12 Months Interest Free on Purchases with Zip Money + $7.95 Per Month Fee @ eBay

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Cashback

Marketingdollar dialler @ Zip Pay on 21/03/2023 - 11:22 ebay.com.au (115 clicks)
Last edited 21/03/2023 - 11:39 by 1 other user

Enjoy 12 months interest free on eligible transactions via Zip Money, on eBay.

*Maximum transaction value = $5000.
*Was previously 6 months interest free.
*Monthly fees apply

T&Cs

Zip Money – Interest free term subject to minimum spend and promotional partner offer. Available to approved applicants only and subject to completion of satisfactory credit check. Instalment plan splits eligible purchases of $300 and above into equal repayments within the interest free period. The repayment advertised will repay the transaction balance within the interest free period. A monthly account fee of $7.95 will also apply and a one-off establishment fee may apply for new customers. Minimum monthly payments are required – paying only the minimum monthly repayment may not necessarily repay a purchase within the interest free period. Any balance outstanding at the expiry of the interest free period will be charged at the applicable variable rate. The applicable standard variable rate is 23.9% per annum. Interest, fees and charges are subject to change. Terms & conditions apply and are available on application. See your contract for further details. Credit provided by ZipMoney Payments Pty Ltd (ABN 58 164 440 993), Australian Credit Licence Number 441878.

Related Stores

eBay Australia

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Third-Party

• 

  cloudie9 on 21/03/2023 - 11:23

  +13

  Not interest free anymore since you have to pay monthly fees…

  • 

    ihuntbargains on 21/03/2023 - 11:30

    +1

    fees are not interest though?

    • 

      sh4hp on 21/03/2023 - 11:32

      +6

      When it's $7.95/month, for $40/month repayments, I would rather go with interest.

      • 

        ihuntbargains on 21/03/2023 - 12:05

        +1

        well I'm not sure why you'd even get BNPL for a $480 item over 12 months to begin with.
        If you're making higher value purchases (purchase limit is up to $5000) then $8 a month is far better than interest.

        • 

          sh4hp on 22/03/2023 - 22:42

          +1

          @ihuntbargains: For multiple reasons mate.

          Budgetting mainly.

          Not everyone has $480 lying around for a want that isn't a need.

          • 

            ihuntbargains on 23/03/2023 - 07:45

            @sh4hp: If you can't afford $480 over the 4 payments that BNPL like Afterpay offer, with no monthly fees, then you probably shouldn't be buying the item, especially if it's a want, not a need.

            Not making logical use of a BNPL service isn't the fault of the service provider, its a user fault.

            • 

              sh4hp on 23/03/2023 - 16:40

              @ihuntbargains: We are regressing, but not many places offer ALL BNPL.

              And a want is never logical, money wise.

              Just saying that it's a charge that I would have rather gone with interest with instead. And because it goes into your balance, it's not reflected in your monthly repayments. My fault for not reading the TnC carefully. It flagged me when I kept seeing the monthly charge keep going even after the 6 months I divided the purchase across.

• 

  mmkardart on 21/03/2023 - 11:42

  +2

  I made a booking.com order (reserve only, unable to settle payment) via the Zip App for its 8% cashback.

  Received the booking.com in partnership with Zip email

  On arrival at the hotel, the Zip card wasn't accepted.

  Despite getting commission on this sale, Zip refuses to award the cashback.

  Disappointing.

  Will stick to better cashback providers.

• 

  dsiritz on 21/03/2023 - 11:49

  +3

  A monthly account fee of $7.95 will also apply and a one-off establishment fee may apply for new customers.

  Naaah.

• 

  191919 on 21/03/2023 - 11:54

  -1

  monthly fee lol

  bnpl is dead, look for another job op

• 

  ninohax on 21/03/2023 - 12:09

  -1

  The 'No-Interest Fee' title might look tempting but keep in mind that unlike something like after pay, Zip Pay has a $7.95 Monthly Fee that will be charged even if you make their so called minimum repayment. So basically you would be shelling out almost $100 for a year. Keep that in mind before you dive in. Made the same mistake and don't want anyone else to fall into this trap.

  • 

    tdw on 21/03/2023 - 17:44

    -1

    for zip pay, you need to pay the whole balance from the previous month off to avoid the monthly fee

• 

  bkksam on 21/03/2023 - 12:19

  +3

  The applicable standard variable rate is 23.9% per annum.What a BARGAIN…..NOT

  • 

    Igaf on 21/03/2023 - 12:50

    +1

    As Andrew Leigh said to ANZ's Elliott on CC rates: Twenty per cent is taking you into the world of payday lenders and loan sharks, not the world in which an esteemed major bank should be operating. And that's without any annual/monthly fees being taken into account. Disgraceful imo

• 

  nightelves on 21/03/2023 - 12:24

  +1

  There's also an establishment fee as well.

• 

  samfisher5986 on 21/03/2023 - 12:26

  +7

  Interest packaged up as a monthly fee. A nice lie from Zip Money.

  • 

    The Judge on 22/03/2023 - 10:48

    They're getting desperate…their share price is in tatters.

• 

  payless69 on 21/03/2023 - 12:48

  Feeeees? The System tells me that they go to affiliates and must stay!

• 

  WatchNerd on 21/03/2023 - 13:16

  +3

  This doesn't appear to be a bargain, more like using Ozbargain for free advertising.

• 

  Watanabe1995 on 21/03/2023 - 16:40

  $0-$99 establishment fee

  A one-off fee, up to $99, based on your approved credit limit may apply. See your contract for more details.