Monarch
The modern way to manage your money
SplitMyExpenses
Split bills with friends, track balances, and settle up
Updated February 2026
| Monarch | SplitMyExpenses | |
|---|---|---|
| Rating | 4.9★ | 5.0★ |
| Reviews | 7 | 3 |
| Pros | 10 | 0 |
| FactScore™ | 43.9 | 30.1 |
FactScore™ Comparison
FactScore™ weighs both quality (rating) and popularity (reviews) for a fairer ranking than stars alone.
Pros & Cons
Only in Monarch — Pros
Frequent feature updates Ad-free experience Automatic transaction categorization Clean UI Customizable categories Multi-platform support Robust budgeting tools Spending insights Subscription management Syncing across accountsBoth tools — Pros
—Only in SplitMyExpenses — Pros
No unique pros listedOnly in Monarch — Cons
Incomplete transaction data Manual transaction clearing Transaction sync issuesBoth tools — Cons
—Only in SplitMyExpenses — Cons
—Details
| Monarch | SplitMyExpenses | |
|---|---|---|
| Categories | Budgeting apps, Online banking, Financial planning | Spreadsheets, Budgeting apps, Money transfer |
| Platforms | Web · iOS · Android | Web · iOS · Android |
| Became Popular | June 7, 2021 | June 5, 2023 |
| Website | www.monarchmoney.com | www.splitmyexpenses.com |
Who Should Pick Which?
Choose Monarch if...
- Frequent feature updates
- Ad-free experience
- Automatic transaction categorization
Choose SplitMyExpenses if...
- No unique pros listed
With a FactScore™ of 43.9 vs 30.1, Monarch leads in community reception. Monarch uniquely offers Frequent feature updates and Ad-free experience, while SplitMyExpenses stands out for No unique pros listed.
What Users Say
Monarch
No reviews yet
SplitMyExpenses
Clean and modern interface that is easy to use! Significantly reduced the time it takes for me to go through my transactions and charge my friends and family. The best part is I don't need to wait ...
Easy to sign up and use. Really liked the free option, didn't need to bother with the trial, does everything i needed it to do in one try. Can't wait for the mobile version!
osum product, the bill itemiser feature is just next level and solves the day to problem on a chai tapri! hats off
Related Comparisons
Frequently Asked Questions
Which is better, Monarch or SplitMyExpenses?
Based on FactScore™, Monarch leads with a score of 43.9 vs 30.1. Monarch has a higher rating of 4.9★ compared to 5.0★.
What are the pros of Monarch compared to SplitMyExpenses?
Monarch uniquely offers: Frequent feature updates, Ad-free experience, Automatic transaction categorization, Clean UI, Customizable categories.
What are the pros of SplitMyExpenses compared to Monarch?
SplitMyExpenses uniquely offers: No unique pros listed.
Is Monarch better rated than SplitMyExpenses?
Monarch is rated 4.9★ from 7 reviews. SplitMyExpenses is rated 5.0★ from 3 reviews.
What is the FactScore™ of Monarch and SplitMyExpenses?
FactScore™ weighs rating and review volume together. Monarch scores 43.9 and SplitMyExpenses scores 30.1.
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