An instalment fee is a fee to extend the interest free period on one of your eligible Zip money purchases.
You can choose to extend your 3 month interest free period to 6, 12, or 18 months of instalments at the time of purchase with select partnered retailers, or when generating a Single-Use Card for Zip Money. If you do choose to extend your interest free period, a fee of 1.1% of the total purchase price per month will apply. Please see here for more details.
Please note: an eligible purchase is any Zip Money transaction made via our Single-Use Card facility or through select partnered retailers. The option to extend your interest free term will appear whilst generating your Single-Use Card or at checkout.