Every purchase you make with your Zip Money account has an interest free period* of 3 months, plus you can get up to 5 years interest free terms at select merchants
For purchases over $300, we’ll automatically split your big buy into fixed monthly instalments, spread equally over the interest free period, to help you avoid interest.
Click here to learn more about Zip instalment plans.
If you pay off your purchase, in full, within the interest free period, you will avoid paying any interest on the transaction.
By increasing the frequency on your custom schedule your repayments to weekly or fortnightly, or aligning your repayments to your pay cycle you can pay down your purchase faster.
*T&Cs and credit approval apply. A monthly account fee of $7.95 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.