It’s sometimes difficult to pay for the entire cost of an item in one visit. Layaway helps you spread out payments over a period of time, easing the burden and stress of having to pay all at once.

Layaway is also ideal for people who don’t want to max out their credit cards and pay interest on holiday purchases. Walmart is one of the largest retailers in the United States, so lots of shoppers wonder whether they can get layaway on Walmart purchases. Good news — you can use layaway at Walmart (at least during the holiday season). Read on to find out all the details about layaway at Walmart.

In This Article

How Does Layaway Work at Walmart?

Walmart layaway lets you reserve purchases worth at least $50 or more by making a down payment and agreeing to periodic installments. The down payment must equal 10% of the total purchase, or $10, whichever is greater. Once you place an item on layaway, you then have 90 days to pay for your items. Once paid in full, you’ll be able to take your purchase home.

Layaway is available only during the holiday season. The “holiday season” starts in mid-September and ends in mid-December. Specific start and end dates can change year to year, and can also vary from store to store. If you want to put something on layaway near either cut off, check with your local store to find their exact dates. Certain store locations may offer layaway year-round for jewelry purchases.

Below, we’ve further broken down the layaway policy to help you find the exact information you need.

  • Minimums: Individual items must be $10 or greater, and the total purchase must be $50 or greater in order to qualify for layaway.
  • Returns: The standard Walmart returns policy applies to all layaway purchases.
  • Terms: You must make final payment and pickup within the 90-day window each year. You must pick up the items at the same store where you initiated layaway  — otherwise, the order will be canceled. If this occurs, the items will be returned to inventory and the down payment and payments made will be refunded, less a $10 cancellation fee. (The cancellation fee does not apply in Ohio, Maryland, Rhode Island, or District of Columbia.)
  • Pickup & Pay:You must initiate layaway at the Pickup Desk, but you can then make payments at any register (including the Pickup Desk). You cannot make payments online. When you make the final payment, you may be asked to pick up the layaway purchase from some other department within the store, such as the Gardening Center.

Walmart Layaway Benefits

  • Walmart’s layaway program allows you to shop for the holiday season even if you can’t initially afford the entire cost. This means that if you can’t or don’t want to pay the entire price of a hot ticket item, you can reserve the item before it goes out of stock and then space out smaller payments over a period of 90 days.
  • Walmart’s standard policies on returns and ad matching also apply to layaway purchases, meaning you can pursue refunds, exchanges, or price reductions.
  • There is no opening fee — only a 10% down payment that is applied directly to the overall cost of the item.
  • Walmart accepts coupons for layaway items.

Walmart Layaway Disadvantages

  • Only some items are available for layaway.
  • If you decide to cancel layaway purchases, you’ll be reimbursed for previous payment but you’ll charged a $10 fee. If you have more than one item in a layaway account and only cancel one item, this fee may or may not apply, depending on individual store policies.
  • You must pick up the reserved items and finish payment by the December end date.
  • Layaway is only available for the holiday season, which lasts from mid-September to mid-December.
  • Layaway is not available on the biggest shopping day of the year: Black Friday, the day after Thanksgiving.
  • In some cases, items must be stored off-site. In these cases, you’ll be given a longer grace period for pick-up.
  • Layaway is only available for in-store purchases only — it is not offered for online purchases.
  • You have to be 21 or older to put something on layaway.

Items Available for Walmart Layaway During the Holidays

Not every item sold at Walmart is available for the layaway program. Walmart offers layaway for the following items during the holidays (excluding Black Friday), as long as the items are each $10 or greater and the total purchase price of all items is at least $50:

  • Auto electronics
  • Electronics (except for wireless phones that require contracts)
  • Infant toys
  • Infant furniture
  • Jewelry
  • Large furniture
  • Select sporting goods
  • Small appliances
  • Toys

Other Stores that Offer Layaway

Walmart isn’t the only retailer to offer layaway. If you’re wondering whether another favorite store offers layaway options, worry not — we’ve researched some of the largest national chains to find stores that offer layaway programs, whether year-round or specifically in the holiday season. Here’s what we found:

1. Burlington Coat Factory & Baby Depot

2. H-E-B Plus

  • When is layaway offered? During the holidays only.
  • Fees: A down payment of either $10 or 10% of the purchase cost — whichever is greater. There are no initiation fees as long as the purchase is paid in full by the end of the holiday season. There is a $5 cancellation fee.
  • Available for online purchases? No
  • Restrictions: Layaway excludes food products.
  • Source: The H-E-B Plus layaway policy.
  • Find your nearest H-E-B Plus.

3. Kmart

  • When is layaway offered? Year-round
  • Fees: Vary, depending on the type of contract. An eight-week layaway contract involves a $10 down payment, a $5 set-up fee, and a $10 cancellation fee. A 12-week layaway contract involves a $10 down payment, a $10 set-up fee, and a $20 cancellation fee. There is a “no down payment” period, usually between September and November.
  • Available for online purchases? Yes, with a $0.01 down payment option.
  • Restrictions: Layaway excludes clearance items, Everyday Great Price items, Red Tag Special Buys, Deal Flash, Incredible Buys, personalized jewelry, and introductory offers.
  • Source: The Kmart layaway policy
  • Find your nearest Kmart.

4. Marshalls & T.J. Maxx

  • When is layaway offered? Year round at most stores. Some stores don’t offer layaway.
  • Fees: Layaway items can be held for up to 30 days with a minimum payment of $10 or 10% — whichever is greater. There’s a $5 non-refundable starting fee and a $5 cancellation fee (in most states).
  • Available for online purchases? No
  • Restrictions: Layaway excludes jewelry, food, items that have been marked down, and furniture.
  • Source: The Marshalls layaway policy (T.J. Maxx layaway will vary by location)
  • Find your nearest Marshalls or T.J. Maxx

5. Sears

  • When is layaway offered? Year-round
  • Fees: Vary, depending upon the type of contract. An eight-week layaway contract involves no down payment in-store and $0.01 online. There’s a $5 set-up fee, and a $15 cancellation fee. A 12-week layaway contract involves zero down payment in-store, a $10 set-up fee, and a $25 cancellation fee.
  • Available for online purchases? Yes, with a $0.01 down payment option.
  • Restrictions: Only certain items are available on layaway and will be marked as “Available for Layaway” if they are.
  • Source: The Sears layaway policy
  • Find your nearest Sears.

6. Toys “R” Us & Babies “R” Us

  • When is layaway offered? Year-round, including a special holiday layaway period.
  • Fees: A $5 set-up fee, which is waived if you take advantage of the holiday layaway offer. A down payment of 10% is required, and there is a $10 cancellation fee.
  • Available for online purchases? No. But you can make payments online for layaway contracts that were set up in-store.
  • Restrictions: Layaway excludes special orders, clothing, food, and baby formula.
  • Source: The Toys “R” Us layaway policy
  • Find your nearest Toys “R” Us or Babies “R” Us.

In Summary

Walmart layaway can be a great method for holiday shopping on a budget, as long as you plan carefully and budget wisely. If you’re looking for layaway shopping options outside of holiday season, Walmart isn’t the best option for you. However, be sure to check out some of the other stores we’ve listed for year-round layaway options. For even more options, check out this FQF article on 41 Places That Do Layaway: Both Online Layaway Stores and Local.