"U.S. Bank announced credit card that enables automatic no-fee, no interest equal monthly payments on purchases: the U.S. Bank Split™ World Mastercard®. Split Card introduces a new alternative to traditional Buy Now, Pay Later options backed by a major bank. The Split Card can be used to shop where Mastercard is accepted; every purchase is automatically split into a three-month payment plan with no interest or annual fee. Cardholders can choose to extend payment plans to six or 12 months for larger purchases for a small, fixed monthly plan fee."