Learn about how you can own it now, pay later with zip | money>
Zip Money and Zip Pay are a convenient and straightforward payment solution to allow you to buy now and pay later. Zip Money and Zip Pay are the smarter way to pay for what you want right now, and Chaise Sofas is proud to offer Zip Money and Zip Pay as a payment method across our range. We have many chaise sofas, lounge suites and adjustable sofa beds for you to choose from; all available to purchase with either Zip Money or Zip Pay.
Create your account in
moments and select
Zip at checkout
We pay the store,
you get the goods,
nothing to pay today
Choose how you pay
us back over time, up to
12 months interest free
What is Zip Money?
Zip Money and Zip Pay allow you to personalise your finance arrangements for your new lounge to take the strain from your purse strings. For new Zip customers the process is simple and easy: Step 1: Find the sofa, lounge or couch you love and select Zip as your payment option. Step 2: Depending on the value of the purchase, you will be directed to apply for either Zip Money (over $1000) or Zip Pay (under $1000) Step 3: As a new Zip customer you will then create your Zip Money or Zip Pay account with a quick application and an instant decision Step 4: After approval you can pay for your new lounge with Zip Money or Zip Pay using your new digital wallet. Then all you have to do is sit back and enjoy your new Chaise Sofa. If you’re an existing Zip customer you will simply be directed at the checkout to log in to your Zip account to finalise your purchase.
Lounge, Sofa and Couch Options on Zip Pay or Zip Money
We offer a wide selection of lounge, sofa and couch options available with Zip, making it easy to avoid paying interest on your new purchase. You only need to pay off your new lounge before the interest free period is over to enjoy it even more.
VIEW OUR BEST SELLERS
The smarter way to pay for what you want today
We give you one account with one
monthly statement, no matter
how many times you shop
Easy interest free terms.
No hidden fees or
Choose repayments that suit your lifestyle – weekly, fortnightly
We own easy
We make it easy for you to never pay interest again. Simply pay off your purchase before the interest free period ends, and you get to enjoy what you love even more.
Interest free. Easy as.
What is Zip Money?
Zip Money is a reusable account that lets you buy now and pay later. Shop online and instore up to your account imit, then set flexible repayments to suit your lifestyle. There’s no deposit and every purchase comes with it’s own interest free period.
How does it work?
Apply and get a decision in minutes. Once approved, start shopping online and instore, anywhere you see Zip at checkout. That’s it - the items are all yours, with nothing to pay today. Simply pay over time with great interest free terms on every purchase.
How do repayments work?
Repayments start from just $40 a month and are based on your account’s credit limit. Simply choose from weekly, fortnightly or monthly, and pay any amount you like as long as you meet the monthly minimum for your account (outlined in your contract).
Every Zip Money purchase comes with an interest free period. Pay off your purchase within this period and you won’t pay any interest. After this period, a standard interest rate of 19.9% will apply to any remaining balance.
You can also make additional payments at any time, and there are no penalties for paying off your purchase early. Finally, if there’s nothing owing on your account, there’s nothing to pay and no fees. Your account simply remains active until you’re ready to make a purchase.
Am I eligible for Zip Money?
To be eligible to apply for a Zip Money account, you need to:
- Be an Australian citizen or permanent resident
- Be at least 18 years of age
- Be employed in some capacity, earning more than $300 per week
- Have not declared bankruptcy or insolvency
We’ll then apply our lending criteria to each application.
What are the fees and interest?
Every Zip Money purchase comes with a minimum of 3 month interest free period with some retailers offering up to 50 months interest free. After the interest free period, a standard interest rate of 19.9% p.a. applies.
There may be a one-off set-up fee depending on your account limit, which we’ll add this to your balance so there’s nothing to pay upfront. There’s a $6.00 monthly account fee, which is waived if your closing balance is paid by the due date. No balance no fee