What is Splitwise?
Splitwise is a free tool for friends and roommates to track bills and other shared expenses, so that everyone gets paid back. On the web, iPhone & Android!
Pros & Cons
Pros
- Group expense management
- Expense tracking
- Shared expenses management
- Automated calculations
- Free core functions
Cons
- Limited free version
- Currency conversion limitations
- Mandatory account for participants
Tool Details
| Categories | Budgeting apps, Money transfer |
|---|---|
| Website | www.splitwise.com |
| Became Popular | January 6, 2014 |
| Platforms | Web · iOS |
| Social | Twitter · Instagram |
Recent Reviews (13)
We aim to simplify the user experience and make debt tracking as easy as sending a message. Additionally, we want to ensure that the core functions remain free to use. :)
What is better than keeping track of expenses with your friends, or roommates? love it
Loved Splitwise once upon a time, but the paywalls were what led me to build this.
Because its core functionality works really well based on my experience.
Useful for me for tracking expenses across friends and family especially on trips. Challenges are 1) if the person doesn't have a profile its a bit annoying 2) the free version has really changed now and is almost impossible to use with the restrictions in place 3) i wish i could customize currency conversions and show balances properly in just one currency
I've been using Splitwise Pro (paid version) for years. I usually organize the groups and transactions but now that the Free version now has a 2-3 transaction per day limit anyone that doesn't have Pro is barely able to use the application. In addition they added 10 second ads between those 2-3 transactions.
Splitwise has made expense tracking so simple for my team and me. I use it to manage shared costs during team outings and group projects. It keeps everything organized and fair without any awkward conversations. We all rely on it now. It’s one of my favorite go-to apps.
splitwise is very stable and has a lot of features, but not snap and scan as far as i know. this would be an interesting addition--- but i'm also intrigued by splitty so I'll probably take a look at it! will just be a little difficult to get buy in from friends after we've all been on the splitwise platform for 3+ years.
Switched to Venmo a while ago because it was limiting the free tier. Used Splitwise again recently for a group expense. Looks like the free tier is not as limited as it used to be. I like Splitwise better than Venmo if not for those limitations.
App is helpful when travelling with friends, used a free version a couple of times and it does the job, making the expenses split much easier
Easy distribution of expenses but sometimes expense distribution is not clear...
It's reallly good for splitting, has some smart feature where you can just enter some text and a number and it will know what they means. HOWEVER recently they put a limit, you can only add like 4 transactions per day, seemingly to push you to upgrade. So im quite sad that i cannot use it for free. i will consider other products before i can judge if it's worth it to pay for this service
Frequently Asked Questions about Splitwise
When did Splitwise become popular?
Splitwise became popular around January 6, 2014.
What are the main advantages of using Splitwise?
The top advantages of Splitwise include: group expense management, expense tracking, shared expenses management, automated calculations, free core functions.
What are the disadvantages of Splitwise?
Some reported disadvantages of Splitwise include: limited free version, currency conversion limitations, mandatory account for participants.
What is Splitwise's overall user rating?
Splitwise has an overall rating of 3.7/5 based on 14 user reviews.
Is Splitwise available on mobile devices?
Yes, Splitwise is available on iOS (App Store).
What type of tool is Splitwise?
Splitwise belongs to the following categories: Budgeting apps, Money transfer.
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