The Lease Purchase Program

KAY Jewelers offers a No Credit Needed* Lease Purchase Program through Progressive Leasing that provides the option to take your jewelry home today.

How Does it Work?

How to apply online or in-store:
 
  1. Apply online here or visit your local KAY for an instant decision.
  2. Shop online or in-store.
  3. Sign your lease agreement, make your initial payment $79, and take your jewelry home or have it shipped with you.
Why lease?
 
  • No credit needed*.
  • Fixed payments.
  • No late fees or hidden costs.
  • Alternative to using a credit card.
  • 90-day purchase option** available (cost more than the retailer's cash price except 3-month option in CA).
  • Additional flexible weekly, bi-weekly or monthly payment options.
  • Total cost will be displayed upfront, once you have selected your payment plan.
Things to consider:
 
  1. Requires an initial payment of $79.
  2. Acquiring ownership by leasing costs more than the retailer's cash price.
  3. You do not own the merchandise until it is paid in full.
  4. Must be 18 or older to apply.
  5. Requires a Social Security number or ITIN.
  6. Must have an active credit or debit card number.
  7. Requires bank routing and account number for an active checking account.
  8. One-time only loan, you will need to re-apply for subsequent purchases.
The initial payment (plus tax) is charged at lease signing. Remaining lease payments determined upon item selection.
*Progressive Leasing obtains information from credit bureaus, but a credit history is not required. Not all applicants are approved.
Ownership by rental/lease agreement with Progressive Leasing costs more than the retailer’s cash price. Select items only. At anytime, you may purchase early or return merchandise and cancel lease. Not available in MN, NJ, WI.
**Standard agreement offers 12 months to ownership. 90-day and other early purchase options cost more than the retailer's cash price (except 3-month option in CA). To purchase early or to cancel lease you must call 877-898-1970. Retailer cannot activate early purchase options.

Frequently Asked Questions

KAY Jewelers credit card, Progressive Leasing, and Affirm logos on light gray background

Payment Options That Fit You

When you have to have it, we've got your back. Discover our variety of payment options that make getting what you want easy.
Progressive Leasing Options at KAY | Kay