Comparison

Expenses Split vs Magnate

Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.

Head to head
About

Expenses Split

Easily track and split expenses with multiple users in shared groups. Automatically calculates debts and notifies members of changes. Supports online and offline expense entry with automatic syncing.

Highlights
  • Multi-user expense tracking
  • Automatic debt calculation
  • Push notifications for expense changes
  • Online and offline syncing
  • Share team details
  • Edit and add members
Features
Read full description

Split Expenses is the best multi-user online app you can use for tracking, splitting, syncing, sharing and automating your team/room expense. Based on expense entered, app calculates and suggests debts of each person and who has to receive money. Split Expenses app supports push notifications for notifying any changes in a team’s expenses. Whenever user enters an expense into a team, a notification is sent to all members in the team and on clicking on the notification expense is auto synced to other members in the team. Split Expenses support offline mode, if you don’t have Internet while you are adding expense, it will be synced next time you connect to Internet. Auto sync of latest team details happens on every launch and manual sync on click of sync button in teams screen. You can share team details across other Split Expenses users who are willing to join your team by just clicking share button in expenses screen. You can also share final computed debts list to any other interested parties through all popular sharing media. Summarizing what you can do with split expense app: - 1) Create new team/page, where you can add involved members/ roommates. 2) Create a new expense, edit expense and delete expense when settled, automatically notifies other members in 3) Share team details with other teammates online by clicking share in Expenses screen of a Team. 4) Edit members and add new members, so that if new member joined a team, it’s useful 5) Automate the final expense and debt calculation 6) Share the final expense debts with the team members/others. Difference when compared to Split Expense Lite: - a. Multi user app b. Can add expense, team, members online and offline and can sync data entered offline to online on launch or on click of sync button in Team screen c. Share Team details using share button present in Expenses screen d. Notifications will be broadcasted to all members with in a team whenever a new expense is added Lots coming in future releases as well. Future releases: - Introducing graphs/charts, which tells user where he/she is spending more.

About

Magnate

This app helps you manage your finances with detailed tracking of spending and savings. It offers features like recurring entries, past data analysis, future projections, and customizable budget goals. Prioritizes user privacy with local data storage and biometric security.

Highlights
  • Detailed expense and income logging
  • Recurring entry scheduling with notifications
  • Past financial data analysis
  • Future financial projections
  • Customizable budget goals
  • Biometric security (Face/Touch ID)
  • CSV and calendar export
Features
Read full description

Meet Magnate. The Personal Budget Tracker to Help You Manage Money Like a Magnate. Manage your money like a Magnate with tools that let you see beyond your savings or spending today. Designed with simplicity and power in mind, Magnate was made for anyone and everyone. NO DEVIL IN THE DETAILS Magnate is designed to support detailed personal budget entries. Enter a name, the amount, label it with a tag, segregate it with a profile, tack on a note for remembrance, add a photo for the memory, change the date to cover for an entry forgotten, even add your own location to always remember that place you first bought that favorite meal of yours — Magnate can handle logging your spending or savings with that, no sweat. REMEMBER TO REPEAT (PRO) Entries can be set to recur over a specified interval -- Magnate will send you a notification to let you know once it's time to add that entry. Act on it directly from the lock screen -- add it directly, change some of its details, or choose to ignore that cycle's addition. The period can also be reset on a specified interval, allowing your budget to reset every so often without you having to worry about it. PEEK INTO THE PAST (PRO) Report runs through your past data and personal entries, allowing you to glance at how your personal budget has been in the past week, or month, or year. View your entries compiled under its corresponding tag or profile, letting to see where most of your earnings are from, or where most of your expenses belong to. FOCUS ON THE FUTURE (PRO) Report also forecasts where your earnings or expenses might end up, all from your data. See a graph which shows where your personal budget might end up at by the end of the week, or the end of the month. Customize your projections by choosing a custom date on which you want your forecast to show, or input a custom amount of earnings, expenses, or net money to see when Magnate thinks you'll be able to achieve them. TARGET WITH ACCURACY Set a budget target with Goals! Hit a target amount of earnings or net money to let you save up for that dream gadget of yours, or limit your expenses within a time period to let you reduce the amount of money you're spending on food -- Magnate gives you the power. If you didn't set a date for when you want to hit your goal, Magnate does the math to let you see when it thinks you'll be able to achieve your goal, letting you adjust your habits accordingly. A PREMIUM ON PERSONAL PRIVACY Magnate does not send your data to some server without your consent. None. Nada. Face / Touch ID is supported too so that you can lock it with credentials only you have, for additional peace of mind with your personal budget. SHARE TO THE WORLD (PRO) You can export your budget entries into a CSV file — for the spreadsheet nerd in you — or into your own calendar on your iOS device — for the planner junkie in you. Share your entries to the world to your heart’s content. MANAGE ON YOUR HOME SCREEN... View your budget right from the home screen using Widgets! Pick from 8 beautiful widgets that let you see your budget and some of your goals. ...AND OTHER APPS... Magnate has support for Siri Shortcuts, letting you interact with all the other apps on your phone in the shortcuts and automations your imagination can come up with! Want to add an entry once you sent money to your friend on Apple Pay? You can now do it automatically! ...AND EVERYWHERE YOU GO! Magnate will sync your data with iCloud, letting you access your entire budget easily wherever you may be. Log those coffees you bought in the store with your iPhone, then view how that affected your charts in Report on your iPad -- Magnate does the data magic for you. MUCH MORE IN STORE! New features are always in the works, ensuring that Magnate will only get better over time! Managing your own money shouldn't be hard -- let Magnate do the work for you. Manage Your Own Money like a Magnate Today, with Magnate!

Screenshots

Expenses Split4 screens
Magnate4 screens

Verdict

The call

The clearest difference is rating: Magnate at 5.0 against Expenses Split's 4.2. Magnate also leads on ads (none vs shown) and device support (3 vs 1). Expenses Split's advantage is in-app purchases (none vs 1). On price, ratings volume and update cadence there is nothing between them.

Scored on Price · Rating · Positive reviews · Number of ratings · Update frequency · Ads · In-app purchases · Monetization · Best chart rank · Devices · Requires iOS

CostPrice · In-app purchases · Ads · Monetization

Both are free to download. Magnate sells 1 one-off in-app purchase. Expenses Split asks for nothing beyond the download.

ReceptionRating · Positive reviews · Number of ratings

Magnate holds the better App Store score, 5.0 against 4.2. Both are backed by a comparable volume of ratings — 5 and 2 respectively.

UpkeepUpdate frequency

Expenses Split ships an update every 2 months, Magnate monthly. The most recent releases landed on October 10, 2026 and October 4, 2026 respectively.

Scorecard6 real differences · 3 level
Expenses Split versus Magnate: the parameters behind the verdict, then further details
ParameterExpenses SplitMagnate
PriceFreeFree
Rating4.2 (5 ratings)5.0 (2 ratings) — better
Number of ratings5 — better2
Update frequencyEvery 2 monthsMonthly — better
AdsYesNo — better
In-app purchasesNo — betterYes
MonetizationAd-supportedFree — better
DevicesiPhoneiPhone, iPad, iPod — better
Requires iOS26.014.1 — better
Further details — not scored
Size10 MB8 MB
Age rating4+4+
Developerkaturi dineshVelasco Franco Manuel

Customer experience

Expenses Split

All ratings5 ratings
Positive80.0%
Neutral0.0%
Negative20.0%

Magnate

All ratings2 ratings
Positive100.0%
Neutral0.0%
Negative0.0%

In-app purchases

None

Expenses Split

No in-app purchases

1 purchases

Magnate

One-time1
  • Magnate Pro$2.99

Questions

Is Expenses Split free?
Expenses Split is free to download, with no in-app purchases.
Is Magnate free?
Magnate is free to download, with in-app purchases available.
Which has better reviews, Expenses Split or Magnate?
Magnate is rated higher. Expenses Split averages 4.2 out of 5 from 5 ratings, while Magnate averages 5.0 from 2 ratings.
Do Expenses Split or Magnate have ads?
Expenses Split shows ads; Magnate does not.
Which is updated more often, Expenses Split or Magnate?
Expenses Split ships an update every 2 months, and Magnate monthly. Most recently, Expenses Split was updated on October 10, 2026 and Magnate on October 4, 2026.

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