# IOU vs SplitBill

IOU and SplitBill both sit at 4.4 stars, but that hides the real split: 60% of IOU's written reviews are positive against 25% of SplitBill's. IOU also leads on update cadence (fortnightly vs every 6 weeks) and ratings volume (17 vs 3). SplitBill's advantage is in-app purchases (none vs 5) and iOS requirement (17.0 vs 26.0). On price, rating, ads and device support there is nothing between them.

Both are free to download. IOU sells 5 in-app purchases, starting at $0.99 per month. SplitBill asks for nothing beyond the download.

On the App Store both sit at effectively the same score — 4.4 for IOU against 4.3 for SplitBill. That said, the two scores are not equally well evidenced: IOU has 17 ratings behind it against 3, so its average is the more settled of the two. Written reviews are what separate them: 60% of IOU's written reviews are positive against 25% of SplitBill's.

IOU ships an update fortnightly, SplitBill every 6 weeks. The most recent releases landed on September 21, 2026 and September 18, 2026 respectively.

## The numbers

| Metric | IOU | SplitBill |
| --- | --- | --- |
| Price | Free | Free |
| Rating | **[4.4 (17 ratings)](https://appshunter.io/ios/app/iou-split-receipts-and-expense/id1589968294/reviews)** | [4.3 (3 ratings)](https://appshunter.io/ios/app/splitbill-split-expenses/id6444704240/reviews) |
| Number of ratings | **17** | 3 |
| Positive reviews | **60.0% of reviews** | 25.0% of reviews |
| In-app purchases | Yes | **No** |
| Ads | No | No |
| Update frequency | **Fortnightly** | Every 6 weeks |
| Monetization | Freemium | **Free** |
| Size | 53 MB | 19 MB |
| Requires iOS | 26.0 | **17.0** |
| Devices | **iPhone, iPad, Vision Pro** | iPhone, iPad |
| Age rating | 4+ | 4+ |
| Developer | [Eric Agredo](https://appshunter.io/developer/1475112741) | [Pentland Firth Software GmbH](https://appshunter.io/developer/580828199) |

## 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 |


### SplitBill

[App page](https://appshunter.io/ios/app/splitbill-split-expenses/id6444704240)

Easily split bills by snapping a photo of your receipt. Mark numbers, assign them to custom categories or people, and track expenses accurately. Correct errors and see totals at a glance.

**Highlights:** Scan receipts to split expenses, Mark and sum numbers from images, Create custom expense cards, Distinguish and track individual expenses, Calculate total amounts and remainders, Add or correct recognized numbers

**Features:** macOS Compatibility, Vision Pro support

**In-app purchases:** none


## Frequently asked questions

### Is IOU free?

IOU is free to download, with in-app purchases available.

### Is SplitBill free?

SplitBill is free to download, with no in-app purchases.

### Which has better reviews, IOU or SplitBill?

IOU is rated higher. IOU averages 4.4 out of 5 from 17 ratings, while SplitBill averages 4.3 from 3 ratings.

### Do IOU or SplitBill have ads?

Neither IOU nor SplitBill shows ads.

### Which is updated more often, IOU or SplitBill?

IOU ships an update fortnightly, and SplitBill every 6 weeks. Most recently, IOU was updated on September 21, 2026 and SplitBill on September 18, 2026.

---

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