How to use snap finance virtual card

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Obtaining and using a Snap Finance Virtual Card involves two clear stages:

Obtaining the Snap Finance Virtual Card:

a. Apply for lease-to-own financing:

  • Apply online at snapfinance.com or through the mobile app.
Provide basic information like name, address, income, and employment details.b. Get approved:Upon approval, receive a lease-to-own agreement with terms and conditions.
  • Agreement includes the financed amount, repayment schedule, and interest rate.
c. Activate your virtual card:

Accept the agreement to receive a unique, single-use virtual card number.

Access the virtual card details through your Snap Finance account.

Using the Snap Finance Virtual Card:

a. Locate participating retailers:

  • Use Snap Finance’s store locator to find stores specializing in furniture, mattresses, tires, appliances, electronics, and jewelry.
b. Initiate checkout:
  • Proceed to checkout at the chosen retailer, online or in-store.
c. Enter virtual card details:
  • Select “credit card” payment option.Enter Snap Finance virtual card number, expiration date, and security code.
d. Complete the transaction:

Once card details are accepted, the purchase will be approved.

The agreed-upon amount will be debited from your account based on the lease-to-own agreement.

Can I use a snap finance virtual card anywhere?

No, you cannot use a Snap Finance virtual card anywhere. While it functions like a typical credit card during the transaction, it has specific limitations on where it’s accepted:

Accepted Retailers:

  • Snap Finance cards are primarily designed for specific categories of purchases, not for general use. They are accepted at stores specializing in:
    • Furniture
    • Mattresses
    • Tires & wheels
    • Appliances
    • Electronics
    • Jewelry
  • You can find participating merchants using the Snap Finance store locatorhttps://snapfinance.com/find-stores/undefined/undefined/undefined
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Not Accepted:

  • General retailers: You cannot use your Snap Finance card at “big box” stores, department stores, restaurants, gas stations, clothing stores, and similar businesses that don’t focus on durable consumer goods.
  • Non-participating merchants: Even within the accepted categories,

How do I use snap finance at checkout?

The method for using Snap Finance at checkout depends on whether you’re shopping online or in-store at a participating merchant:

Online:

  1. Find a participating retailer: Use the Snap Finance store locator (https://snapfinance.com/find-stores/undefined/undefined/undefinedhttps://snapfinance.com/find-stores/undefined/undefined/undefined) to ensure the online store offers Snap Finance financing.
  2. Add items to your cart: Select the items you want to purchase and proceed to checkout.
  3. Choose Snap Finance as your payment option: Look for the Snap Finance logo or banner during checkout. Click on it to initiate the application process.
  4. Complete the application: Provide your basic information and answer questions about your income and employment. You’ll receive an instant decision.
  5. Review and accept the terms: If approved, carefully review the lease-to-own agreement outlining the amount financed, interest rate, and repayment schedule. Accept the terms if you agree.
  6. Activate your virtual card: You’ll receive a unique, single-use virtual card number upon agreement acceptance. Store it securely.
  7. Enter virtual card details: During checkout, select the “credit card” payment option and enter your Snap Finance virtual card number, expiration date, and security code.
  8. Complete the purchase: Once the card details are accepted, your order will be confirmed, and the amount will be debited from your account according to the agreement.

In-store:

  1. Confirm the store accepts Snap Finance: Check with the store or look for signage advertising Snap Finance financing.
  2. Select your items: Choose the products you want to purchase.
  3. Inform the cashier about Snap Finance: Let the cashier know you’d like to finance your purchase with Snap Finance.
  4. Apply through the store’s system: You might complete a quick application on a tablet or provide basic information to the cashier.
  5. Follow on-screen instructions: Similar to the online process, review and accept the agreement, activate your virtual card, and provide the card details for the transaction.
  6. Finalize the purchase: Once approved and the card is accepted, the store will complete your purchase.

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