Amazon 5 Monthly Payments

November 19, 2020
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Pro Tip: Get the best price on Amazon, here. If you're unable to pay in full for an expensive product, you're able to set up a 5-month payment plan if you and your item are eligible.

Amazon allows customers to set up payment plans on qualifying items. The only plan offered is a 5 month plan, but smaller ones are made when the price of an item isn't evenly divisible by 5.This plan is in place to help you afford more costly items, giving you more than enough time to pay it off.

Amazon charges each monthly payment to your preferred payment method. However, if your payment method isn't working (eg: credit card is expired) then Amazon charges you on the next available payment method.

Setting up your payment plan is simple. You just need to ensure that the item you're buying qualifies for monthly installments. This information is visible during your checkout process.

How to be eligible for Amazon 5 monthly payments?

  • Your account must be at least a year old
  • You must have a valid credit card
  • You must have good payment history
  • The product you're purchasing is a qualifying product for a payment plan

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