Affirm Becomes Exclusive Pay-Over-Time Provider at Sam's Club
Affirm launches as the exclusive pay-over-time provider at Walmart's Sam's Club in a multiyear deal. It goes live on SamsClub.com in the coming weeks, with in-club availability planned for 2027.
Affirm (AFRM) announced an exclusive, multiyear partnership with Walmart's (WMT) Sam's Club, becoming its exclusive pay-over-time provider for eligible purchases. Affirm will be available on SamsClub.com in the coming weeks, with plans to expand to Sam's Club locations in 2027, according to Affirm's October 22 announcement.
How it works
| Item | Detail |
|---|---|
| Provider status | Exclusive pay-over-time provider for eligible purchases, under a multiyear agreement |
| Online launch | SamsClub.com, in the coming weeks |
| In-club launch | Planned for 2027 |
| Checkout | Real-time eligibility check for each purchase; shoppers see every payment and the payoff date before committing |
| Fees | No late fees; interest does not compound |
| Rates | 0%–36% APR depending on credit; Affirm Pay in 4 is 0% APR |
| Minimum | Payment options apply to eligible purchases of $500 or more; a down payment may be required |
Approved shoppers can split purchases, such as electronics and household goods, into monthly installments with fixed, disclosed payment schedules. Affirm's disclosures give one example: a $400 purchase with an $80 down payment, followed by 12 monthly payments of $28.88 at 15% APR, or four interest-free payments of $100 every two weeks. In the 12-month example, the total comes to about $426.56, or about $26.56 in interest, by our calculation. Options vary by purchase amount and merchant, and eligibility is determined at checkout.
What Affirm said
Affirm Chief Revenue Officer Wayne Pommen said, "Making every dollar count shouldn't stop at checkout," adding that shoppers know what they will owe and can choose a plan that fits their lives. Affirm said it never charges late fees, and that its loans are made by lending partners, since Affirm is not a bank.
Sources: Affirm: Affirm launches as exclusive pay-over-time provider at Sam's Club. This is informational, not a recommendation to buy or sell.
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