Helzberg offers a variety of payment and financing options for customers looking to purchase jewelry online.
Recognizing the need for flexibility in payment methods, the retailer aims to accommodate a wide range of budgets and preferences.
You can see Helzberg’s page about financing options here, or we’ll also provide a plain-English summary in this article.
Helzberg Finance Options
Helzberg offers a variety of financing options, including the Helzberg Diamonds Credit Card, a private account through Genesis Credit, Progressive Leasing, Affirm, Afterpay, and Klarna.
Each option has different terms and benefits, so it’s important to choose the one that best fits your needs.
Helzberg Diamonds Credit Card
The Helzberg Diamonds Credit Card, issued by Comenity Bank, provides several special financing plans. For purchases of $299 or more, you can take advantage of 6 months of no-interest financing if the balance is paid in full within that time. For larger purchases of $999 or more, you can extend the no-interest period to 12 months. However, with both options, interest will be charged from the purchase date if the balance isn’t paid off by the end of the promotional period.
For even larger purchases of $2,999 or more, you can opt for 36-month financing at a reduced APR of 9.99%. Be aware that if the balance is not paid within 36 months, the APR will rise to 35.99%, which is considerably high. This can make your purchase significantly more expensive if you don’t pay it off in time.
There are a few fees to consider with this card. A Promotional Plan Fee of 2% of the purchase amount may apply. Additionally, if you choose to receive paper billing statements, there’s a $2.99 monthly fee that you can avoid by opting for paperless billing. Keep in mind there’s a minimum interest charge of $3 in any billing period where interest is due.
Cardmembers can also benefit from exclusive offers and birthday discounts, but these perks are subject to certain conditions, such as account status and recent purchase history.
Genesis Private Account
The Genesis Private Account provides a revolving line of credit through Concora Credit, aimed at customers who may not qualify for the Helzberg Diamonds Credit Card. You can apply online and, if approved, use the account in-store. Be sure to review the specific terms provided by Genesis Credit, including interest rates and fees, before making a decision.
Progressive Leasing
Progressive Leasing offers a lease-to-own program, allowing you to make payments over time. Keep in mind that this will cost more than paying the full price upfront. This option isn’t available in every state; for instance, it’s not offered in Minnesota, New Jersey, Vermont, Wisconsin, or Wyoming. Make sure you understand the full cost of leasing before committing to this plan.
Affirm
With Affirm, you can split your purchase into monthly payments over 3 to 24 months, or choose four interest-free payments. Checking your eligibility for this option won’t impact your credit score, which can be helpful if you’re cautious about maintaining good credit.
Afterpay
Afterpay lets you divide your purchase into four interest-free payments over six weeks. There’s no minimum spend required, and approval is usually instant, making it a good option for smaller purchases where you want to avoid paying any interest.
Klarna
Klarna provides several payment plans to choose from. You can either split your purchase into four payments, pay in full within 30 days, or select a monthly financing plan. Like Affirm, applying won’t affect your credit score, giving you flexibility without the concern of a credit check.
PayPal
Using PayPal, you can choose to pay in four interest-free installments on qualifying purchases. It’s a convenient option if you already have a PayPal account and prefer to manage your payments through a familiar platform.
Helzberg Payment Options
In addition to their financing plans, Helzberg accepts a variety of other payment methods. You can use major credit cards like Visa, Mastercard, American Express, and Discover. PayPal is another option, providing both standard payments and the ability to split your purchase into interest-free installments.
If you have a Helzberg gift card, you can use it alongside other payment methods. For in-store purchases, cash, checks, and debit cards are also accepted. This range of payment options makes it easy to choose the method that works best for your financial situation.
Other Things You Should Know About Helzberg’s Financing Options
Multiple Shipments and Financing Plans
If your order involves multiple shipments, each shipment might be treated as a separate transaction under the financing plan. This means that you could end up with more than one promotional plan, each with its own terms and minimum payments. This can be especially important to know if you’re making a large purchase that may be shipped in parts.
Credit Card Fees and Minimum Payments
The Helzberg Diamonds Credit Card has a high APR of 35.99% for new accounts and a minimum interest charge of $3 whenever interest is due. If you’re on a deferred interest plan, be aware that you may need to pay more than the minimum monthly payment to clear your balance within the promotional period and avoid accrued interest.
Credit Approval and Application
Approval for all financing options, including the Helzberg Diamonds Credit Card, Genesis Private Account, and Progressive Leasing, is subject to credit checks. It’s a good idea to review your credit score before applying, as the terms you qualify for can vary based on your creditworthiness. This way, you can choose the best option available to you.
Paper Billing Fees
For the Helzberg Diamonds Credit Card, a $2.99 fee applies each month you receive a paper billing statement. To avoid this charge, you can switch to paperless billing and receive your statements via email instead.
Where to apply for Helzberg financing
Learn more and apply at on the Helzberg website here
