Ellen Cibula
Written by Ellen Cibula Payments, Finance, and AI Expert: Learn More

Are you looking for an honest review of Sunbit? Dealing with an unexpected expense and wondering how to pay for it?

As someone with extensive experience in the fintech space, I can provide a thorough and unbiased opinion on Sunbit. This blog post will give you an overview of what you should expect when using this service.

With this comprehensive review, you’ll learn how Sunbit is helping to revolutionize consumer financing by making it faster and easier than ever before. It’s also relieving stress for merchants and customers alike by quickly processing payments without any hassles or fees. I’ll explain why customers are turning to Sunbit to make their lives simpler when they are dealing with unexpected expenses from car repairs, vet bills, dental care, and more.

Read my full Sunbit review here and find out if it’s right for you!

Sunbit Summary

Sunbit logo

Sunbit is a platform that provides pay-over-time technology for everyday needs. Their goal is to make financing more accessible by approving 90% of people who apply with fair terms and rates. They offer loans ranging from $50 to $20,000 with repayment terms of 3 to 72 months and an annual percentage rate (APR) of 0-35.99%. Different APR ranges apply for NY, MD, MA, and CO residents (see their rates and terms for more details).

Sunbit does require a down payment for their financing options and offers flexible payment plans. They charge no application, origination, account opening, pre-payment penalty, or late fees.

Additionally, Sunbit offers a by-invitation-only credit card with no added fees. They have a wide network of merchant partners across various industries, including automotive, dental, veterinary, home services, and more. You can manage your Sunbit credit through their Sunbit mobile app and find affiliated merchants through their shop directory.

Their solution for unexpected expenses is financed by Transportation Alliance Bank, dba TAB Bank. This bank determines the qualifications for and terms of credit.

They bill themselves as “the kind, kind of payment.

Available at 20,000+ retailers

Take care of unexpected auto repair, dental care, eye care, vet care, and home services.

Quick application process

30-second decision on eligibility so you can apply quickly and easily.

Flexible payment options

Pick the payment plan for your budget

Soft pull on your credit

No affect on your credit score when applying

MySunbit app

Manage your payments with the app or online

Hassle-free payment process

Easy to manage your payments

Overall Rating:
4.5 / 5

Sunbit Pros

  • 90% approval rate
  • 30-second application
  • Fair, transparent rates with no late fees, penalties, or origination fees
  • Flexible payment options, including interest-free and low-interest plans
  • Available at 20,000+ retailers, including automotive, dental office, and home improvement stores

Sunbit Cons

  • Accepting the loan will impact your credit!
  • Missing or late payments can result in fees and negatively impact your credit score
  • Payments cannot be made with a credit card (only mail-in, debit card, or bank account)
  • Down payment required using a bank-issued debit card
  • Interest rates can be high (up to 35.99%)
  • Limited to certain types of purchases, such as automotive, dental, vet, and home improvement services.
Sign up for sunbit

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What People Are Saying about Sunbit

The Sunbit reviews on Trustpilot have 4.6 stars, 86% of the ~2300 reviews are 5-star. Most of the positive reviews express gratitude that they had the option of financing their unexpected services.

Sunbit Trustpilot reviews

Several of the negative reviews indicate that Sunbit did a hard-credit check instead of a soft pull (as indicated by their credit report). Several of the negative reviews were for the actual services received and had nothing to do with Sunbit. There are a few that claim the customer didn’t apply for loans they are required to pay (indicating fraud).

And some were upset that they had to use a debit card for the payments; using a credit card would be charged as a cash advance (which will incur more fees). Sunbit responded to almost all of the negative reviews on Trustpilot.

Sunbit is accredited with the Better Business Bureau and has a B rating. They have 4.38 stars on customer reviews. They have had 95 complaints closed in the last 3 years, and 62 in the last 12 months.

Sunbit BBB Reviews

Similar to the Sunbit reviews on Trustpilot, reviewers were upset that 1 – a hard pull was done on their credit, 2 – they received unsatisfactory service (not Sunbit’s fault), and 3 – customers were confused and upset with having to use debit cards or bank account for the payments. Several of the complaints on the BBB were because of payoff problems and poor customer service. There are several complaints and poor reviews because of fraudulent purchases that someone made without their knowledge.

On Google, Sunbit has similar reviews: 4.6-star total, with the majority very pleased with the service and product. The negative reviews are similar (and in many cases the same reviewer) as with Trustpilot and the BBB.

Sunbit Google Reviews

What is Sunbit?

Sunbit Pay Over Time

Sunbit is a financing solution that allows customers to make payments in flexible terms. They offer transparent rates with no late fees, penalties, or origination fees.

At over 20,000 retailers across many industries including automotive, dental, and home improvement stores, customers can take advantage of interest-free and low-interest plans.

Sunbit is attractive option for customers looking to make flexible payments on unexpected big ticket items without risking their credit or incurring extra charges.

Sunbit is similar to other BNPL providers, but they charge interest for larger purchases. And the repayment plans are for 3, 6, or 12 months (6 – 72-month plans for dental work). You must make installment payments to keep your credit score intact.

You must designate a default payment method, either a debit card or a bank account. In the Sunbit app, you can change this to mail-in payments, but you do need to do this in the app. You cannot use a credit card for your payments, as this may incur cash advance charges on your credit card.

Who is Sunbit for?

Sunbit is a financing option that is ideal for customers who are looking to make flexible payments on unexpected big ticket items without incurring extra charges. It offers interest-free and low-interest plans, fast approvals and easy payment options.

Even though they offer loans to those with poor credit, there will be a credit hit because it is an installment loan. Just know that even though they don’t do a hard credit check when applying, it will impact your credit by accepting the loan.

Also, if a customer misses or makes late payments, they could be charged fees and may impact their credit score. Furthermore, not all stores accept Sunbit’s financing and some purchases may have limits.

What benefits does Sunbit provide?

Here are my favorite benefits of Sunbit financing:

Available at 20,000+ retailers

Sunbit technology is available at over 20,000 merchants, allowing you access to fast, fair, and easy financing, where and when you shop.

Quick application process

You can apply for Sunbit at a participating merchant. This can be done in-store with an associate, through a link provided by email from a merchant, and while shopping online through an eCommerce checkout process.

You can use their merchant locator to find a participating merchant near you and to pre-qualify before you make the purchase.

Determination of eligibility is usually within 30-seconds, so you will know quickly if you can make that purchase.

Flexible payment options

You can set up your default payment method, using either the debit card you used for your down payment, or by submitting your bank account information. You can update or change your payment information by accessing the online portal at my.sunbit.com.

Through the online portal, you can make an early or additional payment without incurring any extra fees.

Some customers who do not have a debit card can get approval to mail in monthly payments. However, you need to remember to send in these payments on-time.

Soft Credit Check when Applying

When applying for Sunbit loan, they make a soft credit check to determine eligibility. This does not affect your credit score.

However, your credit score may be affected when accepting a loan to complete a purchase or opening an account. This is because you now have a financial obligation that you need to pay. Sunbit reports all payments to the credit bureaus, including those in good standing or past due.

MySunbit app

Adjust your loan payment, view any activity, or pay off your loan early from within the Sunbit app.

Hassle-free payment process

The down payment must be made from a bank-issued debit card.

Monthly payments are automatically debited from your debit card or you can authorize remotely created check (RCC) payments, which will withdraw money from your bank account.

Because these payments are automatic, you don’t have to worry about these payments being late. However, you do need to have enough money in your bank account to cover the payment.

Sunbit Pricing – How Much Does it Cost?

Sunbit rates and terms

APR ranges from 0% – 35.99%

Different APR ranges apply for NY, MD, MA, and CO residents

No application origination, account opening, prepayment penalty, or late fees

Sunbit Alternatives

But maybe Sunbit is not for you. Here are a few alternatives that you can look into:

Whip is an alternative to Sunbit that offers customized financing solutions for consumers. It is a consumer financial services company that provides flexible payment options tailored to individual needs.

Scalapay is another alternative to Sunbit that focuses on providing customizable installment plans for online purchases. Customers can split their payments into multiple installments, making it easier to manage their expenses.

Synchrony is a well-known consumer financial services company and a competitor to Sunbit. They offer customized financing solutions for individuals and businesses, providing flexibility in payment options.

Zip is a digital payment and financing platform that offers interest-free installment plans for online purchases. Customers can split their payments into four equal installments, making it easier to manage their expenses. Zip is compatible with a wide range of e-commerce platforms.

Conclusion – Is Sunbit Worth It?

I recommend Sunbit — they are an excellent choice if you need to make a payment quickly without a hard-credit check.

Make sure to read and understand the Sunbit terms and conditions before applying for a loan or credit card, as any debt taken on could impact your credit score.

Sunbit’s digital financing solution and physical credit card can help you manage your payments more effectively when an unexpected expense arises.


Yes, Sunbit is a legitimate platform for financial services. They offer digital financing for unexpected expenses, such as auto repairs, dental services, vet bills, and home services.

The by-invitation-only Sunbit cards are valid in where Visa cards are accepted, online or in-store. you can schedule, split, and manage your payments from within the Sunbit mobile app.

Sunbit provides both a digital financing solution and a physical credit card.

Once approved for financing through Sunbit, you can use your approved credit at merchants offering Sunbit and businesses that accept Sunbit as a payment method. Sunbit partners with various retailers across different industries, including automotive repair shops, healthcare providers, home improvement stores, and more.

The physical Sunbit card is available by invitation only and can be used wherever Visa is accepted.

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