With Zilch, you can shop at thousands of stores with 0% APR.
That’s because stores pay us a lil’ something when customers shop there. Some stores don’t pay us yet, but we want our customers to be able to use Zilch at these stores and everywhere MasterCard is accepted, so we offer “Zilch Anywhere”.
Using Zilch Anywhere at these stores, customers will be subject to a small fee of £2.50 (Representative example: 11.50 % on a £400 loan) when they use Zilch Anywhere pay in 4 over 6 weeks. Upon store enabling, you’ll be shown a fixed fee of £2.50 which will be charged at the point of checkout when you use Zilch Anywhere.
To determine if we can unlock this feature for you, we look at the following:
* your payment history
* how often you use Zilch
* how often you pay on time
* and how often you don’t
Zilch Anywhere £2.50 fee per transaction Representative example APR 11.50% on a £400 loan at non-eligible stores
If you make a credit transaction of £400 with a transaction fee of £2.50 added to it, then repay it in four equal instalments of £100 over the period of 6 weeks, the total amount payable will be £402.50 assuming that you do not break the agreement during this period