Openpay vs zipMoney
Not sure which platform to shop interest-free with? We compare Openpay and zipMoney to help you decide.
We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!
Interest-free shopping has come a long way since shop assistants just wrote your name and phone number on a slip of paper for a layby. Now, interest-free payment platforms let you sign up in a matter of minutes and offer you a range of plans to suit a variety of purchases.
To help you decide which platform could be right for you, we've compared two prominent interest-free platforms – zipMoney and Openpay – on this page. Remember to consider all of the costs, features and flexibility to narrow down which interest-free provider may be the best option for you.
|Interest-free period||Full repayment term||3 months minimum|
|Repayment term||Various plans available (e.g. 6, 12, 18 months)||Up to 36 months|
|Upfront and ongoing fees|
|Late payment fees||Late fees apply|
|Signup||Can be done online or in-store at participating merchants||You can apply directly through zipMoney or online or in-store at a participating zipMoney merchant|
|Find out more||Read the full review||Read the full review|
|Credit score||Openpay may ask your consent to check your credit file and will report negative activity to credit providers.||zipMoney will check your credit report when you apply and reserves the right to report negative activity to a credit reporting body.|
|Availability||Full Openpay store list||Full zipMoney store list|
The buy now pay later sector is currently under an ASIC review. Find out more about this review.
More guides on Finder
Zip Business Trade Plus
Zip's Business Trade Plus service allows you to split the cost of your business expenses up to $150K over four4 monthly instalments, without having to pay anything for the first 60 days, for a 3% fee. Find out more here.
Great Southern Bank Variable Rate Personal Loan
With a Variable Rate Personal Loan from Great Southern Bank you get simplicity matched with the opportunity to save yourself hundreds of dollars in interest fees. The flexibility in repayments that this loan gives you makes it easy to keep up with and pay it off without incurring extra fees.
Payday loans with no credit checks
These lenders won't complete a credit check when people apply for a loan, but there are other eligibility requirements that applicants must meet. Learn more here.
Emergency Loans For Single Mothers
Emergency loans for single mothers are personal loans that are processed quicker than usual loans to give fast access to funds. Our guide explains the pros and cons of emergency short term loans.
CommBank Neo Business Interest-Free Card
This no interest, flat-fee credit card gives you a way to manage your business spending with predictable costs.
Virgin Money Boost Saver (for 18-24 year olds)
The Virgin Money Boost savings account (for 18-24 year olds) offers bonus interest each month you deposit money and meet the purchase requirements. Here's how the account works and how to apply.
Virgin Money Boost Saver Account (25+ year olds)
The Virgin Money Boost savings account (for 25+ year olds) offers bonus interest each month you deposit money and meet the purchase requirements. Here's how the account works and how to apply.
Coles No Annual Fee Mastercard – Exclusive Offer
Enjoy 10,000 bonus points and 12 months interest-free on balance transfers and purchases. Plus, an ongoing $0 annual fee.
Finder’s RBA Cash Rate Survey: 60% of experts blame BNPL for drop in credit cards
Credit cards are being used less and experts say Buy Now Pay Later services such as Afterpay and Zip are to blame according to the latest Finder RBA Cash Rate Survey results.
Response to the Inquiry into Future Directions for the Consumer Data Right
Finder's submission in response to the Inquiry into Future Directions for the Consumer Data Right.
Ask an Expert