Zip Co stock jumps on Trump credit-card rate cap talk as ASX:ZIP gets fresh bid
Sydney, 12 January 2026, 10:57 AEDT — Regular session Shares of Zip Co Ltd (ASX: ZIP) climbed up to 6.4%, hitting A$3.80 by 10:42 a.m. AEDT on Monday. The rise continued from an early jump at the open, with buy-now-pay-later stocks gaining ground in consumer finance. (Market Index) This matters because Zip’s stock reacts heavily to sentiment around U.S. consumer credit, not just its own performance. Changes in card lending rules or pricing can alter the borrower pool BNPL companies target, as well as how much it costs to fund them. This comes at a tricky time for investors assessing
