If you're shopping online with any of our merchants and the total value of a transaction is above the spend limit that is specified on your Zip account, you have the opportunity to pay for the difference upfront, on top of your initial instalment. When you log in to your Zip account on checkout, you'll be informed of the value of the increased initial payment and future instalments. This is only available online, so you won't be able to do it for in-store purchases.
In the example below, the account spend limit is $960.02 but the purchase value is $1799.99.
- Instalment 1 – $1079.97 (25% of purchase price + $839.97 (the amount the spend limit is exceeded by))
- Instalment 2 – $240
- Instalment 3 – $240.01
- Instalment 4 – $240.01
- Other retailers may allow split payments, so you could pay partially with Zip and with cash/card for the remaining balance.
- If you're purchasing an Early Bird Season Pass with Cardrona & Treble Cone, you can purchase above your Zip spend limit and spread the cost evenly over 4 fortnightly instalments. Read more on this here
- Unfortunately we are unable to manually increase your spend limit, but this will gradually increase the more you shop using Zip.