With Zip Pay you can make a purchase today and spread the cost over time with flexible repayments that work for you.
You are required to repay a minimum of $40 per month (or $80 if your credit limit is greater than $1,000). Choose what works best for you!
For more flexibility with your repayment options, you can:
- Choose Your Schedule: Set a frequency that suits you
- Weekly
- Fortnightly
- Monthly.
- Fee Waiver Schedule: Repay your full statement closing balance by the due date each month to avoid the $9.95 account fee.
Zip Pay repayments are due by the end of the month and are automatically debited from the payment method attached to your account.
Please note: If you are a new Zip Pay customer, your first repayment is not due until the last day of the month following your first purchase. For example, if you make your first purchase on 10 October 2026, your first minimum monthly repayment will be due on 30 November 2026.
General Repayment Example:
If you make purchases in February, we’ll send your statement on March 1st. Repay the full closing balance by March 31st, and the monthly fee is waived.
If you'd prefer to take extra time to repay your purchase(s), no worries! You'll only need to make the minimum monthly repayment as outlined in your statement.
Please Note: The monthly account fee will be charged if the statement closing balance is not repaid, in full, by the due date.
The best part is - if there's no balance, there are no fees to keep the account open!