Financing & Layaway

ERIK'S offers finance options for both in-store and online purchases.* Regardless of whether you're looking for a new bike, snowboard, skis, or other gear, ERIK'S wants to make the purchase easy and affordable. Get what you need and spread the payments over six to 12 months with deferred interest. Check out the full details below.

*On approved credit.

In-Store Financing & Layaway

Freedom to Ride Financing

ERIK'S offers in-store financing through the Freedom to Ride card. This card offers 12-month special financing* for approved customers.

The Freedom to Ride card frees up your wallet and gets you out riding today. This card can be used to purchase whatever you want—any brand of bike, snowboard, or downhill skis carried at ERIK'S. The Freedom to Ride card is accepted at any ERIK'S location. Get in and get the ride you want!

Receive the following benefits with the Freedom to Ride card:

  • Deferred interest financing for 12 months (minimum monthly payments required)
  • Accepted at all ERIK'S Bike Board Ski locations
  • No annual fee
  • Ride out with what you want

*Subject to credit approval. Minimum monthly payments required.

Please note:

  • The Freedom to Ride card is issued by Synchrony Bank.
  • Further details about this card and Synchrony Bank's policies can be found at any ERIK'S store.
  • The Freedom to Ride card can only be used for in-store purchases (not available to use as payment method online).
  • For online finance options, see the Online Financing section below.

In-Store Layaway

ERIK'S layaway program is available all year. With 20% down we will place anything on layaway for you so you can spread out payments over up to three months (not applicable for special orders, which must be paid in full). You can pay as much or as little as you would like and as often as you like as long as the item is paid in full in three months. Once your final payment is made, the item(s) are yours.

Stop by any ERIK'S location for more information on Freedom to Ride financing and in-store layaway.

Online Financing Options

Affirm Financing

ERIK'S offers financing for online purchases through Affirm. Affirm offers various rates and terms for approved customers on purchases over $99. For full details, click the Pre-Qualify Now link on any product page.

Payment options through Affirm are subject to an eligibility check and are provided by these lending partners. On a $700 purchase, you may pay $63.18 for 12 months with a 15% APR.

PayPal Credit Financing

ERIK'S offers financing for online purchases through PayPal Credit. PayPal Credit offers six months of deferred interest financing for approved customers on purchases over $99. For full details, click the PayPal Credit button on the checkout page.

For Online Financing questions:

Text with a Human: 952-243-5476
Live Chat: Click the chat icon in the lower righthand corner of this screen.
Phone: 952-351-9148
Store: Find a Store
Toll Free: 877-885-2453

About ERIK’S

Erik was only 13 when he started ERIK'S in 1977. His first bike, a hand-me-down from an older family member, sparked his interest in bikes. With entrepreneurial spirit and the money he saved from his job as a paperboy, Erik began his business. ERIK’S Bike Board Ski has grown into the Midwest’s leading bike, snowboard, and downhill ski retailer. We are passionate about our sports and experts on all the gear we carry! Learn more about ERIK’S history.