Comparison

IOU vs Splitip

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

Splitip

Effortlessly split bills and calculate individual expenses with proportional tax and tip distribution. Scan receipts using OCR to automatically extract line items, assign them to individuals, and generate shareable summaries. Offers host and self-service modes for flexible group bill management.

Highlights
  • Receipt scanning with OCR
  • Proportional tax & tip distribution
  • Host and Self-Service splitting modes
  • Bill history with search and filter
  • Export bills to CSV
  • Integrated payment links
Features
Read full description

Splitip - Scan Receipts & Split Bills Fairly Stop overpaying when splitting restaurant bills. Splitip calculates exactly what you owe based on what you ordered—with tax and tip distributed proportionally, not equally. Now with receipt scanning so you don't have to type a thing. SCAN YOUR RECEIPTS Point your camera at any receipt and Splitip reads it instantly. OCR technology extracts every line item automatically—just review, assign items to people, and split. No more squinting at receipts or manually entering prices. TWO FLEXIBLE MODES Host Mode - Take charge of the bill Enter what everyone ordered or scan the receipt and assign items. Splitip instantly calculates each person's share including their proportional tax and tip. Generate a shareable summary showing exactly what everyone owes. Perfect for group dinners where one person is handling the bill. Self-Service Mode - Let everyone calculate their own Generate a shareable link where each person enters what they ordered. They instantly see their total including their fair share of tax and tip. No app download required for your friends—they just open the link. SMART CALCULATIONS The math is transparent: if you ordered 30% of the food, you pay 30% of the tax and tip. Simple, fair, and accurate. Each person pays proportionally based on their actual orders, not arbitrary equal splits. COMPREHENSIVE BILL HISTORY Never lose track of expenses: • Automatic bill history with timestamps • Search by restaurant name or date • Sort by newest/oldest, amount high-low, or name A-Z • Filter by favorites or view all bills • Tap any bill to see the full breakdown • Edit bill names anytime • Export everything to CSV for expense reports SEAMLESS PAYMENTS Set your preferred payment methods (Venmo, Zelle, PayPal) and contact info in settings. Your payment details are automatically included in every bill summary, making it easy for friends to pay you instantly. KEY FEATURES • Receipt scanning with OCR • Proportional tax & tip distribution • Host and Self-Service splitting modes • Save and organize unlimited bills • Search, sort, and filter bill history • Mark bills as favorites for quick access • Export all bills to CSV • Integrated payment links (Venmo, Zelle, PayPal) • Edit bill names and details • Share bills via link or native share • Expandable person cards showing item-by-item breakdown • Real-time calculation as you add items • Dark mode and light mode support • Clean, intuitive interface PRIVACY-FIRST DESIGN Your data stays on your device. Period. • No account required • No data collection or tracking • No backend servers storing your information • All calculations happen locally on your phone • Receipt photos are processed on-device and never uploaded • No ads, no analytics, 100% private PERFECT FOR • Restaurant dinners with friends • Team lunches and work outings • Group trips and shared expenses • Roommate meal splitting • Expense tracking and reimbursements • Any situation where fair splitting matters HOW IT WORKS 1. Choose Host or Self-Service mode 2. Scan your receipt or enter items manually 3. Assign items to each person 4. View the detailed breakdown showing each person's share 5. Share payment info and settle up 6. Bill automatically saved to history FREE FOREVER No subscriptions, no premium tiers, no hidden fees. Splitip is completely free because fair bill splitting should be accessible to everyone.

Screenshots

IOU4 screens
Splitip4 screens

Verdict

The call

The clearest difference is rating: Splitip at 5.0 against IOU's 4.4. Splitip also leads on review sentiment (100% vs 60%) and in-app purchases (none vs 5). IOU's advantage is update cadence (fortnightly vs every 2 months) and ratings volume (18 vs 6). 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. Splitip asks for nothing beyond the download.

ReceptionRating · Positive reviews · Number of ratings

Splitip holds the better App Store score, 5.0 against 4.4. Both are backed by a comparable volume of ratings — 18 and 6 respectively. Written reviews point the same way: 60% of IOU's written reviews are positive against 100% of Splitip's.

UpkeepUpdate frequency

IOU ships an update fortnightly, Splitip every 2 months. The most recent releases landed on November 3, 2026 and November 5, 2026 respectively.

Scorecard7 real differences · 3 level
IOU versus Splitip: the parameters behind the verdict, then further details
ParameterIOUSplitip
PriceFreeFree
Rating4.4 (18 ratings)5.0 (6 ratings) — better
Positive reviews60.0% of reviews100.0% of reviews — better
Number of ratings18 — better6
Update frequencyFortnightly — betterEvery 2 months
AdsNoNo
In-app purchasesYesNo — better
MonetizationFreemiumFree — better
DevicesiPhone, iPad, Vision ProiPhone, iPad, iPod
Requires iOS26.015.6 — better
Further details — not scored
Size53 MB21 MB
Age rating4+4+
DeveloperEric AgredoSumin Jo

Customer experience

IOU

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

Splitip

All ratings6 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

Splitip

No in-app purchases

Questions

Is IOU free?
IOU is free to download, with in-app purchases available.
Is Splitip free?
Splitip is free to download, with no in-app purchases.
Which has better reviews, IOU or Splitip?
Splitip is rated higher. IOU averages 4.4 out of 5 from 18 ratings, while Splitip averages 5.0 from 6 ratings.
Do IOU or Splitip have ads?
Neither IOU nor Splitip shows ads.
Which is updated more often, IOU or Splitip?
IOU ships an update fortnightly, and Splitip every 2 months. Most recently, IOU was updated on November 3, 2026 and Splitip on November 5, 2026.

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