The fees for Zip customers can vary depending on the account type and the credit limit approved.
Below is a simple breakdown of the fees for each account type:
Zip Pay
No establishment fee
$7.95 monthly account fee when a balance is owing
This account fee is waived if you have paid your statement balance by the due date.
$40 minimum monthly repayment (or $80 if the credit limit is greater than $1,500)
No interest ever
Zip Money
$0 - $99 establishment fee dependent on the approved credit limit
$7.95 monthly account fee,
This account fee is waived when there is nothing owing at the end of the month.
Minimum monthly repayment from $40 is dependent on the approved credit limit OR 3% of the outstanding balance, whichever is greater.
Interest at 19.9% per annum, charged monthly on the balance owing after the interest-free period of an order has passed. To see more information about interest-free periods click here
Other fees may apply, such as an Instalment Fee, if you choose to extend the interest-free period of an instalment plan.
Zip Business Trade
No establishment fee
$20 monthly account fee when a balance is owing
$200 minimum monthly repayment
No interest ever
Zip Business Trade Plus
No establishment fee
No interest ever
Flexible repayment options are available, for more information click here