HSBC does its own thing with its 14.4 million and 685k business customers, so do most, if not all other banks, many through Visa, Mastercard and others. Why does sneef not get called out for the BS he posts?HSBC UK does not directly offer Splitit as a payment option. Instead, HSBC UK provides its own installment plan feature for credit card holders, allowing customers to split qualifying purchases (minimum £250, which can be made up of multiple purchases of at least £100 each) into 3, 6, or 12 equal monthly payments through their mobile banking app. This feature is interest-free but comes with a small monthly fee34.
Splitit is a separate service that lets shoppers use their existing credit card to pay for purchases in installments, but whether you can use Splitit depends on the merchant and your credit card issuer. Splitit works with most major credit cards, so if you have an HSBC UK credit card, you may be able to use it with Splitit at participating merchants, but this is not an HSBC UK product or a feature offered directly by the bank12.
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