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Zip Pay
Instalments
4
Instalment frequency
Fortnightly
Maximum Credit
$1k
Zip Pay
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
Promoted buy now pay later products
Product data updated on 14 May 2024