You will automatically be opted into instalments if the purchase value is $300 or above.
You can still shop if the purchase value is below this amount, but the purchase will not be split into equal instalments.
The balance for any purchase(s) under $300 are repaid at a rate of the contractual minimum (please refer to your account contract to contract to confirm this amount), unless otherwise adjusted.
If you are looking to make a purchase below $300 you may be interested in our other product Zip Pay.
Zip Pay is a line of credit up to $1,000 with no interest ever, with flexible repayments starting at as little as $10 a week. The only cost is a *$6 monthly account fee which is waived if you pay the statement closing balance, in full, by the due date.
*From 30 November, existing Zip Pay customers will see an increase in the monthly account fee from $6 to $7.95. New Zip Pay accounts holders, monthly account fee is $7.95 from 1 October 2021.