Financial services
At IKEA, we think everyone deserves a well-designed, functional home – and that paying for it shouldn’t be difficult.
That's why we offer flexible payment options that allow you to realize your dream home today.
Pay in 4 interest-free* payments with Afterpay | PayPlan by RBC™ | FAQ
Explore our financial service options
Four interest-free* payments with Afterpay
Afterpay allows you to split your purchase into four interest-free* payments.
The first payment is taken when the order is placed and the remaining three are automatically processed every two weeks.
Available for purchases between $50 and $2,000 including services and taxes.
Currently available for online purchases only.
Afterpay benefits
Flexible payments
Split your purchase into four installments with Afterpay, giving you the freedom to manage your budget without interest or fees.
Instant Approval
Sign up quickly and easily with Afterpay, to start using today.
Interest-free* shopping
Enjoy interest-free* payments with Afterpay.
PayPlan by RBC™
You can spread the cost of larger purchases over time with a PayPlan by RBC installment loan. Shop with confidence and manage your budget.
- Quick and easy application process
- No hidden fees or early repayment penalty
- When shopping in-store, simply look for the PayPlan by RBC QR code and scan it to get started
- When shopping online, choose PayPlan by RBC financing as your payment option at checkout
PayPlan by RBC loans are provided by RBC Ampli Inc, a wholly owned subsidiary of Royal Bank of Canada, or Royal Bank of Canada as applicable, and are subject to its standard lending criteria. For further details, please refer to your loan agreement.
PayPlan by RBC™ benefits
Quick and easy
Go from browsing to buying using a simple application process - applying will not impact your credit score⁰.
Pay over time
Break down larger costs and select the repayment term that's best for you.
Transparent lending
No hidden fees or prepayment penalties.
Frequently asked questions
Find the answer to your question in our knowledge portal or view the frequently asked questions below. For best results, please keep your question to less than 5 words.
Terms & conditions
® / ™ Trademark(s) of Royal Bank of Canada. RBC and Royal Bank are registered trademarks of Royal Bank of Canada. Used under license.
PayPlan by RBC loans are provided by RBC Ampli Inc, a wholly owned subsidiary of Royal Bank of Canada, or Royal Bank of Canada as applicable, and are subject to its standard lending criteria. For further details, please refer to your loan agreement.
^ Promotional offer of 0% APR for 24 months valid on eligible transactions between $4,000 and $20,000 (after tax) made in-store and online until December 31st, 2026. Additional terms and plan options are available and are subject to change/cancellation without notice. Promotional and standard rates vary depending on amount borrowed and term selected and range from 0% to 9.99% APR. Approved applicants may select among 0% APR for a 12-month term regardless of amount borrowed, or if qualified, may be eligible for 9.99% APR for 24-, 36- or 48-month terms depending on amount borrowed. Example: On a $5,000 loan, a qualified applicant could pay $416.67 per month with a 12-month term at 0% APR OR $161.32 per month with a 36-month term at 9.99% APR.
*PayPlan by RBC financing and installment loans are not available for IKEA Food products purchased at the IKEA Swedish Food Market, IKEA Restaurant, IKEA Bistro; IKEA gift cards; third-party services not billed by IKEA.
⁰After your loan is accepted and begins, RBC Ampli Inc. and/or Royal Bank of Canada, as applicable, may report your monthly and final repayment status to credit reporting agencies, which may show up on your credit report and impact your score.