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Starting 31st July 2023, the late fee for Zip Pay in 4 will increase from $8 to $10 on new orders. If you miss a payment, you will see the new late fee of $10 added. This means for orders made from 12:00 AM NZST 31st July 2023, the new late fee amount of $10 will apply to any payments not received on or before their due date. The maximum limit for late fees per order will remain at $40. Purchases made before 31st July will not be impacted by this change. Orders with payments made on time will continue to not incur late fees. |
We won’t charge any fees or interest if you pay early or on time. If you do miss a scheduled payment, an $10 default fee is added to your account, and your spending will be paused until your overdue payments have been made. A further $10 fee is applied for every week the payment is unpaid.
Our fees are capped at $40 per order, but we really encourage you to get your payments up to date before this point. Being late on payments means that your details may be passed onto a collections agency and have your credit score negatively impacted.