Amazon 5 Monthly Payments stopped!

Zeebedy · 8 Feb 2023 at 15:42

Hey,

(I couldn't see this anywhere else on the forum).

But I like using Amazon pay over 5 months policy for certain things that I cannot get online, weather is OCUK or somewhere else.

I contacted Amazon today to confirm, and yes, its official, they stopped this service a few days ago!

Worked great and was seamless to check everything in your account (payments etc.).

Gutted tbh, just means I will need a little more patience and save up beforehand!

subbytna · 8 Feb 2023 at 16:06

Paypal do a similar thing but it's 3 months

Moobert · 8 Feb 2023 at 16:10

Still available for myself on a few items I was looking at today. Is it being phased out completely?

Zeebedy · 8 Feb 2023 at 16:12

subbytna said:
Paypal do a similar thing but it's 3 months

yeah, but i think a credit check would be required? Amazon, there is not one present.

Moobert said:
Still available for myself on a few items I was looking at today. Is it being phased out completely?

yeah, I contacted Amazon out of curiosity and they confirmed this.

Deluxe · 8 Feb 2023 at 17:30

I've just checked some items in my wish list, still there for me.

I've found it quite useful.

azazl187 · 8 Feb 2023 at 17:40

I too really liked this option. I have something on the 5 monther right now infact.

I also use PayPal's pay in 3

glenimp617 · 8 Feb 2023 at 18:29

I've used it once in the past and thought it was great. Maybe it was open for abuse somehow, or the fees they had to pay the bank was too high :confused:

robfosters · 8 Feb 2023 at 18:33

There’s lots of options for 3 month payments now though. But it was a handy feature.

I bet they was getting knocked too much. There didn’t seem to be any credit agreement involved at all, purely trust.

It’s still showing for me though. Also showing me another option on expensive items like cameras and TV’s that allows me to spread over 12 months. Never seen that before.

Werewolf · 8 Feb 2023 at 19:03

I wonder if it's "stopped" or it's "stopped" being offered if you hit a certain number of active purchases with it, IIRC there was a warning a while back about this type of credit because some companies were basically just letting people do it all the time, so it might well be that Amazon have decided that once you've got X amount owed or Y number of concurrent payments for different purchases they'll put a hold on offering it to customers (or offer a different payment scheme).

jsbombjack · 8 Feb 2023 at 20:20

I've used it in the past, and used the 12 month option for a new phone today. Seemed to all go through well enough. It's the amazon version I used, not the barclays underwritten thing

Tombstone · 8 Feb 2023 at 20:23

I used it for 2 items last week, so its still going.

hyperseven · 8 Feb 2023 at 20:26

Just checked some nvme drives and still an option :confused:

robfosters · 8 Feb 2023 at 20:27

Werewolf said:
I wonder if it's "stopped" or it's "stopped" being offered if you hit a certain number of active purchases with it, IIRC there was a warning a while back about this type of credit because some companies were basically just letting people do it all the time, so it might well be that Amazon have decided that once you've got X amount owed or Y number of concurrent payments for different purchases they'll put a hold on offering it to customers (or offer a different payment scheme).

5 month option is usually max 3 purchases

explicit4u · 8 Feb 2023 at 20:30

Is the Barclays bit new? Could've sworn it never used to go through Barclays for the monthly payments.

builder22 · 8 Feb 2023 at 20:34

hyperseven said:
Just checked some nvme drives and still an option

yeah I just searched nvme drives and it's still an option

Zeebedy · 8 Feb 2023 at 21:10

I dont understand it. Still nothing here! :confused:

I have never missed a payment, and not renewed anything in several weeks, and only a few days ago the option is no longer there?

Not like I have "used up any allowance"? Strange, not that I need it but it was a good system that was implicated well, and monitoring everything was a breeze.

Tombstone · 8 Feb 2023 at 21:13

Zeebedy said:
I dont understand it. Still nothing here!

I have never missed a payment, and not renewed anything in several weeks, and only a few days ago the option is no longer there?

Not like I have "used up any allowance"? Strange, not that I need it but it was a good system that was implicated well, and monitoring everything was a breeze.

Perhaps someone could link an item that has it on for them and see if it shows for you too?

Zeebedy · 8 Feb 2023 at 21:15

Tombstone said:
Perhaps someone could link an item that has it on for them and see if it shows for you too?

as an example though..

I ALWAYS was offered the 5 month plan on a Elite Series 2 XBOX controller, tried that and nope! :confused:

and some others saved in my list, all back to "one off payment"?

I might phone then and say whats happening, but have some "friends" who have no issue with this service.

Tombstone · 8 Feb 2023 at 21:18

Zeebedy said:
as an example though..

I ALWAYS was offered the 5 month plan on a Elite Series 2 XBOX controller, tried that and nope!

and some others saved in my list, all back to "one off payment"?

I might phone then and say whats happening, but have some "friends" who have no issue with this service.

Here we go

https://www.amazon.co.uk/Russell-Hobbs-RH60EDOEH6001B-Freestanding-Functions/dp/B099NP24M3/ref=mp_s_a_1_3?keywords=cooker&qid=1675891054&sr=8-3

Thats showing a 5 monthly option for me.

steve45 · 8 Feb 2023 at 21:20

I used it quite a few times to soften the blow on large ticket items, I noticed it stopped offering it on a lot of items that it previously would have, I noticed this a few months back when I was looking for a new laptop. Its still showing for quite a number of items for me, but not the type of stuff i'm interested in buying...