Zip Pay interest-free payments

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Get a 100% interest-free line of credit with control over your repayments.

Zip Pay is a simple interest-free payment solution provided by Zip Co and accepted by thousands of stores and online vendors across Australia. Zip Pay lets you make purchases now and pay later, without the need for a credit card.

Once you sign up and get approved, you’ll have a line of credit up to $1,000 and a shopping account. Using your account and credit line, you can make purchases which you then pay back in regular instalments.

$350

Min Loan Amount

Details

Product NameZip Pay
Interest Rate TypeFixed
Min Loan Amount$350
Max. Loan Amount$1,000
Loan SecurityUnsecured

How does Zip Pay work?

You can start using Zip Pay after going through the quick sign-up process. Once you’ve signed up and been approved, you can make purchases in two ways:

  • Online. Select Zip Pay as your payment method during checkout.
  • In store. At any participating Zip Pay merchant, sign in to your Zip Pay account and select Zip Pay as the payment method during checkout.

Once you’ve made a purchase, you choose how you'd like to repay. You can choose a weekly, fortnightly, or monthly repayment schedule. A minimum monthly payment of $40 is required.

To avoid the $6 monthly fee you need to pay off your purchase by the end of the month you receive your statement. You will receive your statement on the first day the month following your purchase (which is why you get "up to 60 days" fee free). After this date, a $6 monthly fee will be added to your outstanding balance.

All payments are 100% interest-free and you can sign up for direct debit so payments are made automatically from your bank account or credit card according to the repayment schedule that you’ve chosen.

Watch: More about Zip Pay

Not what you're after? Find out about zipMoney

Features of shopping with Zip Pay

  • 100% interest-free repayments. Zip Pay doesn’t charge any interest on your outstanding balance.
  • Low (and avoidable) fees. The $6 monthly fee applies only at the end of the following month from the date of your purchase. To avoid this fee, simply pay your purchase back in full before this date. A late fee of $5 applies if you do not make your minimum repayment within 21 days of the due date.
  • Credit limits. Zip Pay offers three different credit limit tiers: $350, $500 and $1,000. When you apply the algorithm will approve you for one of the limits.
  • Quick and simple sign-up process. Simply visit Zip Pay’s sign-up page and use a valid Facebook or PayPal account to get set up.
  • Instant use. Once you’ve completed the quick sign-up process and are approved, your Zip Pay account is immediately available to you.
  • Available at thousands of stores across Australia. Zip Pay is available at thousands of stores across Australia.
  • Very flexible repayment plans. As long as you meet the minimum required $40 monthly repayment, you can set up repayments as you like. You can choose to pay off your loan weekly, fortnightly, or monthly for any amount you choose.
  • Automatic deductions. You can set up a direct debit to automatically deduct repayments from your bank account or credit card according to the repayment schedule you’ve set up.

How much will this cost?

Zip Pay doesn’t charge any interest on your balance. In addition, there are no establishment or annual fees.

  • Initial fee-free period. No fees are charged during your first billing cycle. The billing cycle runs from the day you’ve made the purchase until the end of the following month for a maximum duration of 60 days.
  • Minimum required $40 monthly repayment. Although this isn’t a fee, Zip Pay does require a $40 minimum monthly payment to be made towards your balance each month.
  • Monthly service fees. After the fee-free period, if you don’t pay your balance in full, you’ll be charged a flat $6 service fee on the first of every month that you have an outstanding balance.
  • Late fees. Zip Pay may charge a late fee of $5 when you’ve made no repayments for more than 21 days (not including the initial fee-free period).

How to sign up with Zip Pay

Click "Go To Site" above to begin your application. To sign up for Zip Pay, you’ll need to meet the following criteria:

  • Be an Australian citizen or permanent resident
  • Be at least 18 years of age and able to enter into a legally binding contract
  • Have a valid and verifiable mobile phone number and email address
  • Have an Australian bank account or credit card
  • Have basic information about yourself as well as bank account or credit card details

To sign up, you can create an account using your Facebook or PayPal account information. Once you’ve signed up with your basic information, you’ll be given approval within seconds, after which you can immediately begin buying with Zip Pay.

Have more questions about Zip Pay?

How safe is Zip Pay?

Zip Pay uses advanced Secure Socket Layer (SSL) encryption along with two-factor authentication on all purchases to protect your personal information and transactions.

How do I avoid fees?

Repay your purchase within the initial period (up to 60 days) to avoid the $6 monthly fee.

How does the online account work?

You can sign into your Zip Pay shopping account to view transaction reports, adjust repayment schedules, make additional payments, modify payment information and more.

Full list of stores with Zip Pay

Personal Loan Offers

Important Information*
Logo for Citi Personal Loan Plus
Citi Personal Loan Plus

You'll receive a variable rate between 9.99% p.a. and 17.99% p.a. (9.99% p.a. to 17.99% p.a. comparison rate) based on your risk profile
A credit limit up to $75,000 that you can continue to draw down over terms up to 5 years. Note: No establishment fee and no monthly account service fees apply if you apply and are approved before 31 March 2020.

Logo for RateSetter Unsecured Personal Loan - 3yr Variable
RateSetter Unsecured Personal Loan - 3yr Variable

You'll receive a variable rate between p.a. and 16.40 p.a. based on your risk profile
A flexible loan with amounts from $2,001 and terms starting from 6 months. Interest and comparison rates calculated for a loan term of 3 years.

Logo for ING Personal Loan
ING Personal Loan

You'll receive a fixed rate of 8.99% p.a.
Benefit from no ongoing fees, no early repayment fees and flexible loan terms on amounts up to $30,000.

Logo for Harmoney Unsecured Personal Loan
Harmoney Unsecured Personal Loan

You'll receive a fixed rate between 6.99% p.a. and 28.69% p.a. based on your risk profile.
Apply for a loan up to $70,000 and repay your loan over 3 or 5 years terms.

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132 Comments

  1. Default Gravatar
    Christine
    September 26, 2019

    Hi,

    I applied for a zip account and I added my credit card. A $1 payment was processed by Zip and then I was immediately told my application was unsuccessful. Why did they take the $1 before approving me? Will I get that $1 back?

    • AvatarStaff
      Jeni
      September 28, 2019

      Hi Christine,

      Thank you for getting in touch with Finder.

      Sorry to hear that your application was rejected. Kindly check your credit card completed transactions and check if there was $1 charged by Zip. If there was no account created, they shouldn’t charge you for the said amount. Kindly reach out Zip directly if it was charged successfully.

      I hope this helps.

      Thank you and have a wonderful day!

      Cheers,
      Jeni

  2. Default Gravatar
    Justin
    August 8, 2019

    How long do I get too pay it off if I don’t do it in the first month or the second or third month? Is there a limit on how many months you get too pay it off?

    • AvatarStaff
      Jeni
      August 9, 2019

      Hi Justin,

      Thank you for getting in touch with Finder.

      Please note that Zip Pay requires a $40 minimum monthly payment to be made towards your balance each month. I suggest that you contact Zip Pay when it comes to extended payment.

      I hope this helps.

      Thank you and have a wonderful day!

      Cheers,
      Jeni

  3. Default Gravatar
    Muhamer
    May 21, 2019

    can i pay my credit card bill via zippay?

    • AvatarStaff
      Nikki
      May 21, 2019

      Hi Muhamer,

      Thanks for your inquiry!

      You can pay bills from any biller that accepts BPAY payments with some exclusions such as vehicle registration, credit card bills, personal loans betting accounts and specific billers outside of our responsible lending guidelines.

      Hope this was helpful. Don’t hesitate to message us back if you have more questions.

      With care,
      Nikki

  4. Default Gravatar
    rick
    May 2, 2019

    Are you able to explain to me how to close my account if I decide too down the track

    cheers

    • AvatarStaff
      Bella
      May 2, 2019

      Hi Rick,

      Thank for your inquiry.

      You may need to contact Zip pay to request the closure of your account and provide your full name, DOB, and residential address. Please note that before you can close your account your outstanding balance must be $0.

      I hope this information helps.

      Kind regards,
      Bella

  5. Default Gravatar
    Claire
    April 8, 2019

    How would it work if I bought a laptop when i just created the account?

    • AvatarStaff
      Mai
      April 9, 2019

      Hi Claire,

      Thanks for reaching out.

      If you already bought a laptop, I’m afraid you can no longer use Zip Pay for the pay later scheme. To be able to use Zip Pay, you should Select Zip Pay as your payment method during checkout for online purchases or if payment is made at a store, you need to sign in to your Zip Pay account and select Zip Pay as the payment method during checkout.

      You can try that on your next purchase though. :)

      Hope this helps.

      Kind Regards,
      Mai

  6. Default Gravatar
    Zingoo
    March 16, 2019

    Regarding that $6 fee, if I make a purchase on 15th of March, what is the time I will get to pay my outstanding balance without a fee? Is it 31 march or 30 april or 31 May?

    • AvatarStaff
      Joshua
      March 17, 2019

      Hi Zingoo,

      Thanks for getting in touch with Finder. I hope all is well with you. 😃

      Regarding your question, the answer would depend on when you will receive your statement. Normally, you should receive your statement on the first day the month following your purchase. So, for your example, if you made a purchase on March 15, then you should expect to receive your statement on April 1. This means that you have until the end of the month or April 30 to pay off your purchase to avoid the $6 fee to be added to your outstanding balance.

      I hope this helps. Should you have further questions, please don’t hesitate to reach us out again.

      Have a wonderful day!

      Cheers,
      Joshua

  7. Default Gravatar
    Sarah
    March 7, 2019

    Hi,

    The way one part is worded is a bit confusing. Just want to clarify that, say my monthly repayment is $90, and after 60 days I’m out of the free fee period, if I pay my $90 on the correct day of each month I don’t get charged a $6 flat fee, do I? It’s only if I’m late paying my $90 every month, correct?

    • AvatarStaff
      Jeni
      March 9, 2019

      Hi Sarah,

      Thank you for getting in touch with Finder.

      I’m afraid it is not. Once you make a purchase, you’ll get your first statement on the first day of the month following your purchase. You’ll then notice that it has no monthly fee of $6. This monthly fee applies only at the end of the following month from the date of your purchase. Therefore, so long that you’re paying the minimum of $90, you will be seeing this monthly fee of $6 until you pay off your outstanding balance. To prevent yourself from paying this fee, simply pay your purchase back in full before the date that you’d see on your first statement after your purchase.

      If you do not pay your minimum monthly repayment – let’s say $90, then you will be charged a late payment fee of $5. If you still find this confusing, please get in touch with ZipPay directly.

      I hope this helps.

      Thank you and have a wonderful day!

      Cheers,
      Jeni

  8. Default Gravatar
    Anthony
    February 21, 2019

    How much would repayments be on a purchure $6000 a month

    • AvatarStaff
      John
      February 22, 2019

      Hi Anthony,

      Thank you for reaching out to Finder.

      You would not be able to make a $6000 purchase using Zippay since the maximum loan amount for this service is $1000. Hope this helps!

      Cheers,
      Reggie

  9. Default Gravatar
    Becc
    February 3, 2019

    2 questions:

    First question, say if there is something I want that is $1200, and I can use zippay up to $1000, am I able to just pay the $200 there or will I need to go something under $1000?

    Second question: I’m trying to add my card to create an account and it’s saying error with my card, I’ve retyped it plenty of times to make sure everything is entered correctly. How can I resolve this?

    • AvatarStaff
      Joshua
      February 7, 2019

      Hi Becc,

      Thanks for getting in touch with finder. I hope all is well with you. :)

      Those are interesting questions, Becc. Let me answer them one by one.

      First question:

      The answer is that you would be required to pay the excess on the time of purchase. The excess would be paid with your registered credit or debit card. So for your example, zipPay would pay the $1000 and you would repay that according to your chosen repayment plan. $200 would be paid using your enrolled credit or debit card.

      Second question:

      I can’t tell you exactly why zipPay isn’t accepting your card. I went to their website and can’t find a specific answer too. Make sure that you are using an Australian card. If after a trying and you can’t still register your card, I highly recommend you directly get in touch with zipPay’s customer support.

      I hope this helps. Should you have further questions, please don’t hesitate to reach us out again.

      For the meantime, I would greatly appreciate 30 seconds of your time to leave some quick feedback through this survey. https://www.research.net/r/findercsat

      Have a wonderful day!

      Cheers,
      Joshua

  10. Default Gravatar
    Nessa
    January 24, 2019

    What happens if I make extra payments and then end up finishing the repayments before the schedule for repayment? Do I still get charged fees for having an active account with no more balance?

    • AvatarStaff
      Joshua
      January 29, 2019

      Hi Nessa,

      Thanks for getting in touch with finder. I hope all is well with you. :)

      Yes, it is possible for you to make extra payments and this allows you to pay off your balance faster. Thankfully, zipPay does not charge early repayment penalties. Moreover, other fees would only be charged if you don’t pay your balance on time. So, basically, you won’t pay any fees if you do early repayments. However, please be aware that scheduled payments would still be enforced unless you manually change your payment schedule.

      I hope this helps. Should you have further questions, please don’t hesitate to reach us out again.

      Have a wonderful day!

      Cheers,
      Joshua

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