# IOU vs SplitEase

The clearest difference is in-app purchases: SplitEase at none against IOU's 5. SplitEase also leads on update cadence (daily vs fortnightly) and iOS requirement (12.0 vs 26.0). On price, 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. SplitEase asks for nothing beyond the download.

IOU ships an update fortnightly, SplitEase daily. The most recent releases landed on November 3, 2026 and October 25, 2026 respectively.

## The numbers

| Metric | IOU | SplitEase |
| --- | --- | --- |
| Price | Free | Free |
| Rating | **[4.4 (18 ratings)](https://appshunter.io/ios/app/iou-split-receipts-and-expense/id1589968294/reviews)** | — |
| Number of ratings | **18** | — |
| Positive reviews | 60.0% of reviews | — |
| In-app purchases | Yes | **No** |
| Ads | No | No |
| Update frequency | Fortnightly | **Daily** |
| Monetization | Freemium | — |
| Size | 53 MB | 31 MB |
| Requires iOS | 26.0 | **12.0** |
| Devices | iPhone, iPad, Vision Pro | iPhone, iPad, iPod |
| Age rating | 4+ | 4+ |
| Developer | [Eric Agredo](https://appshunter.io/developer/1475112741) | [Mohamad Hassan Hijab](https://appshunter.io/developer/1535107743) |

## 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 |


### SplitEase

[App page](https://appshunter.io/ios/app/splitease-split-a-group-bill/id6476703696)

**Features:** macOS Compatibility

**In-app purchases:** none


## Frequently asked questions

### Is IOU free?

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

### Is SplitEase free?

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

### Do IOU or SplitEase have ads?

Neither IOU nor SplitEase shows ads.

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

IOU ships an update fortnightly, and SplitEase daily. Most recently, IOU was updated on November 3, 2026 and SplitEase on October 25, 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.*