Important disclosure
Zip Pay
Instalments
4
Instalment frequency
Fortnightly
Instalments
4
Instalment frequency
Fortnightly
Maximum Credit
$1k
Pros and cons
For Zip Pay
Benefits
- Signed up to BNPL code of practice
Drawbacks
- Late payment fees
- Available for limited purposes
Zip Rate Buy now pay later overview
For Zip Pay
Product
Instalments 4 | Instalment frequency Fortnightly |
Maximum number of instalments Can pay in weekly or monthly instalments | Credit limit $1k |
Credit check performed | Minimum interest rate |
Maximum interest rate | Reward program |
Fees
Minimum establishment fees | Maximum establishment fees |
Minimum late payment fees $5 | Maximum late payment fees $5 |
Minimum ongoing payment fees Only applicable if there is a balance owing | Maximum ongoing payment fees $9.95 monthly |
Support
Mobile app available | Apple Pay |
Google Pay | Samsung Pay |
Card available |
