Comparison

IOU vs SplitTab

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

Head to head
About

IOU

Effortlessly split bills with friends by scanning receipts. The app itemizes purchases, assigns them to individuals, and calculates each person's total including tip and tax. Avoid manual calculations and ensure fair payment among your group.

Highlights
  • Receipt scanning and itemization
  • Assign items to individuals
  • Automatic tax and tip calculation
  • Per-person total calculation
  • Eliminates manual bill splitting
Features
Read full description

IOU is the easiest way to scan receipts, itemize every purchase, and split group expenses accurately. Split what everyone actually ordered—no spreadsheets, no mental math, no awkward follow-ups. SCAN RECEIPTS. ASSIGN ITEMS. DONE. Take a photo of any receipt and IOU will automatically extract items, prices, and totals. Then tap through and assign each item to the right person. Perfect for dinners, trips, and shared purchases where everyone orders something different. ACCURATE SPLITS, EVEN INTERNATIONALLY Split expenses using items, equal splits, percentages, or exact amounts. IOU supports foreign currencies with real-world exchange accuracy using actual credit card charge rates. Region-aware calculations ensure tax and tip are handled correctly wherever you are. BUILT FOR GROUP EXPENSES Create groups for trips, dinners, roommates, and more. Customize groups with photos or curated artwork. Track all expenses in one place and view group insights and spending breakdowns. Settle up easily with Venmo & CashApp. POWERFUL RECEIPT FEATURES * Scan and automatically itemize receipts * Works with foreign receipts and translations * Assign items to individuals one by one * Upload and store receipts within groups * Share a clean breakdown with your group FLEXIBLE AND ORGANIZED * Import existing expenses from other apps * Export your data as CSV or PDF * Adjust settings based on your region * Customize the app with your preferred accent color WHY IOU MOST APPS SPLIT TOTALS. IOU SPLITS WHAT ACTUALLY HAPPENED. No more overpaying. No more chasing people. Just accurate, transparent group expenses. Terms of condition: https://www.apple.com/legal/internet-services/itunes/dev/stdeula/

About

SplitTab

Effortlessly divide restaurant bills among friends. Snap a photo of the receipt, input payment app details, and share a link for others to settle their share. Payments are pre-filled for easy completion.

Highlights
  • Photograph bills
  • Input payment app usernames
  • Generate shareable links
  • Web app for item selection
  • Pre-filled payment details
  • QR code sharing
Features
Read full description

Picture this, you've just had an awesome meal with some friends at your favorite restaurant. You pay the bill and share the receipt with your party. Now what? Instead of dealing with the hassle and inconsistencies of calculating the amount you are owed, just use SplitTab. HOW IT WORKS 1) Take a picture of the bill 2) Input and save your payment app usernames (Venmo, Cash App, Zelle® etc.) 3) Share the generated link with your friends via QRcode or message 4) Friends open the link and use the web app to select bill items and calculate the amount you are owed 5) Friends hit pay, the payment method of choice should open with payment details already filled in!

Screenshots

IOU4 screens
SplitTab4 screens

Verdict

The call

The clearest difference is rating: SplitTab at 5.0 against IOU's 4.4. SplitTab also leads on review sentiment (100% vs 60%) and iOS requirement (15.1 vs 26.0). IOU's advantage is update cadence (fortnightly vs every 5 months). On price, ratings volume, ads and in-app purchases 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. IOU sells 5 in-app purchases, starting at $0.99 per month and SplitTab sells 1 in-app purchase, starting at $11.99 per year. Whichever you choose, the download price is not the number that matters.

ReceptionRating · Positive reviews · Number of ratings

SplitTab holds the better App Store score, 5.0 against 4.4. Both are backed by a comparable volume of ratings — 17 and 13 respectively. Written reviews point the same way: 60% of IOU's written reviews are positive against 100% of SplitTab's.

UpkeepUpdate frequency

IOU ships an update fortnightly, SplitTab every 5 months. The most recent releases landed on September 21, 2026 and August 26, 2026 respectively.

Scorecard4 real differences · 6 level
IOU versus SplitTab: the parameters behind the verdict, then further details
ParameterIOUSplitTab
PriceFreeFree
Rating4.4 (17 ratings)5.0 (13 ratings) — better
Positive reviews60.0% of reviews100.0% of reviews — better
Number of ratings17 — better13
Update frequencyFortnightly — betterEvery 5 months
AdsNoNo
In-app purchasesYesYes
MonetizationFreemiumFree with in-app purchases
DevicesiPhone, iPad, Vision Pro — betteriPhone, iPod
Requires iOS26.015.1 — better
Further details — not scored
Size53 MB82 MB
Age rating4+17+
DeveloperEric AgredoBenevolent Tech Company LLC

Customer experience

IOU

All ratings17 ratings
Positive76.5%
Neutral17.6%
Negative5.9%
Written reviews10 reviews
Positive60.0%
Neutral30.0%
Negative10.0%

SplitTab

All ratings13 ratings
Positive100.0%
Neutral0.0%
Negative0.0%
Written reviews3 reviews
Positive100.0%
Neutral0.0%
Negative0.0%

In-app purchases

5 purchases

IOU

Subscriptions4
  • IOU Pro3 Days trial$0.991 Month
  • IOU Pro$2.991 Month
  • IOU Pro7 Days trial$6.991 Year
Show 1 more
  • IOU Pro7 Days trial$24.991 Year
One-time1
  • Lifetime IOU Pro$29.99
1 purchases

SplitTab

Subscriptions1
  • SplitTab Premium1 Month trial$11.991 Year

Questions

Is IOU free?
IOU is free to download, with in-app purchases available.
Is SplitTab free?
SplitTab is free to download, with in-app purchases available.
Which has better reviews, IOU or SplitTab?
SplitTab is rated higher. IOU averages 4.4 out of 5 from 17 ratings, while SplitTab averages 5.0 from 13 ratings.
Do IOU or SplitTab have ads?
Neither IOU nor SplitTab shows ads.
Which is updated more often, IOU or SplitTab?
IOU ships an update fortnightly, and SplitTab every 5 months. Most recently, IOU was updated on September 21, 2026 and SplitTab on August 26, 2026.

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