Kelowna’s Pawn Shop Choice– Money When You Need It

Pawn loans are a fast, simple and confidential way to borrow money. You get the cash you need without selling your assets. Your items (jewelry, laptops, guitars, etc.) secure the loan. This means there are no credit checks, job requirements or other complications. Pawns help you bridge short term cash-flow problems without the embarrassment of asking friends or family for help. We have more certifications and industry memberships than any other pawn shop in Kelowna. We are proud to be Kelowna’s ONLY BBB A+ rated pawn shop.

This 90 second video explains how a pawn loan works.
It also outlines the advantages of picking Premier as your pawn shop.

This 90 second video explains how a pawn loan works.
It also outlines the advantages of picking Premier as your pawn shop.

Pawning offers many advantages over
traditional lenders and pay day loans:

  • 1. Pawns are based on your needs and collateral, not your credit score. We’ve pawned as low as $10 to over $20,000 for some of our business clients.
  • 2. You are in control: redeem the pawn, purchase additional time or let the items lapse to repay the outstanding balance.
  • 3. There are NO credit penalties for using a pawn shop. Even if you choose to let your transaction lapse
  • 4. Rates are much better than a payday loan and you have over twice as long to pay back.
  • 5. We are able to help students, self-employed business people and fixed income households that other lenders avoid.

Stop by today to speak with one of our experts! You’ll be surprised at how much value you might just have just lying around the house.

  • What Kind Of Items Can I Pawn?

    We accept many item for pawn including:

    • gold and diamond jewelry (any condition)
    • Luxury watches such as Rolex, Breitling, Omega and Tudor
    • Designer fashion/ purses from Louis Vuitton, Gucci, etc.
    • Laptops, iPads, and tablets
    • Cellphones, Digital cameras, and other current style electronics
    • TV’s, soundbars, Sonos speakers, bluetooth speakers
    • Acoustic and electric guitars, amps and other musical instruments

    To get the best value bring in newer, quality items in good condition. Please remember any accessories such as appraisals, remotes, cables, chargers, software, boxes, etc.

    All serial numbers and identifying decals must be present and unaltered. We reserve the right to limit or refuse items at our discretion.


  • Why Should I Pick Premier As My Pawn Shop?

    Selecting a pawn shop can be difficult, and not everyone discloses the full picture.  At Premier we believe in open transparency so we post our terms on-line.  This let’s you compare against our competitors and similar products like payday loans.  Be cautious about any pawn shop that won’t publicly post their rates and terms.

    At Premier your items are insured – you may be surprised to find that most competitors don’t protect you.  Ask whether they have insured YOUR items.  Read the pledge contract and be alert for phrases like “We are not responsible for destruction of goods by fire, theft, burglary, mysterious disappearance . . .” or “Articles are entirely at owners peril”. Choose wisely – not all pawn shops are the same.

    As Kelowna’s most established pawn shop we offer many advantages:

    1. GET MORE MONEY.  We are GIA / DCA trained with decades of experience – we can pay for diamonds that other stores can’t.
    2. SAVE YOUR MONEY.  Pay less when you borrow here, Premier has the lowest rates in the Kelowna.
    3. BE SAFE.  We are the ONLY pawn shop that insures client merchandise (ask for details)!
    4. BE SECURE.  We are the ONLY pawn shop that has an onsite 48 ton bank vault securing your jewellery.
    5. BE CONFIDENT: Kelowna’s ONLY pawn shop that has X-ray gold testing to get you the most accurate values.
    6. FREE REMINDERS: The only pawn shop that texts you for early pickup discounts and before a pawn is due.
    7. PROFESSIONALISM.  We’re Kelowna’s ONLY BBB A+ rated pawn shop.  We’re also members of the National Pawn Association (US), Canadian Jewellers Association, Diamond Council of America and Jewellers of America.
  • How Much Does A Pawn Loan Cost

    Premiers Pawn Loan Calculator

    1 Choose Your Term
    2 Choose Your Amount

    Loan Amount $0.00
    Fees $0.00
    Total to Repay $0.00

    • Pawn Loans available to anyone with valid government photo ID at least 19 years of age.
    • Loans offered between $10 and $50,000 based upon acceptable collateral, no credit check required.
    • Terms are for 31 or 62 days based on your choice. You can repay the loan at any time without penalty.
    • The minimum term is one day, the maximum is 2 months (62 days) based on your choice.
    • You can purchase additional time by paying the outstanding fees – ask for details.
    • Fees include all interest, insurance, storage and administration costs.
    • FREE INSURANCE: All pawns are insured – ask staff for details.
    • FREE TEXT REMINDERS – enroll today! Ask staff for details.
    • PRODUCT PROTECTION: We hold your items for 14 days past the due date to protect you.
  • How Do I Get A Pawn Loan?

    At Premier the pawn loan process is as simple as 1-2-3!

    1. Visit the store with your item(s) –  remember your photo ID and any appraisals or accessories.
    2. Get your free no-obligation quote.
    3. Get paid in cash!  –  often in less than 20 minutes.

    Important Note: 

    It does take time to evaluate, test and document a pawn transaction to required standardsYou must be here at least 15 minutes before store closing or we will not be able to process your transaction.  For particularly large or complicated loans or assessments you may need to make an appointment or allow more time.