Does Walmart Have Layaway in 2017?

Image Credit: Mike Mozart

Walmart offers layaway during the holiday season. Layaway allows shoppers to set aside items at a Walmart store, which they will later purchase. The shopper pays a down payment to Walmart to initiate the layaway process. Below are some answers to common questions regarding the layaway process”

Q:

What is the down payment amount?

A:

The greater of 10% of the merchandise total or $10.00.

Q:

Is there an opening fee?

A:

No.

Q:

What is the layaway minimum?

A:

A single item must be $10 or greater. The total purchase needs to be $50 or greater.

Q:

When does Walmart layaway start?

A:

You can begin using layaway at Walmart starting September 1st. You have until December 11th to pay for your items in full and pickup your items. Your items must be obtained from the store where you started the layaway process. Note that layaway is unavailable on Thursday, November 23rd.

Q:

Is Walmart layaway available for online purchases?

A:

No, layaway applies only in Walmart store.

Q:

What type of items can I put on layaway?

A:

The following items are available for layaway:

  • Electronics (does not include wireless phones that need contracts)
  • Toys
  • Infant Furniture
  • Small Appliances
  • Auto Electronics
  • Large Furniture
  • Certain Sporting Goods and Jewelry. Inquire at your local Walmart.

Q:

Is there a cancellation fee?

A:

Yes, the cancellation fee is $10. You will receive a refund for your down payment if it exceeds the $10 fee charged. The fee is not applicable in Maryland, Rhode Island, Washington D.C., or Ohio. Once your items are canceled, they will be returned as inventory in the store.

Q:

Should you use Walmart layaway?

A:

Layaway can be a good way to plan ahead for purchases while not having to potentially use a high interest credit card.

See your local Walmart service desk for additional details on their layaway policies.