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- Zip Money
Zip Money
Instalments
Instalment frequency
Fortnightly
Maximum Credit
$5k
Zip Money
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
