# IOU vs SplitTab

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.

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.

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.

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

## The numbers

| Metric | IOU | SplitTab |
| --- | --- | --- |
| Price | Free | Free |
| Rating | [4.4 (17 ratings)](https://appshunter.io/ios/app/iou-split-receipts-and-expense/id1589968294/reviews) | **[5.0 (13 ratings)](https://appshunter.io/ios/app/splittab-share-and-split-bills/id1598456465/reviews)** |
| Number of ratings | **17** | 13 |
| Positive reviews | 60.0% of reviews | **100.0% of reviews** |
| In-app purchases | Yes | Yes |
| Ads | No | No |
| Update frequency | **Fortnightly** | Every 5 months |
| Monetization | Freemium | Free with in-app purchases |
| Size | 53 MB | 82 MB |
| Requires iOS | 26.0 | **15.1** |
| Devices | **iPhone, iPad, Vision Pro** | iPhone, iPod |
| Age rating | 4+ | 17+ |
| Developer | [Eric Agredo](https://appshunter.io/developer/1475112741) | [Benevolent Tech Company LLC](https://appshunter.io/developer/1598456707) |

## What reviewers say

### IOU

[App page](https://appshunter.io/ios/app/iou-split-receipts-and-expense/id1589968294)

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:** Family Sharing

**In-app purchases (5)**

| Purchase | Price | Billing |
| --- | --- | --- |
| IOU Pro | $0.99 | per month |
| IOU Pro | $2.99 | per month |
| IOU Pro | $6.99 | per year |
| IOU Pro | $24.99 | per year |
| Lifetime IOU Pro | $29.99 | one-time |


### SplitTab

[App page](https://appshunter.io/ios/app/splittab-share-and-split-bills/id1598456465)

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:** macOS Compatibility, Vision Pro support

**In-app purchases (1)**

| Purchase | Price | Billing |
| --- | --- | --- |
| SplitTab Premium | $11.99 | per year |


## Frequently asked 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.

---

*Compared by [AppsHunter](https://appshunter.io/) from daily US App Store data. Review summaries are generated from verbatim App Store reviews.*