Zip Money can be used to purchase all SH Jewellery engagement rings over $1000 instore and online, with a guaranteed minimum interest-free period of 3 months.
Zip Money gives you the freedom to set your own engagement ring payment plan schedule, with repayments automatically direct debited from your preferred payment method.
You can change your repayment frequency to weekly, fortnightly or monthly, as long as you’re covering your minimum monthly repayments.
Minimum repayments start at $10 per week and are determined according to the credit limit of your account; the higher the credit limit, the higher the minimum monthly repayments for engagement rings.
The strength of your application will determine the maximum credit limit Zip can offer based on the information you provide.
Zip Money accounts incur a $6 monthly account service fee when there is an outstanding balance at the end of each month, as well as a one-off establishment fee for certain credit limits.
You may be eligible for a credit limit increase once you've been using your account for at least 6 months, and you demonstrate good repayment history with minimal to no missed repayments.