The Splitit Help Center

How does Splitit show on my credit card statement?

Each month, the Retailer will charge your chosen credit card with your monthly instalment payment. Your credit card statement shows the amount that was charged along with the Retailer name. These transactions will show as ‘charged’ or ‘posted’ on your account.

In addition to your monthly installment payments there is also an Authorization to guarantee your purchase. An authorization for the full purchase amount is put on hold/reserved upon plan creation. This is not a charge.

  • For most plans the authorization will disappear within 30 days or less of your purchase. 
  • For some plans the authorization will be periodically re-authorized (at lower amounts as you make installment payments) until your plan is complete. 
  • The length of these authorizations is determined by your bank or credit card provider, so contact your financial institution directly for questions.

These authorizations temporarily reduce the amount of credit available, but again, are not a charge, and are required to guarantee your full purchase amount.

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