Zilch

What Zilch is

Zilch is a consumer app and card offering payment options, Rewards, and credit. Customers can pay now, spread payment over 6 weeks, or pay over 3 months, subject to eligibility and fees; listed repayment terms also include 6 and 12 months. Zilch advertises credit from £50 to £4,500, subject to status. Its app is available wherever Mastercard is accepted, and customers can add it to Apple Pay or Google Pay for tap-and-go shopping. Rewards can be put toward purchases: Standard and Extra list up to 5%, while Plus lists up to 6%. Standard is free, works in-app only, and has a £4.99 card fee. Extra costs £2.99 per month and includes a physical card; Plus costs £4.99 per month and includes a physical card. Eligible Extra or Plus customers may borrow up to £100 through Advance for a £3 processing fee, and eligibility requires connecting a bank account. Zilch says credit is for UK residents aged 18 or over and subject to status. Founded in 2018, the company is headquartered in London and offers support by in-app live chat and phone.

Who it suits

Zilch may suit UK residents aged 18 or over who want payment options, Rewards, or credit, subject to eligibility and status. The Standard plan is in-app only; Extra and Plus include a physical card.

Limits

The free Standard plan is in-app only and has a £4.99 card fee. Advance is limited to eligible Extra or Plus customers, up to £100, with a £3 processing fee; eligibility requires a connected bank account.

Getting started

1. Visit the Zilch website.
2. Choose the Android, iOS or web platform.
3. Select the free Standard plan or review Extra at £2.99 per month and Plus at £4.99 per month.
4. For Advance eligibility, connect a bank account.
5. Check eligibility before using credit or selecting a payment term.

Verdict

Zilch combines payment choices and Rewards with an app and card, while eligibility and fees apply to credit and some payment options. Compare the plan details and repayment terms with your needs before choosing.