72 Months Interest Free with Zip Money (Loan Minimum $5,000, Maximum $50,000) @ Solahart

14

Go to Deal

Marketingdollar dialler @ Zip on 01/05/2024 - 13:20 solahart.com.au (167 clicks)
Last edited 01/05/2024 - 17:04 by 1 other user

Offer

• Enjoy 72 months interest free with Zip Money purchases via Solahart
• Purchases over $5000
• Maximum purchase of $50,000
• Available until 30th June
• $9.95 monthly account fee
• Establishment fee may apply for new Zip Money customers

Full T&Cs:

72 Months Interest-Free is available for purchases of $5,000 or more. Available for approved applicants only and subject to completion of satisfactory credit check. Minimum monthly repayments are required. Paying only the minimum monthly repayment amount will generally not repay the purchase within the interest free period. Any balance outstanding at the expiry of the interest free period will be charged at the standard variable interest rate, 25.9% per annum, as at 1 June 2023. A monthly account fee of $9.95 applies and a one-off establishment fee may apply for new customers. Other charges may be payable, see T&Cs. Interest, fees and charges are subject to change. See your contract for further details. Credit provided by ZipMoney Payments Pty Ltd (ABN 58 164 440 993), Australian Credit Licence Number 441878). These offers are available from 01/05/2024 until 30/06/2024 11.59 pm AEST.

Related Stores

Solahart

Zip

Third-Party

• 

  athk on 01/05/2024 - 13:26

  +2

  A monthly account fee of $9.95 applies and a one-off establishment fee may apply for new customers

  Disgusting

• 

  easternculture on 01/05/2024 - 13:26

  A monthly account fee of $9.95 applies

  Thats where they get you

  • 

    MS Paint on 01/05/2024 - 13:30

    +9

    I'm shit at maths but $5000 over 72 months is $720 in "interest" or 14.4%

    More like a PSA than a bargain.

    • 

      dan76n on 02/05/2024 - 09:58

      +1

      Not saying this is a good deal but it’s not 14.4%pa which is what you should be comparing.
      $9.95 x 12 = $119.40 which is about 2.4%pa on a 5k loan.
      So many other factors to consider though.

• 

  Hybroid on 01/05/2024 - 13:32

  +3

  That's over $700 in monthly fees..

  Also used to be $7.95 per month for eBay, why $9.95 here…

• 

  hrcdan on 01/05/2024 - 13:41

  Can this be used to install a Tesla power wall?

• 

  guidedlight on 01/05/2024 - 13:43

  +2

  Part 10 of the National Credit Code requires that credit providers include a comparison rate when they advertise fixed-term credit which is for, or mainly for, personal domestic or household purposes.

  No comparison rate is provided, therefore deal is literally against the National Credit Code.

  • 

    Dollar General on 01/05/2024 - 14:01

    BNPL is not currently regulated under the National Consumer Credit Protection Act (NCCP Act)

    • 

      guidedlight on 01/05/2024 - 14:11

      This isn't BNPL. Zip Pay is the BNPL offering. Zip Money is a loan.

      • 

        Dollar General on 01/05/2024 - 14:12

        Ah right. My bad. They should call it zip loan

• 

  JAY13 on 01/05/2024 - 14:05

  Stay away from this mob. Most rip off solar company.

  • 

    easternculture on 01/05/2024 - 14:15

    Then solar company rip us off. Just gets passed down the chain

• 

  mynamewahhhwahh on 01/05/2024 - 14:09

  Always worth checking if the price for cash or bank transfer is lower. The merchant fee that zip charges will be applied to the customer and I found it wasn't worth using even to get a so called "interest free period". Was something like a 12% merchant fee.