{"id":906172,"date":"2025-11-05T17:36:33","date_gmt":"2025-11-05T22:36:33","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/u-s-bank-launches-split-world-mastercard\/"},"modified":"2025-11-05T17:36:33","modified_gmt":"2025-11-05T22:36:33","slug":"u-s-bank-launches-split-world-mastercard","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/u-s-bank-launches-split-world-mastercard\/","title":{"rendered":"U.S. Bank Launches Split\u2122 World Mastercard\u00ae"},"content":{"rendered":"

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U.S. Bank Launches Split\u2122 World Mastercard\u00ae<\/sup><\/b><\/p>\n

Split Card automatically converts purchases into plans with equal monthly payments,<\/i>no interest or annual fee<\/i><\/a><\/p>\n

MINNEAPOLIS–(BUSINESS WIRE<\/a>)–
\nToday, U.S. Bank [NYSE: USB] announced a new kind of credit card that enables automatic no-fee, no interest<\/a> equal monthly payments on all purchases: the U.S. Bank Split\u2122 World Mastercard\u00ae<\/sup>.<\/a><\/p>\n

This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20251105866267\/en\/<\/a><\/p>\n

\"U.S.<\/p>\n

U.S. Bank Split\u2122 World Mastercard\u00ae<\/p>\n<\/div>\n

\nSplit Card introduces a new alternative to traditional Buy Now, Pay Later options \u2013 a single solution to manage multiple pay-over-time plans that is backed by a major bank, providing valuable consumer protections and the ability to build credit.\n<\/p>\n

\nThe Split Card can be used to shop in-store or online everywhere Mastercard is accepted, and every purchase is automatically split into a three-month payment plan with no interest or annual fee.<\/a> Cardholders can also choose to extend payment plans to six or 12 months for larger purchases for a small, fixed monthly plan fee.<\/a><\/p>\n

\n\u201cSplit Card meets the diverse needs of today\u2019s consumers who are seeking easy and transparent ways to fund purchases of all sizes,\u201d said Chris Roncari, head of product and experience for consumer and small business payments at U.S. Bank. \u201cSplit Card has elements of a typical card but is far from a typical credit card with its budgeting control and interest-free option. We expect Split Card will be a top choice for Gen Z consumers, and many others, who desire the broad scale usability, simplicity, and protections of a credit card but also need the financial consistency of equal monthly payments.\u201d\n<\/p>\n

\nHere\u2019s how the Split Card works:\n<\/p>\n