Zip Pay Fees:
- Monthly account fee: A monthly account fee of $9.95 for account limits of $350 and above will apply to your account unless you have paid your statement closing balance, in full, by the due date.
- Late Fee: If the minimum monthly repayment amount (or the remaining balance if less) is not met, you will incur a $5 ($7.50 effective 2 May 2025) late fee, which will be charged 21 days (7 days** effective 2 May 2025) after your contractual due date.
- Foreign transaction fee: equal to 1% of the value of the transaction when converted into Australian dollars if you use a Single-Use Card to make the purchase.
Zip Money Fees:
- Monthly Account Fee: An Australian Zip Money account will incur a monthly account fee of $9.95 if there is any balance owing on the last day of the month. This fee will not apply if you pay your outstanding balance, in full, by the last day of the month.
- One-off Establishment Fee: A fee of $0 - $99 may apply, dependent on your approved credit limit.
- Instalment Fee: On eligible instalment plans (see more here), you can choose to extend your allocated interest free period for a fee of 1.5% of the purchase price per extension month. Click here for more info.
- Late fee: If the minimum monthly repayment amount (or the remaining balance if less) is not met, you will incur a $15 late fee, which will be charged 7 days after your contractual due date.
- Pay a bill with BPAY: A fixed $2.50 processing fee applies for each bill.*
- Interest Rate: To find out more about Zip Money costs see here.
- Foreign transaction fee: equal to 3% of the value of the transaction when converted into Australian dollars if you use a Single-Use Card to make the purchase.
* Exemptions may apply.
** As communicated in our updated T&Cs email/SMS sent 4 March 2025 and effective as of 3 April 2025 for Zip Plus & Zip Money, effective as of 2 May 2025 for Zip Pay.