Zip Pay interest-free payments

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.

Product NameZip Pay
Interest Rate (p.a.)0% (fixed)
Comparison Rate (p.a.)
Interest Rate TypeFixed
Min Loan Amount$350
Max. Loan Amount$1,000
Loan SecurityUnsecured

Pros

  • No interest ever
  • Up to 60 days fee-free

Cons

  • Monthly fee after 60 days
  • Only available at certain stores

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.

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

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122 Responses

  1. Default Gravatar
    ZingooMarch 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?

    • finder Customer Care
      JoshuaMarch 17, 2019Staff

      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

  2. Default Gravatar
    SarahMarch 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?

    • finder Customer Care
      JeniMarch 9, 2019Staff

      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

  3. Default Gravatar
    AnthonyFebruary 21, 2019

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

    • finder Customer Care
      JohnFebruary 22, 2019Staff

      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

  4. Default Gravatar
    BeccFebruary 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?

    • finder Customer Care
      JoshuaFebruary 7, 2019Staff

      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

  5. Default Gravatar
    NessaJanuary 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?

    • finder Customer Care
      JoshuaJanuary 29, 2019Staff

      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

  6. Default Gravatar
    Rachelball3January 17, 2019

    Once you get a $6 late fee, do I get another month to pay it off? And does it charge $6 for every month that you don’t finish paying it off?

    • finder Customer Care
      JhezelynJanuary 19, 2019Staff

      Hi Rachel,

      Thank you for your comment.

      Yes, you have another month to pay it off but you’ll need to check your statements to make sure that you’re updated to your balance. If you do not pay it off after the second month, you will incur a late fee of $5, plus $6 account fee and $40 minimum repayment.

      Just to make a clarification, the $6 is called the monthly account keeping fee which is applied only at the end of the following month from the date of your purchase, not a late fee. You will be sent a statement at the start of each month. This will provide a summary of any purchases you made during the month prior and how much you owe in total. You’ll then have until the end of the month to pay off your balance in full so that the $6 account keeping fee is waived.

      If you’d prefer to take extra time to pay off your balance, you’ll just need to pay the monthly minimum of $40, and a $6 account fee will be added to your balance for the following month. The minimum required payment of $40, is required each month. If this amount is not paid within 21 days after the Due Date a $5 late fee will be added to the account. Hope this helps.

      Regards,
      Jhezelyn

  7. Default Gravatar
    MakaylaJanuary 14, 2019

    When shopping instore do you have to have money in your account for an initial payment or do you deposit it yourself to Zippay?

    • finder Customer Care
      JohnJanuary 15, 2019Staff

      Hi Makayla,

      Thank you for reaching finder.

      Once approved for Zippay, you get a line of credit of $1,000. As long as the item you are purchasing is within the limit provided, there is no need for cash to be given. Hope this helps!

      Cheers,
      Reggie

  8. Default Gravatar
    DanielHJanuary 7, 2019

    If I make a purchase instore with ZipPay, do I have to pay anything upfront?

    • finder Customer Care
      JhezelynJanuary 8, 2019Staff

      Hello Daniel,

      Thank you for your comment.

      There’s no upfront payment when you purchase through ZipPay. You will be sent a statement at the start of each month after the purchase. This will provide a summary of any purchases you made during the month prior and how much you owe in total. You’ll then have until the end of the month to pay off your balance in full so that the $6 account keeping fee is waved.

      Should you wish to have real-time answers to your questions, try our chat box on the lower right corner of our page.

      Regards,
      Jhezelyn

  9. Default Gravatar
    DeanJanuary 4, 2019

    Do I need to pay anything instore on my first purchase or just the minimum payment within a month?

    • finder Customer Care
      CharisseJanuary 5, 2019Staff

      Hi Dean,

      Thanks for reaching out to finder.

      With Zip Pay, you won’t have to pay anything when making purchases instore or online. They will pay the retailer on your behalf and you simply pay them back over time as per your chosen repayment schedule (weekly, fortnightly or monthly). The payments will then be taken automatically from your selected payment method on the scheduled date.

      I hope this helps.

      Cheers,
      Charisse

  10. Default Gravatar
    JonathonDecember 4, 2018

    Hi I’m wondering what the requirements are to be approved for zip pay? Do you need a certain amount of credit? Do they do credit checks?

    • finder Customer Care
      JoshuaDecember 5, 2018Staff

      Hi Jonathon,

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

      Upon checking, there are no specific requirements listed on the page of zipPay. However, you can quickly know your eligibility by simply going through their quick online sign-up process. You don’t need a certain amount of credit. During the application, zipPay do a credit check. They also perform identity checks to verify your identification and your ability to manage payments.

      You may also want to directly get in touch with zipPay’s customer support to confirm or get a more personalised advice.

      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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