What are the costs associated with Zip Pay? – Help Centre

Zip Pay	Costs
Limits $250-$1,000	$7.95 monthly account fee ‘Pay a bill with BPAY’ (a fixed $2.50 processing fee applies for each bill) If you don't pay the minimum payment each month (or the remaining balance if less), a late fee of $5 for Zip Pay will be charged 21 days after your contractual due date.
Limits $1,001 and above	$9.95 monthly account fee* If you don't pay the minimum payment each month (or the remaining balance if less), a late fee of $5 for Zip Pay will be charged 21 days after your contractual due date.

Zip Pay accounts are completely interest free**

A statement will be issued at the beginning of the following month outlining your closing balance. Simply pay this balance, in full, by the due date for the account to remain fee free.

If you would like to learn more about decreasing your Zip Pay account limit please click here.

*From 30 January 2023, we are updating the monthly account fee on Zip Pay accounts with limits over $1,000 to $9.95 and adding new benefits including access to exclusive instore and online cashback offers and removing fees for BPAY® Biller transactions.

**Minimum monthly repayments are required. A monthly account fee of $7.95 applies and is subject to change. Pay your closing balance in full by the due date each month and we’ll waive the fee. Available to approved applicants only and subject to completion of satisfactory credit check. Other charges may be payable. T&Cs apply.

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