Which costs are applied when using Spliiit?

In order to keep Spliiit running properly and to cover transaction costs, we apply a commission according to the following rules.

I am a co-subscriber

I joined a sharing offer, a commission of 5% + 99 cents is applied each month.

Example: for a sharing offer at 4€ per month, the monthly commission amount will be €1,19, i.e. a total of 5,19€ per month.

I am the owner of a subscription

If I share my subscription in public, a connection fee is applied only the first month for each new co-subscriber. This fee is 25% of the transaction amount, capped at 1€.

Example 1: A co-subscriber joins my sharing at 2€ per month. The first month he joins, I will receive 1.50€ (2€ minus the 25% commission, i.e. 50 cents). The following months I will receive 2€.

Example 2: A co-subscriber joins my share at 8€ per month. The first month he joins, I will receive 7€ (8€ minus the 25% commission or 2€ but capped at 1€). The following months I will receive 8€.

If I share my subscription privately, I have no fees.

The amounts are automatically calculated to be fair between the owner and the co-subscribers.
You can also read the article What is the purpose of the "Private/Public" option?

Updated on: 12/07/2024