Zip is an easy and flexible payment method which gives you the freedom to buy now and pay later. There are two reusable account types, Zip Pay and Zip Money. Repayments are flexible to suit your lifestyle - weekly, fortnightly or monthly, and you can pay as much as you like as long as you meet your minimum monthly repayments (advised at the time of sign up).
Apply for Zip
Get Zip approval
Select Zip at online checkout or in store register
Enjoy your new products
 For purchases up to $1,000
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 For purchases over $1,000
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| Account limit | Up to $1,000 | $2,000 to $10,000 subject to credit approval from Zip |
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| Interest free period | Always interest free |
No interest for 12 months on purchases over $1,000 No interest for 6 months on purchases under $1,000. Annual rate of 19.9% on outstanding balance after interest free period expired |
| Set up fee | No set up fee | $25 (one off fee added to your balance) |
| Minimum repayments | $40/month | $40/month or 3% of owing balance (whichever is greater) |
| Payment frequency | Weekly, fortnightly or monthly | Weekly, fortnightly or monthly |
| Account fee | $6/month where there is an outstanding balance | $6/month where there is an outstanding balance |
| Late fee | Learn more about Zip Pay late fees here | Learn more about Zip Money late fees here |
Available for purchases over $55
Gift cards are unavailable to purchase with Zip Pay or Zip Money
When applying for Zip, you will be asked to provide personal information and you must:
