The Zip Money interest rate is 25.9%p.a.¹, interest accrues daily and is applied as a charge at the end of the month. It will become due on your next Contractual due date. This only applies if you have a balance owing on your purchase(s) at the end of the interest-free period.
¹ T&Cs and credit approval criteria apply. A monthly account fee of $9.95 will apply. A one-off establishment fee may apply for new customers. The availability of the interest free period for a purchase will depend on the purchase amount, the minimum monthly repayment and account status. Any balance outstanding at the expiry of the interest free period will be charged at the standard variable interest rate, 25.9% per annum, as at 1 June 2023. Other charges may be payable, see T&Cs. Interest, fees and charges subject to change. Minimum monthly payments are required and vary depending on your closing balance at the end of each statement period. Paying only the minimum monthly repayment may not repay a purchase within the interest free period. Paying the minimum monthly repayment may result in paying off the purchase before the interest free period expires. Credit provided by ZipMoney Payments Pty Ltd (ABN 58 164 440 993), Australian Credit Licence Number 441878.