Installments
Shop Pay offers you the option to pay in full at checkout, or to split your purchase into regular payments with Shop Pay Installments, both online and in store. Installment options vary by store and can be used on orders over $50 USD, including discounts, shipping, and taxes.
Payment plans
Purchases between $50 USD to $17,500 USD are eligible for Shop Pay Installments, with options to:
Pay in 4 for purchases $50 to $999
- Interest-free payments every 2 weeks
- No impact to your credit score
Pay monthly for purchases $150 to $17,500
- 3, 6, or 12-month terms
- Rates from 0-36% APR
- No impact to your credit score to apply
Note: Minimum purchase amounts may vary by retailer.
Eligibility requirements and credit score
You must be over the age of 18, reside in the US, and be paying in USD to use Shop Pay Installments.
Your credit scores aren't impacted if your purchase is split into 4 bi-weekly payments using Shop Pay Installments. If your purchase is split into monthly payments, then your payments may be reported to a credit bureau.
Note: To use Shop Pay Installments you need a US shipping address.
Fees or penalties
For purchases split into 4 bi-weekly payments, there are no additional charges or interest rates applied. Purchases split into monthly payments may be subject to interest.
You can pay your balance off early without penalty.
There are no late fees. However, partial or late payments may affect your ability to use Shop Pay Installments in the future.
Terms of Service
Learn more about Affirm’s terms of service or Shop’s terms of service.
Disclosure
Rates from 0-36% APR. Payment options through Shop Pay Installments are subject to an eligibility check and are provided by these lending partners: affirm.com/lenders. Options depend on your purchase amount, and a down payment may be required. State notices to consumers: affirm.com/licenses.
For example, a $800 purchase could be split into 12 monthly payments of $72.21 at 15% APR, or 4 interest-free payments of $200 every 2 weeks.
Affirm is the originator and servicer of Shop Pay installments, but payments are managed in your Shop Pay account.
Checkout experience using Shop Pay Installments
- Add items to your cart.
- Check out using Shop Pay.
- In the Payment method section, select Pay in installments and tap Continue to payment plans.
- Verify any requested information and select your preferred payment plan.
- Select a card to use as your payment method. Note: Monthly payments require a debit card. Credit cards are only accepted as payment methods on installment plans of 4 bi-weekly payments.
- Confirm your billing and shipping information is correct. Note: Your address needs to be in the United States.
- Click Continue.
- If required, enter the 6-digit code sent by Shop Pay to your phone.
- If you agree to the terms, select the Agree checkbox and then complete your purchase. If you don’t agree to the terms and conditions, then you can’t pay using Shop Pay Installments.
After you select Shop Pay Installments, review your purchase. Your payment schedule will be determined by the installment option you select, and you’ll get an email reminder before each payment is charged in case you want to change your payment method.
For more information about Shop Pay Installments, please see their help center HERE.