The content on this page is accurate as of the posting date; however, some of the offers mentioned may have expired.

News: Affirm Introduced The New Affirm Card - Credit-Land.com

The Affirm Card will allow Americans to pay upfront from their bank account or pay later by using the buy now, pay later (BNPL) feature.

Affirm is a platform that allows users to pay for online purchases in small installments. Recently the company announced its plans to offer a debit card that can be used everywhere - in stores and online - and will give direct access to Affirm's pay-over-time functionality.

The new Affirm card basically combines a debit card and a credit card. It won't offer credit card benefits like rewards or protections, though. The card's pay-over-time feature may look similar to already existing Pay It Plan It feature from American Express, Citi Flex Pay (Citi is a Credit-Land.com advertising partner), and My Chase Plan, which allow credit cardmembers to set up installment plans to repay certain transactions on a fixed schedule.

The details of the new Affirm Card haven't been disclosed yet. Affirm promises that their card will have no fees (no late fees, no prepayment fees, no annual fees, and no fees to open or close your account) and says that installments are interest-free for eligible purchases. We also do not know what financing company is going to issue the cards.

The Affirm Card is expected to be broadly available later this year, and now anyone interested can join the waitlist to get early access.

tags : Loans Shopping Debit Cards

Disclaimer: This editorial content is not provided or commissioned by the banks or credit card issuer(s). Opinions expressed here are the author's alone, not those of the banks or credit card issuer(s), and have not been reviewed, approved or otherwise endorsed by the banks or credit card issuer(s). Reasonable efforts are made to present accurate info, however all info is presented without warranty. Consult with the issuing bank of the card or account for terms & conditions.
All rates and fees, and other terms and conditions of the products mentioned in this article/post are accurate as of the last update date but are subject to change. See the current products' Terms & Conditions on the issuing banks' websites.

This content is not provided by Citi. Any opinions, analyses, reviews or recommendations expressed here are those of the author’s alone, and have not been reviewed, approved or otherwise endorsed by the Citi.