The Finance Algorithm
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Zip Pay

Interest free buy now pay later account for everyday purchases.

Buy now, pay laterLender updated 4 Aug 2026
Apply at Zip ↗Product page ↗Fees and pricing ↗Terms ↗

At a glance

Monthly fee
$9.95

Fees

4 fees published, grouped by when they're charged.

While you hold it1

  • Monthly account fee

    Charged for account limits of $350 and above. Waived if the statement closing balance is paid in full by the due date.

    $9.95 a month

When you make a transaction2

  • BPAY processing fee

    Flat fee per bill paid via BPAY. Exemptions may apply.

    $2.50
  • Foreign transaction fee

    3% of the transaction value converted into Australian dollars.

    3.00% of balance

If a payment is late or fails1

  • Late fee

    Charged 7 days after the due date if the minimum monthly repayment is not made.

    $7.50 7 days after it's due

Features

Extra repaymentsFraud protectionApple PayGoogle Pay

Eligibility and limits

  • Minimum age 18
  • Residency: AU
  • Amount $350 to $1,000
  • Have your own valid and verifiable email address.
  • Have your own valid and verifiable mobile number.
  • Approval subject to Zip’s credit assessment criteria.

Published by Zip under the Consumer Data Right, last changed by them on 4 Aug 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.