Plan your dream holiday without having to pay for it upfront with options that let you book now but pay later.
zipMoney is an online platform that lets you purchase items online, without having to pay the whole amount at the time of purchase.
In other words, you can buy now and pay later which is great if you're eyeing a holiday but haven't hit payday yet or need some time to build up the funds.
Once you're approved, nominate it as your payment form during the checkout at participating retailers like how you would select to use a credit card or paypal. Depending on the company you're booking with, you then have 3, 6 or 12 months to pay it off before interest kicks in. Any outstanding payments will accrue interest and establishment, account keeping and late fees may apply.
Which sites offer zipMoney for holidays?
zipMoney is currently offered by a handful of online agents that deal with packaged holidays which include hotel and accommodation.
You can browse the full list below:
|Store||Go to site|
|Contiki||Find your holiday|
|Webjet||Find your holiday|
|TheR8.com||Find your holiday|
|TripADeal||Find your holiday|
How does ZipMoney work?
zipMoney is geared towards larger purchases such as your dream vacation and offers payment plans in periods of 3, 6 or 12 months. zipPay is focused on smaller purchases of up to $1,000.
If you're using zipMoney, you'll need to pay up to a $99 establishment fee, then can pay off your holiday in minimum monthly instalments of $40. No interest will be charged until the 3, 6 or 12 month mark (depending on what the terms of the company are). If you've made your booking with zipPay, you'll need to pay in minimum $40-per-month instalments as well plus a $6 account fee in lieu of interest. If you don't pay on time, you'll be charged a late fee.
If an online store accepts zipMoney you can select it as your option at checkout, submit a quick application and be approved in real time.
You then have your new digital wallet and are free to make purchases.