Flexible Financing Payment Plans
At Spence we offer a range of flexible financing plans to make your ring purchase as financially stress free as possible. Almost any ring can be made to fit any budget. You choose the ring and price you are comfortable with. If you decide to finance your purchase, we are glad to offer a range of financing plans.
With approved credit, you can have no payments for 6 months, 12 months, or 18 months, or choose a monthly payment plan.
*Conditions Apply.
Financing Plan Options
* Certain terms and conditions apply. Speak to a consultant in store for further information. ** Payment options through Affirm Canada Holdings Ltd. (“Affirm”) are subject to an eligibility check and approval.
No Payment for 6, 12, or 18 Months*
Monthly Payment Plans*
Flexible Payment Plans with Affirm**
3 Flexible Payments Plans with Affirm**
We’ve partnered with Affirm, Fairstone, and Flexiti to offer you a range of flexible payment options. With both Fairstone and Flexiti you can defer your payments and then make manageable payments over time.
About Fairstone:
Fairstone is committed to delivering the best borrowing experience, providing valuable financial products that meet customers’ needs, and enabling more Canadians to have their finances in sync with their situation – wherever and whatever life brings them.Why Finance with Fairstone:Fairstone has been providing responsible loans to Canadians for almost 100 years. We are proud to offer loans for Canadians in the fair to good credit score range.
About Flexiti:
Flexiti is a Canadian fintech company that offers financing solutions via the FlexitiCard that makes financing purchases simple. The approval process is quick, the financing plans are flexible and customers can use their FlexitiCard at any retailer in the Flexiti Network.Why Finance with Flexiti:Purchase and defer your payments up to 12 months with 0% interest*. Unlike traditional financing methods, once you’re approved you don’t have to re-apply! Use your FlexitiCard to make purchases again and again within your approved credit limit.
About Affirm:
Affirm is one of Canada’s leading installment payment platforms, providing shoppers with payment solutions at their favourite retailers, both in-store and online. By selecting Affirm as a payment method at checkout, customers can enjoy their purchase while splitting up the cost over time.With Affirm, choose from 4 interest-free payments every 2 weeks or monthly installments.
Subject to eligibility check and approval. Down payment may be required. Your rate will be up to 0–31.99% APR (where available and subject to provincial regulatory limitations). APR offered is based on creditworthiness and subject to an eligibility check. Not all customers will be eligible for 0% APR.
Your ring, your choice.
We have more than 2500 customizable ring styles – each one clearly marked with a price – so you never have to ask, “How much is this one?” Spence Diamonds is easy, pressure-free, and fun.
Frequently asked questions
Can't find the answers you're looking for? Contact us for more help
How much should I spend on an engagement ring? Honestly? There's no magic number, no matter what those old "two months' salary" rules try to tell you. Start with a budget range you're comfortable with, not one someone else decided for you. Not sure where to begin? A good baseline is a 0.5 carat ring. Try a few styles at that size, then go up or down until you find where you land. One thing worth remembering: the diamond is almost always the priciest part of the ring, not the band. The meaning of it has never once been measured in dollars.
Carat, cut, clarity, color, and created. Together, they make up a diamond's value. None of them matter more than what matters to you, but if we had to pick one to obsess over, it's cut. A diamond with perfect clarity and color still won't sparkle if it's cut wrong. Cut determines how light moves through the stone, and it takes real skill to get right.
Yes, fully. Artisan Created Diamonds are grown using technology that replicates the exact conditions that form a mined diamond, and they're certified by IGI right alongside our mined stones. The difference: for the same budget, you can get a diamond that's roughly 25% larger and two clarity grades higher. It's not a compromise; for a lot of people, it's the smarter diamond.
Whatever one feels like you. Round is the classic, most versatile choice. Oval reads a little more opulent and can make the finger look longer. Cushion and pear lean romantic; emerald and asscher lean editorial. There's no wrong answer. Just the one that feels right when you see it on.
Depends what you're after. Platinum is the strongest and naturally white. It won't fade, and it's hypoallergenic. White gold is the most popular pick, plated in rhodium for that same bright white shine. Rose gold adds warmth and a little romance. Yellow gold is the traditional choice, and it's a striking contrast against a bright diamond.
We'd say yes, every time. Photos and certificates tell you a lot, but they can't show you how a diamond actually catches light in real life. That's the one part of this we don't recommend skipping.
Since 1978. Almost 50 years of helping Canadian couples navigate exactly this decision. Which is really just a long way of saying: we've seen it all, and we're not going anywhere.
All of our Canadian locations have open showcases, meaning you can try on as many rings as you want; no glass cases, no asking someone for a key. Book an appointment at SpenceDiamonds.com, or just walk in.