Splitit is a technology partner of Samsung, giving you the option to split your purchase into monthly payments directly through Samsung Wallet. The plan uses your existing credit card balance — there are no credit checks or reports to credit bureaus. The details below only apply to installment plans created through a Samsung Wallet.
💳 How Your Samsung Wallet Installment plan works
🛍️ 1. Make your purchase
- Pay in-store using Samsung Wallet at a participating Merchant.
- Minimum $50, only eligible US based Visa and Mastercard credit cards (excluding Chase and some others) that have been activated for installment plans.
📋 2. Choose your plan
If eligible, you’ll see installment options with applicable interest rates listed.
You have 24 hours to choose — otherwise, your purchase will be charged in full.
⚙️ 3. Plan creation
Once you choose a plan, Splitit creates your installment plan. You’ll see:
🔸 A temporary hold for the full purchase amount
🔸 A temporary hold for the total interest amount
🔸 Your first installment payment
💰 4. Ongoing payments
Future payments are charged automatically on your biweekly or monthly schedule.
Payment dates can’t be changed.
Transactions appear as Splitit_Merchant Name on your credit card.
Your APR% stays the same for the entire plan.
🧾 5. Managing your plan
💸 Make extra payments anytime in the Splitit Shopper Portal.
🚫 No prepayment penalty.
💳 To update your card, log in and click “Update Card.”
(A new temporary hold will appear for your remaining balance.)Your plan continues until it’s paid in full.
Note: If your monthly payment is declined, we will email you to let you know. You will be given 7 days to resolve the card issue. During this time we will continue to try the declined transaction. After 7 days, if the transaction is still declined, we reserve the right to charge your card for that payment, or up to the full remaining plan balance using the last successful authorization.
💡 If Your Purchase Changes
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💳 Additional authorization: If you add a tip after plan creation or the Merchant updates your total (tip, partial refund, etc.), your card may show a temporary hold for the difference plus any extra interest.
🏷️ Merchant controls price: Splitit updates your plan automatically and emails the new details.
⏳ Temporary hold: Funds may be blocked until your bank releases them (usually a few days, up to 30).
❌ Not a charge: Authorizations won’t appear on your credit card bill.
🔄 Returns, Refunds, or Merchandise Issues
🛒 Contact the Merchant: Always work directly with the Merchant for returns, refunds, or product issues.
🔄 Plan updates automatically: Any Merchant-approved changes to your purchase will update your Splitit plan.
💳 No new authorization: Refunds after plan creation adjust your plan value — they don’t create new holds on your card.
For any additional queries about Splitit, feel free to contact us directly by filling out this contact form and selecting the appropriate Contact Reason.