Zip Money Instalments is a repayment feature that helps you avoid interest charges when you make a purchase.
Make an eligible purchase* through a Zip partner or using a Single-use visa card and we’ll automatically split your repayments for that purchase into equal monthly instalments within the offered interest free period.
A guaranteed minimum interest free period of 3 months is offered across all purchases and up to 36 months with some Zip partners!
Instalments are fixed to a monthly schedule to ensure that you repay your transactions within the allocated interest free period.
If you would like more flexibility you can opt out of instalment plans anytime in the Zip app. Your purchase will be moved to a custom repayment schedule, to learn more click here. Please be mindful, if you don’t repay in full by the end of the interest free period interest will be charged at 25.9% per annum**.
*Minimum purchase value of $300. Instalments not available for gift card purchases.