Ideal for life's bigger buys
Over $1000
Payments explained
Every time you make a purchase, Zip adds it to your account. Then at the beginning of the month, they send you a summary (statement) of what you spent and what you paid within the month. You can then either pay it back in full at the end of the month or keep paying over time from as little as $40/month.
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| Account limit | Over $1000 |
| Interest free period | 0% interest for 3 months |
| Establishment fee |
$0-299 (depending on your credit limit) |
| Minimum repayments | From $40/month |
| Account fee | $6 waived if you have no balance |
How does interest free work?
Zip charge us a small fee on each transaction, just like credit cards do. That fee then helps Zip to provide you 3 months interests free terms on every purchase. It's that easy!
Fees and charges
- A one time establishment fee applies. $0-49 for up to $3000 credit
- No interest for 3 MONTHS from the date of each transaction
- No deposit required on any purchases
- Minimum monthly payments apply. Check your contract for details
- An admin fee of $6/mth, payable only if a balance is owing
You must be an Australian resident,
18 years or over and have a job to apply.
Terms and Conditions
Available to approved applicants only. Minimum monthly payments apply, check your contract for details. Paying only the minimum monthly repayment amount will not pay out the purchase within the interest free period. Any balance outstanding at the expiry of the interest free period will be charged interest at the standard annual percentage rate, currently 19.19%. A monthly account service fee of $6.00 is applicable while there is a balance outstanding. Lending criteria, terms, conditions, fees and charges apply and are available on application. Credit is provided by zipMoney Payments Pty Ltd (ABN 58 164 440 993), Australian Credit Licence number 441878. Visit https://zip.co/ to learn from about zipMoney.