Software Alternatives & Startups

Splitit VS AwardWallet

Compare Splitit VS AwardWallet and see what are their differences

Splitit

Splitit is a solution that enables consumers to pay for their Retail or Web purchases using their existing credit cards and divide the total cost across as many interest-free payments as they choose, without completing a credit application or qualif…

Rating
0 reviews
AwardWallet

AwardWallet provides a free service that helps you manage your reward balances and travel...

Rating
0 reviews
Note: These products don't have any matching categories. If you think this is a mistake, please edit the details of one of the products and suggest appropriate categories.

Which is more popular?

Based on our record, AwardWallet seems to be more popular. It has been mentioned 5 times since March 2021.

social mentions
0 vs 5
Online Payments popularity
100% vs 0%
alternatives listed
71 vs 58

Base details

Website, pricing, platforms and company facts side by side.

Splitit
AwardWallet
Website splitit.com awardwallet.com
Pricing —
Listed in

Features and specs

What each product offers, as listed by its team.

Splitit 4 features
AwardWallet 4 features
  • Interest-Free Payments
    Splitit allows customers to pay in installments without charging any interest, making it an attractive option for those looking to spread costs over time.
  • No Credit Check
    Splitit does not require a credit check to use its services, which can be beneficial for individuals who have a limited credit history or want to avoid impacting their credit score.
  • Easy Integration
    For merchants, Splitit offers easy and seamless integration with their existing payment systems, allowing them to offer flexible payment options to customers without significant technical overhead.
  • Increase in Sales
    By offering a payment plan, Splitit can potentially increase sales for merchants as customers are more likely to make larger purchases when they can spread out payments.

Possible disadvantages

  • Credit Card Requirement
    Customers must have a credit card with sufficient available credit to cover the full amount of the purchase, which might restrict some users from using the service.
  • Hold on Credit Amount
    While using Splitit, the customer's credit card will have a hold placed on the full amount of the purchase, potentially reducing their available credit.
  • Limited Market Presence
    Splitit's availability might be limited depending on the region, meaning not all merchants or customers can access its services globally.
  • Dependence on Card Issuers
    The service's operation depends on agreements with card issuers and networks, which may create dependency issues if partnerships change or end.
  • Comprehensive Tracking
    AwardWallet provides a centralized platform to track a wide range of loyalty programs, including airlines, hotels, and credit cards, helping users manage their points and miles efficiently.
  • Notifications and Alerts
    Users receive notifications about upcoming expirations of points and miles, ensuring they don't miss the opportunity to use their rewards.
  • User-Friendly Interface
    The platform offers an intuitive and easy-to-use interface, making it simple for users to access and manage their loyalty program accounts.
  • Support for Multiple Accounts
    AwardWallet allows users to track multiple accounts from different programs, tailored for individuals or families maintaining various reward accounts.

Possible disadvantages

  • Subscription Costs
    While AwardWallet offers a free version, advanced features require a paid subscription, which may not appeal to budget-conscious users.
  • Security Concerns
    Despite implementing industry-standard security measures, storing sensitive account information on a third-party platform may raise concerns for some users regarding data privacy and security.
  • Limited Program Support
    Some less common loyalty programs may not be supported or fully integrated into AwardWallet, potentially requiring users to track those manually.
  • Occasional Syncing Issues
    Users might occasionally encounter issues with account synchronization, requiring manual intervention to update or fix discrepancies.

Analysis

An editorial look at what each product does well and who it suits.

Splitit
AwardWallet

Overall verdict

  • Splitit is considered a good option for those looking to split payments without taking on additional debt or interest. The service can be especially appealing to consumers who want to budget for larger purchases without impacting their credit rating. However, it's important to ensure that the merchant you're purchasing from supports Splitit.

Why this product is good

  • Splitit offers a unique payment solution that allows consumers to pay for purchases over time using their existing credit cards, without incurring interest or fees. This can be beneficial for managing cash flow and making larger purchases more affordable. Additionally, because Splitit's method doesn't involve opening a new line of credit, it avoids affecting the user's credit score.

Recommended for

  • Consumers who prefer interest-free payment plans
  • Individuals looking to manage cash flow efficiently
  • Shoppers who want to avoid impacting their credit score
  • People making larger purchases who prefer to spread the cost over time

No analysis of AwardWallet yet.

Videos

Walkthroughs and reviews on video.

Splitit 3 videos + Add
AwardWallet 1 video + Add

SPLITIT GOES GLOBAL WITH MASTERCARD DEAL 💳

More videos

  • - 3 PROBLEMS with buy now pay later. Afterpay, Zip Pay, Splitit etc.
  • - How Does Splitit Work for Shoppers?

Best Way to Track Points & Miles | AwardWallet Saves You Time, Effort & Money

Category popularity

How often each product is chosen within a category, 0–100% relative to the other.

Score bands 0–20 21–40 41–50 51–60 61–100
Splitit
AwardWallet
100% 100%
0% 0%
0% 0%
100% 100%
100% 100%
0% 0%
0% 0%
100% 100%

User comments

Share your experience with using Splitit and AwardWallet. For example, how are they different and which one is better?

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Social recommendations and mentions

Recommendations tracked on public social media and blogs since March 2021.

Splitit 0 mentions
AwardWallet 5 mentions

Tracking Splitit since Mar 2021.

  • Award Travel Tools (Updated November 2022)
    Https://awardwallet.com tracking points and expiration dates. Source: almost 4 years ago
  • Advice on how to best utilize my 3 AMEX cards?
    Awardwallet.com has a credit card spend analysis tool which will show you based on your transactions which cards would have earned you more points. This is how I learned I have missed out on thousands of potential point/mile earnings... Source: almost 4 years ago
  • The Points Guy app recently reminded me of expiring miles
    Award Wallet does that too. I agree - great feature. https://awardwallet.com/. Source: over 4 years ago

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Alternatives to Splitit and AwardWallet

When comparing Splitit and AwardWallet, you can also consider the following products.