# IOU vs Split This

The clearest difference is rating: Split This at 5.0 against IOU's 4.4. Split This also leads on review sentiment (100% vs 60%) and iOS requirement (18.0 vs 26.0). IOU's advantage is ads (none vs shown). On price, ratings volume, update cadence 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 Split This sells 2 in-app purchases, starting at $0.99 per month. Whichever you choose, the download price is not the number that matters.

Split This holds the better App Store score, 5.0 against 4.4. Both are backed by a comparable volume of ratings — 17 and 8 respectively. Written reviews point the same way: 60% of IOU's written reviews are positive against 100% of Split This's.

Both ship on a similar rhythm, roughly fortnightly. The most recent releases landed on September 21, 2026 and June 22, 2026 respectively.

## The numbers

| Metric | IOU | Split This |
| --- | --- | --- |
| Price | Free | Free |
| Rating | [4.4 (17 ratings)](https://appshunter.io/ios/app/iou-split-receipts-and-expense/id1589968294/reviews) | **[5.0 (8 ratings)](https://appshunter.io/ios/app/split-this-receipt-splitter/id6448710448/reviews)** |
| Number of ratings | **17** | 8 |
| Positive reviews | 60.0% of reviews | **100.0% of reviews** |
| In-app purchases | Yes | Yes |
| Ads | **No** | Yes |
| Update frequency | Fortnightly | Fortnightly |
| Monetization | Freemium | Free with in-app purchases |
| Size | 53 MB | 22 MB |
| Requires iOS | 26.0 | **18.0** |
| Devices | **iPhone, iPad, Vision Pro** | iPhone, iPad |
| Age rating | 4+ | 4+ |
| Developer | [Eric Agredo](https://appshunter.io/developer/1475112741) | [Christopher Donoso](https://appshunter.io/developer/1885026399) |

## 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 |


### Split This

[App page](https://appshunter.io/ios/app/split-this-receipt-splitter/id6448710448)

Effortlessly divide expenses with this bill splitting and receipt scanning tool. Automatically extract item details from receipts, assign costs to friends, and calculate individual totals including tax and tip. Share breakdowns instantly for stress-free group payments.

**Highlights:** Receipt scanning with automatic item extraction, Manual item entry and editing, Assign items to friends without sign-ups, Automatic tax and tip calculation, Built-in currency converter, Save and share payment breakdowns

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

**In-app purchases (2)**

| Purchase | Price | Billing |
| --- | --- | --- |
| Premium Monthly Plan | $0.99 | per month |
| Premium Annual Plan | $9.99 | per year |


## Frequently asked questions

### Is IOU free?

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

### Is Split This free?

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

### Which has better reviews, IOU or Split This?

Split This is rated higher. IOU averages 4.4 out of 5 from 17 ratings, while Split This averages 5.0 from 8 ratings.

### Do IOU or Split This have ads?

Split This shows ads; IOU does not.

### Which is updated more often, IOU or Split This?

IOU ships an update fortnightly, and Split This fortnightly. Most recently, IOU was updated on September 21, 2026 and Split This on June 22, 2026.

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