Home of the world’s most powerful console, the Xbox One eco-system is a great place to play. Not only is it the home of such celebrated series as Gears of War, Forza Horizon and Halo, but offers players access to amazing money-saving subscription services like Xbox Game Pass and Xbox Gold. The problem comes from how certain consoles, particularly the Xbox One X, can reach price levels as high as £400.
That’s why buying one on finance makes sense, so we’ve put together this concise guide explaining each Xbox One finance plan available in the UK, and which retailers offer them. Or you can jump straight to the best finance deals for Xbox One X or the Xbox One S.
Often considered the best option, a 0% interest Xbox One finance plan will allow you to spread the cost of your purchase without paying a single lick of interest. The length of time in which you can take advantage of accruing no interest will vary from retailer to retailer, but most opt to offer it over either 6 or 12 months. Let’s take a look at the top UK retailers offering interest free finance deals for new Xbox One consoles:
AO interest free Xbox One deals. AO’s interest free credit is offered over a length of 6 or 12 months in monthly instalments, and some of the cheapest Xbox One deals that we feature are regularly available from AO.com.
Price decreased from £429.00 to £399.00 on 14th May at 15:48
Price decreased from £439.00 to £429.00 on 9th May at 18:40
Price decreased from £449.00 to £439.00 on 1st May at 16:04
Price increased from £389.00 to £449.00 on 1st May at 10:01
Price decreased from £399.00 to £389.00 on 23rd Apr at 16:30
Deal first found on 3rd Sep at 06:42
Argos interest free Xbox One deals. Argos’ interest free credit is offered up to a period of 12 months with no additional cost, letting you pay it back as and when it suits you. All you need to do is sign up for an Argos card.
GAME interest free Xbox One deals. The only way to enjoy 0% interest via GAME is through their online storefront using what’s known as PayPal credit. It’s applicable to any item over £99 (Xbox One X included) and must be paid over a 4-month period for no interest to be accrued.
Littlewoods interest free Xbox One deals. Subject to status, you can get up to 52 weeks interest free finance for purchases over £180 from Littlewoods. With the cheapest Xbox One consoles retailing for over £200, you’ll qualify for the full year term. For purchases under £180 you will only get 20 weeks of 0% interest.
Price increased from £529.99 to £579.99 on 30th Apr at 06:33
Price increased from £519.99 to £529.99 on 12th Apr at 12:36
Price decreased from £579.99 to £519.99 on 12th Apr at 00:34
Deal first found on 15th Mar at 16:41
Music Magpie interest free Xbox One deals. Being a second-hand retailer exclusively, Music Magpie offer refurbished Xbox One consoles at a 0% interest rate. Your order will need to be over £99 and, like GAME, is only possible through PayPal credit.
Price decreased from £319.99 to £314.99 on 7th May at 17:56
Price decreased from £329.99 to £319.99 on 26th Apr at 13:37
Deal first found on 16th Apr at 20:28
Buy now pay later Xbox One finance
You can buy a new Xbox One without any upfront cost, and pay for it later from a number of retailers. Popular retailers offering Buy Now Pay Later (BNPL) plans include AO.com, Argos, GAME, MusicMagpie and Littlewoods. You will not be charged any interest as long as you settle your account within the time you are given. This ranges from as little as four months, to a whole year – e.g. you may get 12 months to pay for your new Xbox One console from AO.com or from the slightly more expensive console retailer, Littlewoods. We’ve not come across any retailers offering BNPL terms longer than 12 months.
Pay monthly Xbox One finance
If for whatever reason your Xbox One of choice isn’t available at a retailer that offers 0% finance, the rule of thumb is to always pay it off as soon as possible. Do that, and you’ll accrue the least amount of interest possible. A pay monthly plan still allows you to spread the cost, but you’re paying extra for the privilege.
Two top retailers that currently offer pay monthly Xbox One plans are Currys PC World and Very.co.uk where you can buy an Xbox One X with deposit to pay, at an interest rate of 24.9% and 39.9% respectively (APR variable representative). You choose the payment term (months) that suits you and pay off your Xbox One purchase early at no extra cost.
Currys PC World representative example: Xbox One price £219.00. Pay 36 monthly payments of £8.41. Total amount payable £302.76. Rate of interest 24.9% (variable) 24.9% APR representative
You can also purchase Xbox One consoles on pay monthly finance via Ebay stores (such as Argos and Currys PC World), using PayPal Credit – currently 19.9% APR. You can choose to pay off the Xbox One in as little as 6 months, or take 24 months. The longer the payment period, the more interest you will accrue.
When looking to purchase an Xbox One as part of a pay weekly finance plan, bear in mind that the same rule applies: pay as soon as possible. Do this and you’ll accrue the least amount of interest possible. Paying weekly makes it less likely that you’ll miss any instalments as they occur more frequently.
You have two options. You can buy an Xbox One from Argos and pay for it weekly. On the face of it, what Argos offers you isn’t a pay weekly plan per se, but the online and physical storefront simply allows you to pay instalments whenever you want so can be treated as pay weekly. You’ll need to sign up for an Argos Card and make sure it’s paid off before 12 months – it’s even interest free.
Your other option for paying weekly for a new Xbox One X is making your purchase at BrightHouse -a second-hand retailer that offers Xbox One X as Pay Monthly or Pay Weekly at a fixed rate of 99.9% APR representative. If preferred, BrightHouse also offers a Pay Fortnightly option.
BrightHouse representative example: Xbox One price £247.20. Pay 120 weekly payments of £4.10. Total amount payable £492.00. Rate of interest 99.90% (variable) 99.90% APR representative
Xbox One finance with bad credit history
A little unknown retailer called Lintronics.uk offers finance deals to almost 100% of the customers who apply for credit. Sounds too good to be true? Well, we can’t comment, as we know very little about this retailer and have only featured them as part of our research for this guide on games console finance. The prices are expensive but if it means you can spread the payment for a new Xbox One with a poor credit history, it might be worth paying them a visit.
Xbox One X finance
If you want to buy the very best Xbox One console on finance – the Xbox One X – you will be able to find cheap bundles on 0% interest free credit from the retailers we’ve mentioned above, such as AO.com and GAME. Plenty of other retailers offer Xbox One X finance but on terms that will accrue interest, such as pay monthly or pay weekly deals.
Here’s the 5 cheapest Xbox One X consoles available to buy on finance from the trusted UK retailers we’ve mentioned above:
If you have decided to buy an Xbox One S on finance, you should opt for retailers offering 0% finance if you have a good enough credit history. Several major high street retailers offer interest free Xbox One S finance, including AO.com, Argos and GAME. These three retailers also regularly feature some of the cheapest Xbox One S bundles in the UK, so if you can get finance, buying an Xbox One S from one of these shops is a wise choice.
If you think your credit status will prevent you from securing interest free finance, you may be able to secure pay monthly Xbox One S finance from either Currys PC World, Littlewoods or Ebay.
Want a particular game bundled with your new Xbox One purchased on finance? Check out our Xbox One deals page and use the filter to choose which game you want included. Hopefully there will a deal from one the retailers we’ve featured above.