Every purchase you make with your Zip Money account has a minimum interest free period* of 3 months. Some purchases may offer up to 5 years interest free terms with select Zip partnered retailers.
Eligible Zip Money purchases over $300 will be automatically split into fixed monthly instalments spread equally over the interest free period. To ensure you avoid paying interest please do not opt out of the instalment feature on current or future purchases.
For smaller purchases that are not eligible for instalments; avoiding interest can be achieved by making regular repayments to your Flex balance that exceed your minimum monthly repayment. These purchases need to be repaid within 3 months to remain interest free.
*T&Cs and credit approval apply. A monthly account fee of $9.95 will apply. A one-off establishment fee may apply for new customers. Other charges may be payable, see T&Cs. Interest, fees and charges subject to change. Credit provided by ZipMoney Payments Pty Ltd (ABN 58 164 440 993), Australian Credit Licence Number 441878. Find out more here.