Zip Money and Zip Pay are two separate products with a couple of key differences, but customers with any of the 2 accounts can now shop at all merchants who accept Zip.

In-Store and OnlineYesYes
Minimum Repayment Amount$40 each month (Unless the owing balance is less)Starting from $40 depending on your credit limit. The amount may be higher if a certain percentage of your balance owing is greater than the dollar value.  

The appropriate repayment amount for your credit limit is displayed
in your contract.
Credit Limits Available$350,
Above $1000
(Apply through a merchant for accounts greater than $5000)
InterestNever0% interest for 3 months, Promotional offers 6-48 months; 19.9% p.a after your interest-free period expires
Pay Your Bills With ZipAvailableAvailable
Direct Debit Payment methodEither Credit or Debit Card.Debit Cards or BSB and Account number.

Zip Pay is an interest free online shopping wallet with a credit limit of up to $1,000, offering you the ability to buy now and pay later, on your terms. Repayments start from as little as $10 a week, or $40 per month. 

Zip Money is a line of credit for larger amounts, generally $1,000 and above. Zip Money offers customers a guaranteed 3 months interest-free across all products and up to 48 months with some retailers. The length of the interest-free period varies among individual merchants and is confirmed with the user prior to purchase. For Zip Money accounts greater than $5,000 please consult the merchant you would like to check out with or start your application here.

A complete overview of our fees and charges can be found here. You can find the store directory here and apply for any of our 2 products via this link.