Flexible payments made simple
Use your existing credit card. No new loans or applications needed.
We do things differently
No additional interest or fees
No new loans
Keep the rewards coming
Authorisation
Splitit authorises the full amount of the purchase on your existing credit card and holds the balance from your credit card.
In most cases the hold is only temporarily held on your card and the duration is dependent on your issuing bank. In some cases the hold may remain on your card for the duration of your payment plan. Please check with the business you are purchasing from for more details.
You will need the full purchase amount available as credit on your credit card on the day of purchase.
Instalment plan
The first instalment is charged a few seconds after the purchase authorisation or upon shipping, depending on the merchant and your selected plan.
Splitit will charge your credit card every month until the plan is finished.
No account setup needed
Splitit works with your existing credit card, utilising the credit you have already earned, and can be used with any merchant who has Splitit added to their checkout.
After purchasing with Splitit you will get access to your personal online portal where you can manage your plan.
Still have questions about how Splitit works?
You can find answers to our most commonly asked questions here. If you can’t find what you’re looking for, please visit our Support centre where you’ll find lots more answers, plus you can live chat with us.
Unlike traditional buy now pay later solutions, Splitit uses your existing credit card for instalments. This means no credit checks, no new loans, and no impact on credit scores.
Please visit our support centre.
No, unfortunately not. We are only able to accept credit cards at the present time.
Splitit is supported by Visa, Mastercard, and depending on the merchant, American Express, Discover and UnionPay.
You can find all our terms and conditions here.
Yes.
Splitit helps consumers use their existing credit card to turn purchases into smaller, monthly payments.
The full amount of your purchase is authorised (held) on your credit card to guarantee future payments so you need to have at least that amount in available credit on your card.
The authorisation amount reduces with each monthly payment you make until the balance is cleared and we renew these authorisations periodically. The previous authorisation is removed as soon as we receive a new one.
Payments are the regular instalments that are charged to your credit card. Authorisations for the full outstanding amount are taken in addition to your regular instalments, to guarantee your future payments.
When you buy using Splitit, the retailer takes your first instalment straight away, this may be later if your goods are being shipped at a later date. The rest of your monthly instalments are automatically taken on the same date as your first one. This date cannot be changed. Monthly instalments show as ‘charged’ or ‘posted’ on your account.
In addition to your monthly instalment payments, the full outstanding amount is authorised (held) on your card to guarantee future payments. Authorisations are usually renewed every 17-21 days until your plan is paid off. Authorisations get smaller with each instalment paid. The previous authorisation is released once a new one is obtained. Authorisations show as ‘pending’ or ‘reserved’ on your account. If your plan is kept on track, these authorisations are not charged.
In most cases the hold is only temporarily held on your card and the duration is dependent on your issuing bank. In some cases the hold may remain on your card for the duration of your payment plan. Please check with the business you are purchasing from for more details.
To see exactly how your plan works, log in to the shopper portal and under ‘Plan Details’ click on ‘How Splitit Works?’. This will take you to a detailed explanation of your particular plan.
