Does Target Offer a Layaway Purchasing Option? [See Alternatives]

5 mins read

It might sound like a blast from the past, but layaway can still be a great option when paying in-full for your purchases upfront just isn’t in the cards. Target, one of the most popular big box department stores in the world, is a common choice for large purchases.

But do they offer layaway? If you’re wondering about the answer to this question, or if you’re wondering what layaway even is, keep reading!


Does Target Have Layaway?

Unfortunately, Target does not offer traditional layaway in any form. But with plenty of other payment options available, including payment plans that allow incremental payments, Target can still be a flexible and accessible place to shop.

How Does Layaway Work?

Layaway is a purchasing method that involves placing a deposit on an item, then paying for the rest of the cost at a later date, either in one lump sum or in incremental payments. The big difference between layaway and purchasing on credit is that the customer does not get to take the item home until all payments have been completed in full. This requires stores to keep partially paid purchases on site until the purchase is completed.

Pros and Cons of Layaway

While layaway can be a great option, there are boths pros and cons. Check out these lists for a full breakdown.


  • Secure an item for yourself without having to pay in full upfront
  • Pay in installments over time
  • Afford higher price tag items without needing credit
  • Never pay interest
  • Avoid losing out on high-demand items even if you can’t afford them right away


  • You won’t receive your item until all payments are completed
  • Many stores do not offer layaway due to storage limitations
  • Transaction and late payment fees can add up
  • Risk of overspending in the long run

Does Target Accept Other Payment Plans?

Even though Target doesn’t offer a traditional layaway option, they offer plenty of other flexible payment plans to make higher cost purchases friendlier to your wallet. Check out this list of layaway alternatives offered by the popular chain.

  • Target RedCard Credit Card
  • Target Mastercard®
  • Afterpay
  • Klarna
  • Zip
  • Affirm
  • Sezzle 

Stores That Accept Layaway Plans

While Target may not offer layaway, there are plenty of other major retailers that do. Check out this list to find out which stores offer traditional layaway programs.

  • Kmart
  • Sears
  • Burlington
  • Hallmark Gold Crown
  • American Freight
  • Jewelry Exchange
  • Shane Co.
  • Big Lots


Can you do layaway online at Target?

Unfortunately, Target does not offer any form of traditional layaway program. All purchases must be paid for and either shipped or picked up in-store within 3 days of purchase. However, Target does accept plenty of “buy now, pay later” options, such as Afterpay, Klarna, Zip, Affirm, and Sezzle. They also of course accept traditional credit cards through Target RedCard and other major credit card providers.

Does Target do holiday layaway?

Target does not offer any form of traditional layaway program, including holiday layaway. To get a jump on your holiday purchases, consider signing up for a program like Target RedCard, Afterpay, or Affirm to make sure you’ll be able to secure your items in time for the holidays before paying for them in full.

Does Target have layaway for electronics?

Target does not offer any form of traditional layaway program, which includes their high price tag electronics. Instead of layaway, the store offers options like the Target RedCard Credit Card and Mastercard®, Afterpay, Affirm, and other “buy now, pay later” options. Check out the store’s website for a full list of accepted payment options.

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