35.90% AIR ● Monthly payments over a 3/6/9/12 month term (after which interest applies) | Learn more |
Newegg (via Affirm) | ● 0% – 32% APR ● 4 biweekly payments or 3/6/12 month terms (varies depending on the product purchased) | Learn more |
PayPlan by RBC | ● 0% – 19.99% APR ● Equal monthly payments for 6 to 60 month terms | Learn more |
Staples (via Flexiti) | ● 0% – 39.99% AIR (max 35% in Quebec) ● Defer payments for 3/6/12 months, or make equal payments for 3/6/12 months. Interest applies to unpaid balances after the term ends. | Learn more |
Bree Early Pay
Flexiti financing
- How Flexiti financing works. Get low or no interest payments when you use Flexiti to shop with dozens of major retailers.
- What can I finance? You can finance eligible products online and in-store at more than 8,000 Flexiti partners, including Sleep Country, Wayfair, Leon’s, Visions Electronics, London Drugs, Kal Tire and many more.
- What to watch out for. Watch out for after-promo assumed interest rates (AIRs) between 30.99% and 35.00% and admin fees. A minimum purchase may apply based on the retailer.
Is Flexiti a credit card?
The FlexitiCard is a regular credit card that can be used to make in-store and online purchases at 8,000+ retailers. When you apply for financing at participating retailers like the Brick or Staples, you’re applying for a FlexitiCard (or a store-branded credit card backed by Flexiti), which can be reused after you pay off your purchase.
Where is the FlexitiCard accepted?
The FlexitiCard is accepted by over 8,000 retailers both in-store and online, including Wayfair, Staples, Rona, London Drugs, The Brick, La-Z-Boy, People’s, The Bike Shop, Canada Computers, Jysk, Ashley and Pandora.
What credit score is needed for Flexiti?
Flexiti does not disclose a minimum required credit score online. However, you can typically qualify for most Canadian credit cards with a good score of 660 or higher.
Which major retailers are not Flexiti partners?
Some of the popular retailers that don’t provide financing through Flexiti include Apple, Amazon, IKEA, Walmart, the Home Depot, Costco and Canadian Tire.
Affirm financing
- How Affirm financing works. Pay in 4 interest-free payments every 2 weeks, or pay in monthly installments in terms up to 60 months with an APR from 0% – 36%.
- What can I finance? Affirm works with more than 245,000 merchants primarily in the US and Canada. You can finance electronics, furniture, home decor, fashion, sporting goods, car accessories and wellness products.
- What to watch out for. Financing is only available with select merchants. Monthly payment plans may charge interest, and getting 0% interest depends on credit in some cases.
Amazon financing in Canada
- How Amazon financing works. Pay 10-30% APR over 3-48 months through Affirm, a finance provider. Repayment period depends on the purchase amount (3 or 6 months for $50+, 12 months for $150+, 18 months for $350+, 24 months for $800+, 36 months for $1,500+ and 48 months for $2,000+). You can pay it off early without penalty.
- What can I finance? You can use Amazon financing for any product except for Whole Foods or Amazon fresh orders, digital purchases like movies and e-books, gift cards and any purchases under $50.
- What to watch out for. Rates are high compared to other stores, and you may need to make a down payment for certain purchases.
Apple financing in Canada
- How Apple financing works. Shop online at Apple and pay over time with Affirm. APRs range from 4.99% – 7.99%, with repayment terms of 12 or 24 months, depending on the product. Apply online for instant approval or pre-qualify to save time at checkout.
- What can I finance? Financing is available for eligible products like the iPhone, iPad, Mac, Apple Watch, and Apple Vision Pro. You can also trade in an eligible device for instant credit to reduce your monthly payments.
- What to watch out for. Financing terms and APRs vary by product, and accessories not eligible for financing must be paid in full upfront. Taxes and shipping fees are also due at checkout.
Best Buy financing
- How Best Buy financing works. Apply for financing for terms of 3, 6, 12 or 18 months through Fairstone. Spend money on the card when you make purchases in-store.
- What can I finance? You can finance electronics, appliances, musical instruments, luggage and anything else you can purchase at Best Buy, with your term length dependent on the total financing amount.
- What to watch out for. Interest applies after the promo period ends, although the rate range isn’t disclosed online. For purchases of $299.99 or more, there’s an $0 - $99.99 administrative fee depending on the term. Best Buy charges annual fees to residents of Quebec.
The Brick financing
- How The Brick financing works. Get up to $20,000 when you apply for financing online or in person. Make no payments for the first 18 months or make equal payments for 36 months, with no interest on the Brick FlexitiCard.
- What can I finance? You can finance furniture, bedding, appliances, electronics, home decor and anything else you can buy at the Brick.
- What to watch out for. There’s a missed payment fee of between $59.99 and $99.99. Interest rates after the promo period are between 31.99% and 35.00% after the promo period. Plus, there’s an admin fee of $0 to $249.95.
Canada Computers financing
- How Canada Computers financing works. Choose a product to buy in the store and fill out an application with a sales agent. Canada Computers offers financing through Flexiti.
- What can I finance? You can finance computers, cell phones, printers, headphones, chairs, desks, gaming equipment and other electronics.
- What to watch out for. After the no-interest promotional period of 6 or 12 months, a 31.99% - 35.00% AIR applies. A one-time admin fee of $39.99 to $79.99 applies for financing (unless you live in Quebec).
Canadian Tire financing
- How Canadian Tire financing works. Pay zero interest for 24 months when you spend $150 or more on your Triangle Mastercard.
- What can I finance? You can finance products sold at Canadian Tire and partner stores such as Sport Chek, Mark’s and Atmosphere.
- What to watch out for. You must have a Triangle Mastercard to get financing. You must spend at least $150 on qualifying purchases. You can be charged an undisclosed interest rate on outstanding balances if you fail to pay the minimum amount due on a statement.
Costco financing
- How Costco financing works. Use your CIBC Costco Mastercard to make purchases and log them under the CIBC Pace It program to pay lower interest rates for a set term.
- What can I finance? Finance online and in-store Costco purchases up to your credit limit and set up multiple Pace It plans for various products.
- What to watch out for. There’s no interest-free offer. Interest rates run from 6.99% to 8.99% depending on the term. You need to sign up for Pace It through online banking or the CIBC mobile app (registration isn’t automatic). There is also a 2% installment fee of the purchase amount.
easyhome financing
- How easyhome financing works. Shop online from thousands of name-brand products, or visit a store in person to get 9-84 month term financing. easyhome financing is lease-to-own, meaning you rent the item and only own it once you make all your payments. You can apply for loans up to $20,000 in minutes without affecting your credit score.
- What can I finance? You can finance furniture, appliances, electronics, computers and other products (through the easyhome online store or at nearby easyhome locations).
- What to watch out for. This is an expensive option. There’s no interest-free promo period, and the APR ranges from 29.99% to 35.00% APR.
Home Depot financing
- How Home Depot financing works. Use your Home Depot consumer credit card for purchases over $299, and get 0% interest financing for 6, 12 or 18 months (24 months for Furnaces, Air Conditioners, Heat Pumps or Ductless Systems worth $1,999 or more).
- What can I finance? You can finance home decor, furniture, building materials, paint, garden supplies and other eligible products from Home Depot.
- What to watch out for. 28.8% (21.50% for Quebec residents) interest applies if you don’t fully pay off your purchase by the end of the term. Also, you can’t finance purchases under $299.
Leon’s financing
- How Leon’s financing works. Pay 0% interest during the promo term, after which interest applies. Choose a promo term of no payments over 6 or 12 months, or equal payments over 12 or 24 months.
- What can I finance? You can finance furniture, mattresses, appliances, electronics, outdoor supplies and other products sold at Leon’s.
- What to watch out for. 31.99% and 35.00% interest applies if you don’t pay off your purchase by the end of the term, and you might have to pay a deferral fee of $59.99 – $99.99. There’s a minimum purchase of $250 as well as a one-time admin fee of $29.95 – $99.95.
MDG financing
- How MDG financing works. Make weekly, bi-weekly or monthly payments with no interest for 12 months, after which 0% to 32% interest applies.
- What can I finance? You can finance computers, cameras, drones, tablets and other tech along with home furnishings and decor.
- What to watch out for. If you don’t pay off your purchase in 12 months, you’ll be charged 0% to 32% interest. Interest-free terms are limited to 12 months. The maximum credit limit is $3,200.
Memory Express financing
- How Memory Express financing works. Pay 0% interest during the promo period of 3, 6, 9 or 12 months, after which you'll be charged interest ranging from 30.49% – 35.90% AIR.
- What can I finance? You can finance computer hardware and software, gaming systems, TVs, cameras, home office equipment and various other electronics.
- What to watch out for. There's a minimum purchase of $500 on a 3, 6 or 9-month term and $1,000 for a 12-month plan. An admin fee of $49–$199 also applies to purchases under $5,000, with $99 to $879 on purchases over $5,000. After-promo rates run between 30.49% and 35.00%.
Newegg financing
- How Newegg financing works. Newegg offers financing through the Newegg Store Credit Card, provided by Synchrony Bank. This card provides special financing options, such as no interest if paid in full within 6 months on purchases of $199 or more, and within 12 months on purchases of $499 or more.
- What can I finance? The Newegg Store Credit Card can be used to finance products available on Newegg, including electronics, computer components, gaming systems, and more.
- What to watch out for. Interest will be charged to your account from the purchase date if the promotional purchase is not paid in full within the promotional period. Additionally, minimum monthly payments are required, and not all purchases may qualify for special financing.
PayPlan by RBC
- How PayPlan by RBC works. Get 0% to 19.99% financing on approved credit when you shop with select merchants. At checkout, you’ll be given a choice to pay for your purchase via PayPlan by RBC.
- What can I finance? It depends on the store you’re buying from. Some PayPlan by RBC merchants include IKEA, Rona and Woodland Mills.
- What to watch out for. Financing is only available with participating stores, and as of December 2024, there’s no public list of which retailers participate in the program.
Staples financing
- How Staples financing works. Pay no interest for 3, 6 or 12 months, and choose from deferred or equal monthly payments. If approved, you'll receive the Staples credit card, backed by Flexiti.
- What can I finance? You can finance electronics, computers, computer accessories, office supplies, small appliances, furniture and more.
- What to watch out for. Promo period is only available for up to 90 days, 6 months or 12 months. The after-promo rates are from 31.99% to 35.00%, and there a $29.99 – $59.99 administrative fee. You can only choose the deferred payment plan for in-store purchases.
What you need to know about in-store financing
In-store financing options are designed to give you the flexibility to buy what you want, when you want, without paying upfront. This type of financing is usually offered directly through the store or company where you’re making a purchase.
Unlike credit cards that feature 0% interest for a promotional period or interest-free grace periods when you meet payment requirements, these in-store financing agreements are offered by specific stores and can be available for longer periods of time. As a rule of thumb, newer items usually incur less interest than older items and are therefore cheaper to finance.
Which types of stores offer in-store financing?
There are a variety of retailers across Canada that offer in-store financing, including:
- Electronics outlets
- Furniture stores
- Hardware stores
- Wholesale retailers
- Retail stores
- Music shops
Can I get electronic financing with no credit check in Canada?
It’s difficult to get electronic financing with no credit check in Canada unless you opt for lease-to-own (also known as rent-to-own). Most lenders will at least conduct a soft credit check, which won’t affect your credit score like a hard credit check.
Whether or not you qualify for a 0% interest rate depends on whether you have strong credit. If you have bad credit, you could be denied financing.
Can I get electronic financing with bad credit?
Most store financing programs are offered on approved credit (OAC). You typically need a good to excellent credit score above 660 to get approved for financing. If you have bad credit and don’t have the funds to pay for your item upfront, try applying to online lenders that offer personal loans for bad credit.
Compare personal loans & credit cards to finance store purchases
7 of 38
Compare other products
We currently don't have that product, but here are others to consider:
How we picked theseFinder Score for personal loans
To make comparing even easier, we came up with the Finder Score. Interest rates, fees and features across 40+ personal loans are all weighted and scaled to produce a score out of 10. The higher the score the better the loan—simple.
7 of 42
Where do stores get the money to offer financing to customers?
There are two ways for businesses to provide customers with financing. The first is to manage the entire financing program in-house. This involves taking on the entire responsibility of evaluating applications, disbursing loans, settling customers’ bills and collecting payments. Businesses offering in-house financing solutions suffer the loss if customers default on their loans.
The second way to provide store financing is to outsource to a third-party company like Flexiti or Afterpay. In this scenario, a third-party company might receive customers’ applications from a merchant, provide a quick funding decision and (if approval is granted) pay the merchant the full cost of the customers’ bill. Customers repay the third-party financing company, which assumes the loan risk so the merchant doesn’t have to.
Many businesses choose to offer financing through third-party companies, because it’s easier and less risky. However, in return, merchants may have to pay financing companies a flat, monthly fee or a small percentage of each bill (often 1% – 5%). In some cases, third-party lenders might use merchants’ point-of-sale systems, charging no more than the usual fees for processing debit or credit transactions.
You might also be interested in...
Frequently asked questions
More resources on Finder
More guides on Finder
-
Loans if you’re on Ontario Works: Payday loans, cash advances & personal loans
Being on Ontario Works doesn’t mean you’re out of loan options.
-
Youdge review: Is it legit?
Wondering if Youdge is legit? Here’s what to expect from this new loan comparison platform in Canada.
-
Fig loans review: Rates, pros, cons & alternatives
Find out about the loan fees, features, and pros and cons of Fig Financial.
-
Instant Funding review: Is it legit?
Before you apply with instantfunding.ca, read this review to help you make an informed decision.
-
Personal loans in Alberta: Compare rates & terms
Compare personal loans available in Canada’s resource-rich province.
-
Loans for CPP recipients: No credit check options available
Compare CPP loans you can get approved for.
-
Emergency loans for rent—plus your alternatives
Compare lenders that can help you get a loan for rent, but you’ll want to make sure you consider all your financial options first.
-
Compare personal loans in Ottawa
Compare personal loans in Ottawa for good and bad credit scores.
-
E-Transfer loans you can get while on social assistance
Browse e-Transfer loans that accept social assistance in Canada. Apply online and get fast approval.
-
Get a $1,000 loan
If you need $1,000 for an unexpected financial expense, here are lenders who offer quick, unsecured $1,000 loans.