Every Zip Money purchase comes with an interest-free period of up to 3 months*, and some purchases may receive extended terms of up to 60 months with selected partnered retailers.
How to avoid interest
To avoid interest, ensure your repayments are high enough to pay off the purchase before its interest-free period ends. Paying more than your minimum monthly repayment (MMP) will help you stay interest-free.
How to manage your interest-free periods
The Zip App helps you understand and manage your interest-free terms by showing:
- your total interest-free balance
- which purchases are close to their interest-free expiry (next 60 days)
- your interest-bearing balance
Using this view can help you plan repayments and avoid interest.
*T&Cs and credit approval apply. A monthly account fee of $9.95 will apply. A one-off establishment fee may apply for new customers. 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. Find out more here.