Payment Plans

Credit Card:
Splitit requests authorization from the shopper's card company, reserving the total purchase amount from the shopper's available line of credit. Then, each month, according to the shopper's payment plan, the installment amount is collected and Splitit requests authorization for the remaining balance. Here is an example of how the service works for a customer buying a Dermadry Total ($349) in 3 installments of $116 each:
1. Splitit obtains authorization from the credit card company for the full purchase amount of $349. This is not a charge on the card; it is simply reserving $349 from the shopper's line of credit. 2. The credit card company then charges the shopper $116 for the first payment.
3. During the second month, Splitit requests authorization for the outstanding purchase amount of $233, and charges the shopper the second installment of $116.
4. This authorization and charge process continues until the full $349 is collected–in this case, for 3 months.

Splitit requires no application or registration. There is an instant approval by using the shoppers existing credit card level.

You will not be charged interest and there are no hidden fees.

Splitit is supported by Visa and Mastercard.

Each month, your credit card statement displays the installment charge amount for that month, along with the merchant name. You will also see the authorization/hold for the outstanding amount dropping by one installment every month. In addition, Splitit will email you after each successful installment charge.

When you make a purchase using Splitit, you will be asked to provide your email. Splitit sends you credentials so you can log in to the Splitit consumer portal to check your installment status and view other information regarding your purchase. The portal can also be found in the footer of the website.

Yes, you can. This option is available on your Splitit consumer portal or you can contact our customer care at support@splitit.com.

Nothing. If you use a Splitit installment plan there is no impact on your credit score. The bank simply sees the individual installment charges each month. If one of your payment authorizations is declined, there is still no effect on your credit rating; it is simply a declined charge.

Splitit allows you to use credit/ debit cards which expire in the middle of the installment plan. One month before the credit card expiration, Splitit will notify you via email and give you the option to switch the payments to your new card. You can switch credit cards directly via the Splitit consumer portal or you can contact our customer care team directly.

If something happens to your credit or debit card, please do the following:
1. Contact your card company to report the card lost.
2. Visit the Splitit portal and update your payment plan with another credit card. Go to the "payment plan information" tab, select your payment plan and click "update card details." Enter the new credit card details and click "confirm."
3. If you are having any trouble, please email support@splitit.com.