Important disclosure

Zip

Zip Money

Instalments

Instalment frequency

Fortnightly

Instalments

Instalment frequency

Fortnightly

Maximum Credit

$5k

Pros and cons

For Zip Money

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 Money

Product

Instalments

Instalment frequency

Fortnightly

Maximum number of instalments

Can pay in weekly or monthly instalments

Credit limit

$5k

Credit check performed

Minimum interest rate

25.9%

Maximum interest rate

25.9%

Reward program

Fees

Minimum establishment fees

Maximum establishment fees

$99

Minimum late payment fees

$15

Maximum late payment fees

$15

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

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Max Instalments

ArtMoney

    Instalment Plan/Frequency

    10 / Monthly

    Maximum Credit

    $100k

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    Min Establishment Fee

    Afterpay

      Instalment Plan/Frequency

      4 / Fortnightly

      Maximum Credit

      $2k

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      Generic

      Deferit

        Instalment Plan/Frequency

        4 / Fortnightly

        Maximum Credit

        $2k