How does Splitit work?

How Splitit works depends on whether you use a credit or debit card.

Splitit checks if you have enough funds at the first point of payment.

On a credit card

It will hold a pre-authorised amount but not take the full amount: a bit like when you go to a hotel and leave your card as a guarantee.

On a debit card
It does the same but doesn't hold funds, so it acts more like a direct debit.