Digital Wallet Installments
Choose to pay in installment at checkout when you pay with your digital wallet using an eligible credit card, wherever you shop. The total cost, including a finance charge, is shown clearly before you confirm — no lengthy applications, no credit checks, no surprises.
Why shoppers choose Splitit's Digital Wallet Installments
Installments in seconds
Split your purchase instantly through your digital wallet, with no extra forms, no redirects, and no lengthy applications.
Use the credit you already have
Use the credit you’ve already earned to pay in installments, with no need for a new loan, just your existing available balance.
Keep earning your rewards
Continue to earn your credit card rewards and protections that come with your card, including reward points, purchase protection and fraud protection.
Getting started with Splitit Digital Wallet Installments
Your chosen purchase plan
Your credit card statement
Authorizations explained
An authorization temporarily reserves the full purchase amount plus interest on your credit card. It is not a charge. Think of it as a hold that confirms you have enough credit available to pay for your purchase.
The authorization will typically disappear within 30 days or less of your purchase. The length of this authorization is determined by your bank, so contact them directly for questions on the timeline.
How Splitit's Digital Wallet Installments work
When and how you’re charged for Splitit installments
Your first installment is generally charged at the time of purchase. After that, payments are charged automatically, either monthly or bi-weekly, according to your selected installment plan.
In most cases, your first payment is charged immediately upon completing your purchase. For example, if you buy something on the 10th, your monthly payment will be charged on the 10th of each month. The payment date cannot be changed.
Managing your Splitit installment plan
Your installment plan is automatically created after checkout. You’ll receive an email from Splitit with access to the Shopper Dashboard, where you can:
- View your payment schedule
- Update your card details
- Pay off your remaining balance
There are no fees for paying off your plan ahead of schedule.
What you’ll see on your credit card statement
Authorizations and payments will be listed on your statement with a combination of Splitit and the Merchant’s name plus the transaction amount. Reach out to our 24/7 Support team with any questions about the transactions on your statement.
What’s the difference between pending and posted
A payment is a posted transaction that is due to be paid on your credit card bill.
An authorization is a pending transaction that temporarily holds funds from use elsewhere, but is not a charge.
Frequently asked questions
Splitit currently supports installments through Samsung Wallet in the United States.
Yes. Splitit works with eligible Visa and Mastercard credit cards. Debit cards and prepaid cards are not currently supported for installment plans.
A finance charge will apply and will vary based on your state of residence. The total cost is shown clearly before you confirm. Splitit does not charge any late fees, prepayment penalties, or other associated fees.
Yes. You can settle the remaining balance at any time through the Splitit portal. There are no early repayment fees.
Contact the merchant directly to initiate a return. If a refund is approved, it will be applied to the credit card stored in your digital wallet and your installment plan will be adjusted or cancelled.
That’s the authorization, a temporary hold for the full purchase amount. It’s not a charge. You’re only billed for each installment as it falls due.
No. Your payment date is tied to your original purchase date. For example, if you made your purchase on the 15th, your installments will be charged on the 15th of each month. This date cannot be adjusted.
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