Layaway all year-round? Is it real? Although the rise of consumer credit cards means layaway programs are on the decline, certain stores do offer layaway year-round, including Buckle, Burlington, and Sears. We have the list of places that offer year-round layaway, plus information about layaway alternatives at several popular retailers.
The List of Stores With Year-Round Layaway
While layaway is becoming less prominent with the rise of consumer credit cards and other payment options, there are still stores that offer the service. Layaway lets you put items on hold and make payments on them over time. After you make your final payment, you can take the items home. The holiday season is the most popular time to find out about layaway programs, as they are often advertised in stores, but many of these stores offer layaway year-round. We have the list of stores with year-round layaway.
All Buckle stores offer in-store layaway for a minimum deposit of 20% down. You can put items on layaway at Buckle any time during the year. There are no additional fees or interest charges associated with a Buckle layaway. The retailer suggests making payments at least every two weeks, with the full balance due within 60 days. If you don’t pay your layaway balance within 60 days, your items will be placed back on the sales floor.
You can place items on layaway at Burlington any time during the year. Burlington requires a minimum 20% deposit and $5 service fee to do a layaway. You will also need to pay the balance off in full within 60 days. If you decide to cancel your layaway, Burlington will charge a $10 cancellation fee. You will then receive a refund of your deposit and any payments made in the form of a Burlington gift card.
Kmart offers two year-round layaway plans, each for a down payment of $10. Contracts are available for eight- or 12-week terms, with payments due every two weeks. A $5 or $10 service fee applies, depending on the length of your contract. To sign up for a 12-week layaway contract, your total purchase price must be at least $300, you must be in-store, and you cannot live in Maryland or Washington D.C. There is also a $10 cancellation fee for eight-week contracts and a $20 cancellation fee for 12-week contracts. There is no cancellation fee in the state of Ohio, according to Kmart’s terms and conditions. Some items may be excluded from layaway; contact your local store for details.
Select Marshalls stores offer year-round layaway. You can find these stores by looking for the “Layaway Available” icon in the retailer’s store locator. The deposit for layaway at Marshalls costs the greater of $10 or 10% of the total purchase price. There is also a non-refundable $5 service fee. Marshalls will hold items for up to 30 days, at which point your balance is due in full. If you cancel your layaway, Marshalls will charge a $5 cancellation fee. Exclusions apply to food, furniture, jewelry, and select sale items.
Sears offers year-round layaway for select items. A layaway deposit will cost the greater of $10 or 10% of the total purchase price of the item. Like Kmart, Sears’ layaway contracts are available in eight- or 12-week terms, with payments due every two weeks. A $5 or $10 service fee applies, depending on the length of your contract. If you are more than seven days late on a payment, Sears may cancel your layaway. Cancellation fees are $15 for eight-week contracts and $25 for 12-week contracts (cancellation fees are different in Ohio, Maryland, and Rhode Island; see Sears’ terms and conditions for details). If you do not pick up your items within 15 days of your final payment, Sears will cancel your layaway, deduct the cancellation fee from your refund, and return your items to the sales floor.
Select T.J. Maxx stores offer year-round layaway. You can find these stores by the designated “Layaway Available” icon in the store locator online. The terms for T.J. Maxx layaway contracts vary by store; contact your local T.J. Maxx for more information.
All Walmart stores offer holiday layaway between Aug. 30 and Dec. 9; select Walmart stores offer year-round layaway for jewelry only. There is no service fee to put items on layaway at Walmart, but you’ll need to make a deposit of $20 or 20% of the purchase price, whichever is greater. Individual items must cost at least $10 and your total purchase must be at least $50 to qualify. You can make payments at any time, but the balance must be paid in full and picked up by Dec. 10. Items that are not paid for or picked up on time will be canceled for a fee of $10, refunded, and returned to the sales floor. Exclusions may apply on certain items and on certain holidays, like Thanksgiving; contact your local store for details.
Layaway Policies at Other Popular Retailers
The following retailers don’t have traditional layaway programs but offer alternatives to paying for your items upfront and in full at the time of purchase:
- Bed Bath & Beyond does not have layaway, as we reported in our article on Bed Bath & Beyond’s store policy. It does, however, have a deferred-interest rewards credit card available.
- Big Lots doesn’t offer traditional layaway services but does have a progressive leasing program. Progressive leasing allows you to take your items home while making payments on a lease-to-own agreement.
- Pier 1 does not have layaway, but the My Pier 1 Rewards credit card has 12 months of special financing available.
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There are a few stores with year-round layaway, including Burlington, Kmart, and Sears. Stores that don’t have layaway may offer other types of financing, such as deferred-interest credit cards or lease-to-own programs. For more information on layaway programs, see our article: Places That Do Layaway: Both Online Layaway Stores and Local