Account limit | Over $1000 |
Interest free period | 0% interest for 6 months Promotional offers 6-48 months |
Establishment fee | $0 - $99 |
Minimum repayments | From $40/month |
Account fee | $6/month waived if you have no balance |
It's easy! Every time you make a purchase its simply added to your Zip account. Then at the beginning of the month, Zip will send you a summary (called a "statement") of what you spent and what you paid in the month. You can then pay it back in full at the end of the month or pay over time from as little as $40 a month, interest free.