How Does Afterpay Work? What You Need to Know


Large purchases can be a brutal hit to your wallet. But what if you could split a single purchase into multiple small payments? With Afterpay, you can shop in store or online with partnered retailers, breaking large purchases into smaller interest-free payments.

We’ll explore Afterpay, one of many buy now, pay later services, and examine whether it could be the right fit for you. Budgeting for a large purchase is generally the best advice, but sometimes you need to make an immediate purchase, and Afterpay could be the solution.

But is Afterpay as good as it sounds, or is it too good to be true?

What Is Afterpay?

Afterpay is a buy now, pay later service. An alternative to credit cards and personal loans, Afterpay allows you to make purchases and pay them off over time. If you have a large purchase, Afterpay can likely split it into smaller, more manageable payments.

You can shop online or at supported in-store locations. Some in-store Afterpay partners include PetSmart, Bed Bath & Beyond, Sephora, Urban Outfitters, DSW and Nordstrom Rack. Check Afterpay’s website to find supported retailers near you.

If you shop online, you can purchase with retailer partners by clicking the Buy Now, Pay Later option at checkout.

How Does Afterpay Work?

Afterpay makes the purchasing process easy. We recommend beginning your purchase by downloading the Afterpay app. The app will let you view your approved purchase limit and shopping discounts.

Downloading the Afterpay App

Once it has been downloaded, launch the app and begin the sign-up process by visiting the My Afterpay tab at the bottom of the screen. From here, click the Create an Account button. You will need to provide personal information to complete the process .

Once signed up, you can navigate the My Afterpay tab to view your preapproved spending limit. You can view current shopping promotions by visiting the Shop tab or keeping an eye on any accrued rewards points under the Rewards tab.



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