5 must-knows about digital credit products
Looking for an alternative to traditional credit cards? Digital credit with Zip Plus can offer an option.
Sponsored by Zip. Apply now for a Zip account and invite your friends (as many as you like!) to try Zip Plus and Zip will thank you both with $50 cashback if they join and make their first purchase within 14 days. Ends 31 January 2026. T&Cs apply. To learn more, visit the Zip website today.
When it comes to credit products, a one-size-fits-all approach might not align with your individual needs and goals.
If you're just looking to cover everyday spend, it may not be necessary to opt for a credit card or loan.
A flexible credit product can be an alternative.
For example, Zip Plus is a flexible digital credit product intended for everyday expenses. Through Zip Plus, you can access a credit limit of $2,000-$8,000.
But beyond credit limits, it's also important to know what sort of features are included.
1. You can shop online and in-store
With Zip Plus, shopping online and in-store is seamless with the Zip Plus Visa card.¹
Simply Tap to Pay in-store via the Zip app or add your Zip Plus digital Visa card to your Google Wallet or Apple Pay.
Provided you've got your smartphone handy, you're able to shop anywhere Visa is accepted.
You're also able to see your remaining balance in real time.
You can also shop with confidence online, thanks to the added security provided by the single-use card option within the Zip app.
It automatically expires after a single purchase – so you don't need to worry about card details being leaked.
2. There are no foreign transaction fees
When you're travelling -- or just ordering from overseas websites -- foreign transaction fees can add significant extra costs.
However, Zip Plus doesn't charge foreign transaction fees.
This can give you an advantage in comparison to many credit cards.
So if you're on holiday and looking to pick up some souvenirs, you can save on unnecessary costs. And the same goes for when you're shopping with an overseas site, too!
Refer a friend to Zip Plus and score $50 Cashback
$50 For You, $50 For Them.
Apply now for a Zip account and invite your friends (as many as you like!) to try Zip Plus and Zip will thank you both with $50 cashback if they join and make their first purchase within 14 days. Ends 31 January 2026. T&Cs apply.
3. Multiple repayment options
Zip Plus gives you the freedom to put repayments on your terms. You're able to select your repayment amount and frequency – weekly, fortnightly or monthly.
You can also make repayments early, without penalty.
This flexibility means you can manage Zip Plus to suit your own pay period and existing budgeting.
Zip Plus is also interest-free when you owe less than $1,500 at the end of the calendar month. However, if you owe more than $1,500 at the end of the calendar month, you'll be paying 12.95% interest per annum.
Making regular repayments and keeping your balance down can help you avoid additional repayment costs. If your balance is $0 at the end of the month, the $9.95 monthly account fee is waived.
4. You can use it for BPAY
One of the reasons some people use digital credit products like Zip Plus is to manage bills.
So with this in mind, Zip Plus can be used with more than 60,000 BPAY billers.²
This can potentially make it easier to manage your month-to-month costs and repay over time.
5. You can earn cashback
Everyone likes to earn rewards for everyday spend.
With Zip Plus, you're able to earn cashback when you shop with a variety of different rewards partners.³
Taking advantage of offers like this can be an effective way to score a bonus on spending that you needed to do anyway.
Check the Zip Plus website or app to see the complete range of participating retailers.
Learn more about Zip Plus today
Sponsored by Zip. Apply now for a Zip account and invite your friends (as many as you like!) to try Zip Plus and Zip will thank you both with $50 cashback if they join and make their first purchase within 14 days. Ends 31 January 2026. T&Cs apply. To learn more, visit the Zip website today.
More information about Zip Plus
Zip Plus: Interest accrues daily on the total balance owing at the end of each day. No interest will be charged to your account when your balance is under $1,500 (including where it is paid in full) at the end of the last day of each month. Each day ends at 11:59pm AEST (AEDT during daylight savings). Pay your closing balance in full by the end of each calendar month and we'll also waive the monthly account fee of $9.95 for that month. A monthly account fee of $9.95 will otherwise apply. Standard interest rate is 12.95% p.a. T&Cs and credit approval criteria apply. Interest and other charges may be payable, see T&Cs. Interest, fees and charges subject to change. Credit provided by ZipMoney Payments Pty Ltd (ABN 58 164 440 993), Australian Credit Licence Number 441878. Visit zip.co/au/zip-plus to find out more.
- Zip Visa Card T&Cs apply
- Payments may take up to 5 business days to reach your Biller. Certain Biller exclusions apply including but not limited to credit institutions, gambling, share trading, personal loans and DEFT rent. A $2.50 processing fee may be payable for each transaction processed using Zip Pay (to a maximum of $1000) or Zip Money. The amount of the fee will be advised and authorised by You at the time of any relevant bill payment. Exceptions may apply. ® Registered to BPAY Pty Ltd ABN 69 079 137 518
- Rewards are redeemable when you reach the Rewards Goal. See Promotion and Reward Program T&Cs for more details. Zip may earn a commission.
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