No — Cinch is not a payment option or a BNPL service.
Cinch isn’t offered as a payment method at checkout. Instead, Cinch provides a subscription-based leasing service, where you pay monthly to use the latest gadgets for a selected subscription term.
With flexible subscription options across 3, 6,12 and 24 months, you can choose the subscription term that works best for you.
What makes Cinch different from BNPL?
You do not have to stay committed to the same device until it becomes outdated or faulty, nor worry about finding a way to dispose of it when a new model launches.
With Cinch, you have the freedom to:
Extend your subscription if you’d like to keep using the device after your selected subscription term, promoting longer use and reducing electronic waste.
Pay-As-You-Go Plan: Continue paying monthly at the same rate after your subscription term ends until you decide to switch to another device or stop your subscription.
Return the device at the end of your subscription period, so it can be recirculated to a new home, supporting a circular economy.
(Important notes for return‼️) To return your device, you need to cancel your subscription within the last 30 days of your subscription term. Before the last date of your subscription term, you must schedule a return with us to occur within 5 working days of the last day of your term. You will be charged pay-as-you-go in the following month should you choose to return the device later than the 5 day return window.
Purchase the device at any time during your subscription. All subscription payments you’ve made will count toward the final purchase price. The purchase price is dynamic and may change over time based on several factors, including your payment history and account activity.
Cinch is all about providing you easier access to latest tech gadgets and devices, with flexibility and convenience —all while supporting a circular economy that helps reduce electronic waste.