Estimated Spending Power* is the estimated amount you have left to spend on Zip app orders. We’ve introduced a new way that you may be able to increase your estimated spending power by paying off a streak of 5 app orders on-time or early.

You need to pay a streak of 5 on-time orders over $35 each to be eligible to earn an estimated spending power increase (however, estimated spending power is not guaranteed). The first 5 orders over $35 become active when the first installment is successfully paid at time of purchase. Each order becomes active once the first installment is successfully paid at time of purchase. Both scheduled and early payments count towards the streak progress. You will be notified to collect your new estimated spending power in the app after paying all 5 orders, if you are eligible for an increase.

All 4 installments of an order must be paid for that order to count towards your streak progress. Single installment payments do not count towards streak progress until an order is successfully paid. If you miss an installment payment for more than 3 days, your streak progress will be reset to zero and you need to start again.

Additionally, only orders placed after program launch will count towards your payment streak. Paying past orders will not increase your streak however positive payment behavior for previous orders is taken into account when the estimated spending power increase amount is awarded on program completion.

Since the first 5 orders over $35 are part of the streak at the time of the first successful installment payment, any orders placed after the first 5 will not count towards the streak even if they are paid off first (unless one of the first 5 were refunded). See ‘How do refunds work?’ for more information.

Estimated spending power increases range from $25 - $100 depending on a number of factors including your payment behavior, current spending habits and how long you’ve been with Zip. Your exact estimated spending power increase amount will only be rewarded after you have successfully paid 5 on-time orders.

As you pay orders and progress in the program, the streak tracker will be automatically updated. You can track this in the app anytime by clicking on the orders tab or on the estimated spending power section on the upper right side of the homescreen.

Early payments count towards increasing your streak progress. You can make as many early payments as you’d like to earn that estimated spending power increase faster!

Payment date changes do not impact your streak progress as long as you pay back your delayed installment on time.

You will be notified in the app upon missing installments and you can pay missed installments directly from the app. If you miss an installment payment for more than 3 days, your streak progress will be reset to zero and you need to start again.

You can get an estimated spending power increase every 90 days. If you have paid your 5-on-time orders and earned your first increase, you would need to wait another 90 days from the date of your first increase before you are eligible to start earning your second one.

If the order amount after receiving a refund is still more than $35 then the order will still count towards the streak. If the order amount after the refund is less than $35 then the order will not count towards the streak, but the streak will not reset. The first eligible order placed after the refund date will be the next to count towards the streak.

*Your Estimated Spending Power is a point in time estimate of how much you may be able to spend, it is not guaranteed, and it is impacted by a number of factors. 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