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. If you do choose to extend your interest-free period, a fee of 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 will show up whilst generating your single-use card or at checkout for select partnered retailers.