How Zip works

Apply now, and get a decision in minutes

You pay zip in weekly/monthly payments

For purchases up to $1,000

For purchases over $1,000
Account limit Up to $1,000 $1,000 to $5,000 subject to credit approval from Zip
Interest free period Always interest free Annual rate of 23.9% on outstanding balance after interest free period expired
Set up fee No set up fee $25 - $99 (as Contiki are offering up to $5k account limits)
Minimum repayments $40/month $40/month or 3% of owing balance (whichever is greater)
Payment frequency Weekly, fortnightly or monthly Weekly, fortnightly or monthly
Account fee $7.95/month where there is an outstanding balance $7.95/month where there is an outstanding balance
Late fee Learn more about Zip Pay late fees here Learn more about Zip Money late fees here


Gift cards are unavailable to purchase with Zip

Frequently asked questions

All you need is:

  • A valid email address and mobile number.
  • Be at least 18 years old.
  • Be an Australian Citizen or Permanent Resident.
  • Have a good credit history.
  • Read more about what you need to apply for a Zip account here.


How to use Zip:

  • Choose the account that's right for you.
  • Sign up and get a decision in minutes.
  • Select Zip at checkout.
  • Log into your account to set up your a repayment schedule to suit your lifestyle.
  • Reuse your account anywhere you see the Zip logo.


Fees & interest:

  • Zip Money is interest free if you pay off your purchases within the interest free period.
  • Standard interest rate of 23.9% applies after the interest free period.
  • The $7.95 monthly account fee is waived if you pay your balance by the due date.
  • If there's nothing owing on your account, there's nothing to pay and no fees.



  • Choose from weekly, fortnightly or monthly payments to suit your lifestyle.
  • Repayments start from $40 a month and are based on your account's credit limit.


Returns & refunds:

If your item meets Contiki’s cancellation policy, the purchase amount will be refund back to the customers bank account & it’s their responsibility to pay their Zip Account

Read more here about repayments, interest and fees for Zip Money.

Terms and Conditions

Zip Pay
Minimum monthly repayments are required. A monthly account fee of $7.95 applies. Pay your closing balance in full each month and we'll waive the fee.

Zip Money
Minimum monthly repayments are required. Paying only the minimum monthly repayment amount will not pay out the purchase within the interest free period. Any balance outstanding at the expiry of the interest free period for the purchase will be charged interest at the contractual rate, currently 23.9%. A $7.95 monthly account fee applies. A one-off establishment fee may apply.

Available to approved applicants only. Terms & Conditions apply and are available on application. See your contract for further details. Credit provided by zipMoney Payments Pty Limited (ABN 58 164 440 993, Australian Credit Licence Number 441878).

For full T&C please visit zip.co/terms