Finance

Pictogram of a credit card and two coins.

Interest-free credit

We offer interest-free credit (0% APR Representative) in all areas of the store. Take advantage of our 12-month interest-free credit option available when you spend £600 or more, our 24-month option available when you spend £1,200 or more or our 36-month option available when you spend £3000 or more.

Interest-free credit Terms and Conditions

IKEA Limited acts as a credit broker, not a lender and only offers credit products for Ikano Bank AB (publ). Credit is provided by Ikano Bank AB (publ) and is available subject to status to UK residents aged 18 or over. Ikano Bank is authorised in Sweden by Finansinspektionen, the regulator for banks in Sweden,
and is subject to limited regulation by the Financial Conduct Authority. Ikano Bank is a trading name of the UK branch of Ikano Bank AB (publ), which is registered with branch number BR016253. The registered office of the UK branch of Ikano Bank AB (publ) is Waterfront House, Waterfront Plaza, Station Street, Nottingham, NG2 3DQ.

Terms and conditions apply – Applicants must hold valid proof of identification: current UK credit, debit or store card, UK driving licence, UK passport or British Forces ID card. A £10 down payment is required from the applicant’s current UK debit card. This is deducted from the total purchase price before calculating the loan amount and monthly repayment which are taken via direct debit.

Interest-bearing loan

When you take out an interest-bearing loan (7.9% APR Representative), to purchase your IKEA furniture, you can spread the cost over 12, 24, 36, 48 or 60 months with fixed payments. You can borrow from as little as £300 at a representative 7.9% APR (7.6% interest fixed) and there are no hidden set-up, arrangement or early settlement fees, so you know exactly what you will repay.

Loan period

Chart of example loan periods and cost per month including interest rates.

0% APR Representative

Interest-free credit example:
Total product amount: £930
Down payment: £10
Total loan amount: £920
11 monthly repayments of: £76.67
One final payment of: £76.63
Total amount payable is: £920
Representative: 0% APR
Rate of interest: 0% fixed

7.9% APR Representative

Interest-bearing loan example:
Total product amount: £930
Down payment: £10
Total loan amount: £920
23 monthly repayments of: £41.57
One final payment of: £41.57
Total amount payable is: £997.67
Representative: 7.9% APR
Rate of interest: 7.6% fixed

You can also finance the cost of installation - for more information, talk to a co-worker in the store. Please note, the finance option threshold you qualify for is determined by the purchase price of your IKEA product(s) only, the cost of installation will not be taken into account.

IKEA Limited acts as a credit broker, not a lender and only offers credit products for Ikano Bank AB (publ). Credit is provided by Ikano Bank AB (publ) and is available subject to status to UK residents aged 18 or over. Ikano Bank is authorised in Sweden by Finansinspektionen, the regulator for banks in Sweden, and is subject to limited regulation by the Financial Conduct Authority. Ikano Bank is a trading name of the UK branch of Ikano Bank AB (publ), which is registered with branch number BR016253. The registered office of the UK branch of Ikano Bank AB (publ) is Waterfront House, Waterfront Plaza, Station Street, Nottingham, NG2 3DQ. Terms and conditions apply – Applicants must hold valid proof of identification: current UK credit, debit or store card, UK driving licence, UK passport or British Forces ID card. A £10 down payment is required from a current UK debit card. This is deducted from the total purchase price before calculating the loan amount and monthly repayment which are taken via direct debit.

You can also finance the cost of installation - for more information, talk to a co-worker in-store. Please note, the finance option threshold you qualify for is determined by the purchase price of your IKEA product(s) only, the cost of installation will not be taken into account.

Finance options may differ in stores. For more information, please speak to a co-worker in-store. Currently not available for online purchases.