That is exactly the point Zip have a mantra as being fearless in providing a fairer alternative than in the words of DJ Larry the " broken credit card model " when in fact their fees are anything but fair and indeed anything but transparent.
They are nothing more than another credit card model dressed up as FinTech except they have spent billions of dollars attracting the least credit worthy consumers.
Their churn rates will be very high when customers realise they are being gouged so their present fee structure is unsustainable.
They chop and change their offer every few weeks as nothing is working for them as evidenced by increasing losses for the last eight years
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1 | 29495 | 1.685 |
10 | 46004 | 1.680 |
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7 | 81665 | 1.670 |
Price($) | Vol. | No. |
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