IOU vs U
Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.
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.
- Receipt scanning and itemization
- Assign items to individuals
- Automatic tax and tip calculation
- Per-person total calculation
- Eliminates manual bill splitting
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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/
U
Easily divide expenses with friends and family. Enter the total cost, add participants, and let the app handle the calculations. Avoid awkward money conversations and enjoy stress-free bill splitting for any occasion.
- Effortless bill splitting
- Add unlimited friends
- Fast and easy calculations
- Stress-free expense division
- Ideal for group outings
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Our app simplifies the bill splitting process, making it a breeze to divide up costs and expenses. Whether you're out to dinner with a large group of friends or simply splitting the cost of groceries, our app has got you covered. Just enter the total amount, add your friends, and let U-Split do the rest! No more awkward conversations about who owes what, no more complicated calculations, and no more confusion. Our app is designed to make splitting bills fast, easy, and stress-free, so you can focus on enjoying your time with friends. With U-Split, you can: - Easily split bills between friends at restaurants and other areas of life. - Add as many friends as you need to each bill So why wait? Download U-Split today and start splitting bills the easy way!
Screenshots
Verdict
The clearest difference is rating: U at 5.0 against IOU's 4.4. U also leads on review sentiment (100% vs 60%) and in-app purchases (none vs 5). IOU's advantage is update cadence (fortnightly vs monthly) and ratings volume (17 vs 5). On price, ads and device support 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
Both are free to download. IOU sells 5 in-app purchases, starting at $0.99 per month. U asks for nothing beyond the download.
U holds the better App Store score, 5.0 against 4.4. Both are backed by a comparable volume of ratings — 17 and 5 respectively. Written reviews point the same way: 60% of IOU's written reviews are positive against 100% of U's.
IOU ships an update fortnightly, U monthly. The most recent releases landed on September 25, 2026 and June 10, 2026 respectively.
| Parameter | IOU | U |
|---|---|---|
| Price | Free | Free |
| Rating | 4.4 (17 ratings) | 5.0 (5 ratings) — better |
| Positive reviews | 60.0% of reviews | 100.0% of reviews — better |
| Number of ratings | 17 — better | 5 |
| Update frequency | Fortnightly — better | Monthly |
| Ads | No | No |
| In-app purchases | Yes | No — better |
| Monetization | Freemium | Free — better |
| Devices | iPhone, iPad, Vision Pro | iPhone, iPad, iPod |
| Requires iOS | 26.0 | 13.4 — better |
| Further details — not scored | ||
| Size | 53 MB | 28 MB |
| Age rating | 4+ | 4+ |
| Developer | Eric Agredo | Steven Gardiner |
Customer experience
IOU
U
In-app purchases
IOU
- IOU Pro3 Days trial$0.991 Month
- IOU Pro$2.991 Month
- IOU Pro7 Days trial$6.991 Year
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- IOU Pro7 Days trial$24.991 Year
- Lifetime IOU Pro$29.99
U
No in-app purchases






