IKEA UK introduces interest free financing service


IKEA UK introduces interest free financing service

IKEA UK has launched an interest free financing service which allows customers to ‘buy now, pay later’ on purchases above £99.

The new offer is available across all home categories for purchases up to £15,000 and gives customers access to affordable, convenient and flexible financing options, the retailer says.

A new digital application process allows customers to apply for interest free loans both online and in-store by providing a valid form of ID and home address for the last two years. Customers need to be over 18 to apply.

Loans will have repayment periods between three and 48 months, subject to the amount borrowed, IKEA says. 

David McCabe, Commercial Country Manager at IKEA UK and Ireland, said: “The new Finance Services are an important part of our ambition to make IKEA even more affordable for the many and makes applying for financial support more accessible and convenient for all customers. Whether it’s needed to support smaller updates or bigger projects, the new offer is designed to be flexible and fit customers’ individual needs. We hope this new service helps customers create the home they dream of and leads to a better everyday life.”

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