When you buy using Splitit, the total purchase price is divided into equal installments and charged automatically according to your payment schedule.
There is no added interest for our Retail Plans.
💳 Understanding Authorizations on Your Card
When you create an installment plan, an authorization for up to the full purchase amount is placed on your card.
Important: This is not a charge.
🔑 Key Points About Authorizations
The authorization temporarily reduces your available credit but does not appear on your bill.
Most authorizations disappear within 30 days, but some plans may be periodically re-authorized at decreasing amounts as you make installment payments.
The length of the hold is determined by your bank or credit card provider. Contact them directly if you have questions.
Authorizations are a required part of your installment plan and ensure your full purchase is guaranteed while paying over time.
You can check the details of your plan, update your credit card, make additional payments, and review if a re-authorization is due (when and for how much), in the Splitit Shopper Portal.