Buy Now, Pay Later (BNPL) services are gaining traction, as Americans still feel the pandemic’s financial pinch. By splitting up your payments, you can keep buying things as you usually do, even if you’re light on cash.
But with all the BNPL options out there, which one is right for you? Based on our research, you should look for a BNPL option that provides flexibility, doesn’t harm your credit score, has a low APR, and provides an ample credit line.
That’s why Zebit is our top choice for BNPL. Here are 4 reasons why you should apply for a BNPL account with Zebit:
Flexibility To Shop Where You Want
Zebit maybe the most unique BNPL service. Zebit offers members the flexibility to pay for anything they buy overtime at their online store. This also includes gift cards! Zebit members can finance gift card* purchases to stores like Macy’s, Target, Lowes, Banana Republic, Old Navy, Gap, and more. Members can use these gift cards to shop at their favorite stores. It’s just like creating your very own BNPL account at Target!
Zebit also allows you to shop at their online store. Zebit offers every type of product you can imagine. Electronics, beauty products, furniture, jewelry, clothing, baby items, and appliances. Shop directly from Zebit’s website for major brands like Tori Burch, Apple, MCM, Samsung, Fitbit, Kitchenaide, Sony Playstation - you’re not getting cheap stuff!
Now that’s flexibility!
No FICO Score Checks
Some BNPL services will do a hard credit check, which can temporarily ding your credit score. Again, Zebit doesn’t do that. To qualify for a Zebit account, you will need to be over 18, employed, retired, or disabled with benefits. Zebit will not rely on a FICO check to open an account.
Although you can get certain credit cards without a stellar credit score, some of those cards require a security deposit or high APR, which you might not be able to afford. Zebit doesn’t do that!
Not all BNPL companies offer a zero interest rate. Some can charge interest of up to 30% — much higher than the average credit card interest of 16.43%. And if your BNPL plan is linked to your credit card, payments will add to your card balance at a high APR. Not Zebit. Zebit offers consumers a no deposit, 0% APR line of credit to shop at their online store. Their 0% interest rate is the main attraction for many Zebit members.
A $2,500 Credit Limit
Qualifying for a credit card that allows for a $2,500 credit limit can be next to impossible. But with Zebit, the possibility is there. Zebit offers members the ability to qualify for enough credit to shop and make payments they can afford.
Spacing out your payments can alleviate the strain on your bank account. That’s what makes credit cards so invaluable. But, if you can’t qualify for a credit card that provides a large enough credit line, you should try Zebit. Zebit offers the ability to shop where you want and make payments you can afford.