Settle Up vs Splitwise

Struggling to choose between Settle Up and Splitwise? Both products offer unique advantages, making it a tough decision.

Settle Up is a Home & Family solution with tags like expenses, payments, ious, balances, roommates, family, friends.

It boasts features such as Track shared expenses, Split bills, Track IOUs, Track balances and payments, Figure out who owes who money and pros including Free, Easy to use, Good for tracking shared expenses, Helpful for splitting bills and tracking IOUs.

On the other hand, Splitwise is a Online Services product tagged with expense-sharing, bill-splitting, iou-tracking, roommate-expenses, couple-expenses, group-expenses.

Its standout features include Track shared expenses and balances owed, Organize expenses into groups and categories, Automatic expense splitting and IOU tracking, Mobile and desktop apps for easy access, Reminders for upcoming payments, Expense history and reporting, Integrations with other financial apps, and it shines with pros like Free to use for basic features, Simplifies expense tracking for groups, Syncs across devices for convenience, Intuitive and user-friendly interface, Supports a variety of expense types.

To help you make an informed decision, we've compiled a comprehensive comparison of these two products, delving into their features, pros, cons, pricing, and more. Get ready to explore the nuances that set them apart and determine which one is the perfect fit for your requirements.

Settle Up

Settle Up

Settle Up is a free personal finance app that makes it easy to track shared expenses, balances, and payments with friends, family, roommates, or anyone else. It simplifies splitting bills, tracking IOUs, and figuring out who owes who money.

Categories:
expenses payments ious balances roommates family friends

Settle Up Features

  1. Track shared expenses
  2. Split bills
  3. Track IOUs
  4. Track balances and payments
  5. Figure out who owes who money

Pricing

  • Free

Pros

Free

Easy to use

Good for tracking shared expenses

Helpful for splitting bills and tracking IOUs

Cons

Limited features compared to paid finance apps

Not ideal for complex finances

Requires other parties to use the app as well


Splitwise

Splitwise

Splitwise is a free online tool that helps groups of people share expenses and track balances owed. It allows roommates, couples, groups of friends, family members, and others to easily track shared bills, rent, vacations, event costs and more. The interface is user-friendly and it syncs across mobile and desktop.

Categories:
expense-sharing bill-splitting iou-tracking roommate-expenses couple-expenses group-expenses

Splitwise Features

  1. Track shared expenses and balances owed
  2. Organize expenses into groups and categories
  3. Automatic expense splitting and IOU tracking
  4. Mobile and desktop apps for easy access
  5. Reminders for upcoming payments
  6. Expense history and reporting
  7. Integrations with other financial apps

Pricing

  • Free
  • Freemium

Pros

Free to use for basic features

Simplifies expense tracking for groups

Syncs across devices for convenience

Intuitive and user-friendly interface

Supports a variety of expense types

Cons

Limited features in the free version

Requires all group members to use the app

No advanced budgeting or financial planning tools

Potential privacy concerns with shared expenses