Suncorp Bank App vs Owesum

Manage your money anytime, anywhere with the Suncorp Bank App. From secure login options to Visa Debit card controls, there’s plenty to feel good about here:​ Money management made simple ​ • Organise your bills and payments​ • Set up PayID and Apple Pay​ • Quick Balance option - check your balance without logging in​ • Manage your home loan and term deposits​ ​ Secure banking & trusted support • Fast, secure login options​ • Two-factor authentication​ • Customisable payment notifications​ • 24/7 fraud monitoring​ • Round-the-clock support from Suncorp Bank and Scout (our virtual assistant)​ ​ Stay in control, wherever you are • Lock, restrict or report a lost or stolen Visa Debit card​ • Set or reset your card PIN​ • Let us know when you’re travelling overseas Disclaimer Banking products are issued by Suncorp Bank (Norfina Limited ABN 66 010 831 722 AFSL No 229882 Australian Credit Licence 2299882). Suncorp Bank is not responsible or liable for products and services issued by other third parties. The SUNCORP brand and Sun Logo are used by Suncorp Bank (Norfina Limited) under licence and Suncorp Bank is not part of the Suncorp Group.​ The terms of use governing your use of this mobile application are available at: https://www.suncorpbank.com.au/mpa/terms.html ​

Owesum keeps track of who paid for what and works out who owes whom. Dinner, a weekend away, the shared house shopping, the weekly badminton court hire. Somebody pays, everybody owes a bit, and nobody wants to be the person doing sums at the end. TWO THINGS MOST OF THESE APPS CANNOT DO People who never install it still count. Add someone by name and split with them straight away. They do not need the app, an account, or an email address. When they hand you cash, mark it received. If they install it later, their whole history comes across. It handles clubs, not just trips. A regular session with the same people, per-person rates for members and visitors, money paid up front and drawn down over weeks, and more than one organiser who can record what people have paid. Built with a real badminton club, because none of this fitted an app designed around holidays. NO SIGN-UP Open it and start. The app makes an account for you, so there is no form, no password and no email to verify. Add an email later if you want to get back in on a new phone. SNAP A RECEIPT Point your camera at a receipt and the app reads the total and the shop name using your phone's own document scanner. Receipt photos are read on your phone and are never uploaded anywhere. SPLIT HOWEVER YOU ACTUALLY SPLIT Evenly, by exact amounts, by percentage, or by shares when one person had the steak. Anyone can record a repayment, including the person who is owed, so a debt settled in cash does not sit there for weeks. EVERYONE SEES THE SAME NUMBERS Balances update for the whole group at once, and the app works out the smallest set of payments that clears everybody, so four people owing each other in a circle becomes one transfer instead of six. WHAT IT DOES NOT DO It does not move money. There is no wallet, no card, no bank connection, and no fee. It is a record of money that changed hands somewhere else, which is also why there is nothing to lose if you stop using it. Made in Australia.