For many people, buying a piece of fine jewellery can be one of the single biggest purchases they ever make. From engagement rings to landmark birthday and anniversary gifts, jewellery presents to mark these big life occasions are real one-off expenditures.

However, with Jacobs’ jewellery finance, paying for your treasured items doesn’t have to be an all-in-one activity. We offer interest free credit on nearly all our jewellery and watch products, meaning you can spread your engagement ring financing or watch finance over several months.

How does jewellery finance work at Jacobs?

Luckily, Jacobs is an independent jeweller working with Novuna (formerly Hitachi). This is a jewellery finance service that lets you spread the cost of your purchase over 12, 18, or 24 months – all interest free. This facility allows you to pay the sale price of your jewellery while benefiting from extended payment terms. So you can finance your watch, engagement ring, or gold chain without sacrificing the mortgage each month!

Our jewellery financing facility with Novuna is assessed and carried out in store. You’ll enter your details into our store iPad, choose from 12, 18, or 24 months for financing your jewellery and agree to the terms and conditions.

The whole process usually takes around half an hour. You can choose the amount of deposit you pay up front – a minimum of 10% of the total cost is required, while the maximum you can pay to qualify for jewellery and watch finance is 50%.

How often will I make a payment for my engagement ring, watch or jewellery?

Most Novuna jewellery financing options involve you paying for an engagement monthly (and for any other eligible item). After your initial deposit, the amount you spend each month will depend on the length of the jewellery finance terms you agree to, and the total cost of the item.

As long as you keep up the repayments with Novuna each month, you’ll own the watch or jewellery item outright at the end of the interest free finance term.

Jacobs jewellery finance conditions

Please carefully consider our terms and conditions before signing up for jewellery finance on any item you purchase from us. We will discuss full details in store when you buy your watch or jewellery, but here are a few points of information to note:

  • Jacobs the Jewellers acts as a credit broker and intermediary, and not as a lender.
  • Jacobs the Jewellers is authorised and regulated by the Financial Conduct Authority, firm reference 952829.
  • Credit is provided by Novuna (formerly Hitachi), which is authorised and regulated by the Financial Conduct Authority. 


For more information, or to make an appointment and check whether we can offer you our interest free credit finance on your selected watch or jewellery, please contact us.

Credit subject to status and affordability. Terms & Conditions Apply. Jacobs the Jewellers LLP is a credit broker and is Authorised and Regulated by the Financial Conduct Authority.

Credit is provided by Novuna Personal Finance, a trading style of Mitsubishi HC Capital UK PLC,  authorised and regulated by the Financial Conduct Authority. Financial Services Register no. 704348. The register can be accessed through