Each eligible purchase to the value of $300 or above will be split into equal instalments set within the interest free period.
The interest free period for the purchase is determined by the retailer and is shown at checkout.
You can later adjust your instalment frequency to a preference of weekly, fortnightly or monthly.
For example, if you use your Zip Money account to make a $600 purchase with an interest free period of 3 months this can be repaid at the following rates:
- $200 per month, $100 per fortnight or $50 per week.