As of Jan. 25, 2015, Walmart's layaway policy includes a minimum down payment with no opening fee on purchases totaling $50 dollars or more. In 2014, Walmart's layaway program ran from Sept. 12 to Dec. 15.
The down payment required for Walmart's layaway program is $10 or 10 percent of the purchase price, whichever is greater, on a single or multiple-item purchase totaling $50 or more. If a layaway account is cancelled before paid in full, the items are returned to inventory and all monies are refunded, minus a $10 cancellation fee. If layaway items are not paid for and picked up by the designated deadline, the account is cancelled. The Walmart Returns Policy applies to items purchased through the layaway program.