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.