Comparison

IOU vs U

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

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.

Highlights
  • Effortless bill splitting
  • Add unlimited friends
  • Fast and easy calculations
  • Stress-free expense division
  • Ideal for group outings
Features
Read full description

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

IOU4 screens
U1 screens

Verdict

The call

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

CostPrice · In-app purchases · Ads · Monetization

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

ReceptionRating · Positive reviews · Number of ratings

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.

UpkeepUpdate frequency

IOU ships an update fortnightly, U monthly. The most recent releases landed on September 25, 2026 and June 10, 2026 respectively.

Scorecard7 real differences · 3 level
IOU versus U: the parameters behind the verdict, then further details
ParameterIOUU
PriceFreeFree
Rating4.4 (17 ratings)5.0 (5 ratings) — better
Positive reviews60.0% of reviews100.0% of reviews — better
Number of ratings17 — better5
Update frequencyFortnightly — betterMonthly
AdsNoNo
In-app purchasesYesNo — better
MonetizationFreemiumFree — better
DevicesiPhone, iPad, Vision ProiPhone, iPad, iPod
Requires iOS26.013.4 — better
Further details — not scored
Size53 MB28 MB
Age rating4+4+
DeveloperEric AgredoSteven Gardiner

Customer experience

IOU

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

U

All ratings5 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
None

U

No in-app purchases

Questions

Is IOU free?
IOU is free to download, with in-app purchases available.
Is U free?
U is free to download, with no in-app purchases.
Which has better reviews, IOU or U?
U is rated higher. IOU averages 4.4 out of 5 from 17 ratings, while U averages 5.0 from 5 ratings.
Do IOU or U have ads?
Neither IOU nor U shows ads.
Which is updated more often, IOU or U?
IOU ships an update fortnightly, and U monthly. Most recently, IOU was updated on September 25, 2026 and U on June 10, 2026.

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