Pay in 4* and Pay in 8** share some of the same great qualities with a few key differences. Below we have highlighted the two products:
Pay in 4:
Pay in 4 installments over six weeks
$35 minimum purchase
Available in-store, at checkout and in the app
Approved per purchase, per customer
Orders subject to finance charges
Pay in 8:
Pay in 8 installments over fourteen weeks
$200 minimum purchase
Pay in 8 Spending Power*** is up to double Pay in 4 Spending Power.
Available in the app and limited merchants on checkout
Orders are subject to finance charges
*For example, for a $335 purchase, you’d make four $85.25 payments every two weeks starting today for a 31.11% annual percentage rate and a total of payments of $341. A $6 installment fee is charged at commencement - you pay $1.50 of this fee as a prepaid finance charge when you make your initial payment today. The remaining $4.50 is included in your future payments. Actual installment fees vary and can range from $0 to $7.50 depending on the purchase price and Zip product used. Actual amount of fee for your purchase will be reflected in checkout. Estimation of installment payment and annual percentage rate excludes potential tax and shipping costs. Zip Pay Anywhere and Zip Checkout financing through Zip issued by WebBank. All loans are subject to credit approval.
**For example, for a $400 purchase, you'd make eight $52.13 payments every two weeks starting today for a 31.66% annual percentage rate and a total of payments of $417. A $17 installment fee is charged at commencement - you pay $2.13 of this fee as a prepaid finance charge when you make your initial payment today. The remaining $15.87 is included in your future payments. Actual installment fees vary and can range from $8 to $77 depending on the purchase price. Actual amount of fee for your purchase will be reflected in checkout. Estimation of installment payment and annual percentage rate excludes potential tax and shipping costs. Zip Pay Anywhere and Zip Checkout financing through Zip issued by WebBank. All loans are subject to credit approval.
***Your Estimated Spending Power is a point-in-time estimate of how much you may be able to spend, is not guaranteed, and is impacted by a number of factors. Zip or WebBank may decrease your estimated spending power within its reasonable discretion, including where you have previously had an unpaid balance or have an amount past due. Your spending power is not an open line of credit. Each transaction is separately reviewed for approval. For additional details, please see the terms and conditions.