In addition to your monthly installment payments there is also an Authorization to guarantee your purchase. An authorization for up to the full purchase amount is put on hold on your card upon plan creation.
This is not a charge.
These authorizations temporarily reduce the amount of credit available to you, but again, are not a charge and are required to guarantee your full purchase amount.
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 hold on your funds is always determined by your bank or credit card provider, so contact your financial institution directly for questions.
There are some variations to the details above depending on the Merchant you purchased from and the plan options they've made available to their customers. Always review the details about Splitit at checkout and in the contract agreement you receive after completing your purchase.
Already have a plan? 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.