zipPay is a third party payment option that provides you with a reusable account of up to $1000, letting you shop now and pay later. There is no upfront payments and it is interest free. You are allowed as many purchases as you like, up to your account limit. You can then set up flexible repayments to suit your lifestyle. It is easy to apply via zipPay and can be approved for up to $1000.
There is no establishment fee to setup your zipPay account and there is no interest ever. If you have repaid your balance in full within 30 days you will never be charged any fees. Additionally, once you have paid your balance down to $0, no fees will ever be charged to your account - it will simply remain open waiting for you to use again to make additional purchases.
At the end of every billing month, you can choose to pay off your balance in full, or simply make a payment that suits your budget. There is a minimum repayment of $40 per month required, this will come from your linked debit card on the last day of each month. There is a $6 monthly account fee, this monthly fee is waived if your closing balance is paid by the due date. If you don't meet your monthly repayment, a $5 late fee may apply.
Find out more about zipPay here.