Google now offering financing for Google Store purchases

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Long a weak spot for Google in their ability to sell products through the Google Store, the company has teamed up with Synchrony Bank to offer new financing options for any purchase of $149 or more. The timing could not be better for Google with the release of new products today that qualify for financing options, including the Pixel phone and the new Google Home device. However, older devices also qualify like the Pixel C and the CASIO Smart Outdoor Watch.

Google and Synchrony are offering a couple different options for consumers. One path is a 24-month equal pay financing deal that will likely be of interest to buyers of the Pixel phones, although anything in the cart at the time of purchase can be financed in this manner. Consumers get a 0% APR on the 24-month option.

The second method is some special 6- or 12-month financing. On purchases between $149 and $299, buyers can get a 6-month deal and for anything over $299, they can get a 12-month deal. These options are for no interest if paid within the specified time. If the promotional balance is not paid in full, Google and Synchrony will go back and charge interest back to the date of purchase.

If a buyer trips up and ends up incurring interest, the rate is a whopping 29.99%, so it definitely pays to make sure you stay on top of payment due dates. All of the offers are subject to credit approval.

source: Google


About the Author: Jeff Causey

Raised in North Carolina, Jeff Causey is a licensed CPA in North Carolina. Jeff's past Android devices include an HTC EVO, a Samsung Note II, and an LG G3, and a Motorola Moto X Pure Edition along with a Samsung Galaxy Tablet 10.1. He currently uses a Samsung Galaxy S8 and (very rarely) a Nexus 7 (2013). He is also using a Verizon-branded Motorola Moto Z Play Droid supplied by his job. Jeff used to have a pair of Google Glass and a Moto 360 Sport in his stable of gadgets. Unfortunately, his wife and kids have all drunk the Apple Kool-Aid and have i-devices. Life at home often includes demonstrations of the superiority of his Android based devices. In his free time, Jeff is active in his church, a local MINI Cooper car club, and his daughter's soccer club. Jeff is married, has three kids, and a golden retriever.