Zip offers Zip Pay and Zip Money, two types of consumer accounts that put our customers in control by letting them buy now and pay later at their own pace.
Additionally, we offer Zip Business Trade and Trade Plus to help businesses with cash flow. It's buy now, pay later, made for business.
A comparison of the main account details are listed below:
| Account Type | Zip Pay | Zip Money | Zip Business Trade | Zip Business Trade Plus |
| Reusable | Yes | Yes | Yes | Yes |
| Instore and Online | Yes | Yes | Yes | Yes |
| Minimum Repayment Amount | $40 minimum monthly repayment (or $80 if the credit limit is greater than $1,500) | From $40 per month, determined according to the credit limit of the account. The higher the credit limit, the higher the minimum monthly repayment | $200 minimum monthly payment | Can pay off monthly statement balance in full or split payments into 4 equal monthly instalments over the next 4 months with a one-off extension fee |
| Credit Limits Available | $350 - $1,000 (some eligible accounts can increase to $2,000) |
From $1,000 - $5,000 directly, or apply through a merchant for accounts greater than $5,000 | $3,000 | Up to $150,000 |
| Fees | No establishment fee, $7.95 monthly fee (when a balance is owing) | Establishment fee based on credit limit from $0-$99, $6 monthly fee (when a balance is owing) | No establishment fee, $20 monthly fee (when a balance is owing) | No establishment fee, no monthly fee, extension fee of 3% when you decide to extend payments for an order beyond the end of the month |
| Interest | Never! | Guaranteed 0% interest for 3 months, but partners may offer promotional interest-free periods ranging from 6 months to 60 months. Interest at 19.9% p.a after the interest-free period expires | Never! | Never! |
| Pay bills With Zip | Available | Available | Available | Available |
| Direct Debit payment method | Either credit card or debit card | Debit card or bank account details | Either credit card or debit card or bank account details | Debit card or bank account details |
| Shop Everywhere Single-Use Card | Available | Available (for non-exclusive accounts) | Not Available | Not Available |
| Instore Code | Available in Zip App or Web Wallet | Available in Zip App or Web Wallet | Available in Zip Business App or Web Wallet | Available in Zip Business App or Web Wallet |
| Remote Order | Available | Available | Available | Available |
| Tap to Pay | Available - Instore only | Not available | Not available | Available - Instore only |
| Pay Invoices | Not available | Not available | Available | Available |
Please note, customers can simultaneously hold all types of Zip accounts and can use them interchangeably with all of our affiliated merchants.