Comparison

IOU vs SplitPal

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

SplitPal

Features
Read full description

SplitPal makes it simple to track shared expenses, split bills, and settle balances with friends and groups. Whether you are sharing a meal, planning a trip, managing household spending, or keeping track of everyday costs, SplitPal helps everyone stay clear on who paid and what is still owed. Key features: - Add personal and group expenses - Split bills with friends and group members - Track balances and record settlements - Organize expenses by category - Review your activity history and spending insights - Scan receipts to make expense entry easier - Use multiple currencies for different expenses and groups - Invite friends and manage shared groups SplitPal is designed to keep shared spending clear, organized, and easy to settle. SplitPal Pro is an auto-renewable subscription that unlocks receipt scanning, multi-currency with live FX, itemized & custom splits, spending insights, and group pools. - 7-day free trial, then $4.99/month or $29.99/year. - Payment is charged to your Apple ID account at confirmation of purchase. - Your subscription automatically renews unless it is cancelled at least 24 hours before the end of the current period. - Manage or cancel anytime in your App Store account settings. Terms of Use (EULA): https://www.apple.com/legal/internet-services/itunes/dev/stdeula/ Privacy Policy: https://adventurous-calculator-e62.notion.site/SplitPal-Privacy-Policy-371bddf59ffa81a09b9fc48ac3b793ac

Screenshots

IOU4 screens
SplitPal4 screens

Verdict

The call

The clearest difference is iOS requirement: SplitPal at 17.0 against IOU's 26.0. On price, update cadence, ads and in-app purchases 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 and SplitPal sells 2 in-app purchases, starting at $4.99 per month. Whichever you choose, the download price is not the number that matters.

UpkeepUpdate frequency

IOU ships an update fortnightly, SplitPal every 8 days. The most recent releases landed on September 25, 2026 and October 3, 2026 respectively.

Scorecard1 real difference · 9 level
IOU versus SplitPal: the parameters behind the verdict, then further details
ParameterIOUSplitPal
PriceFreeFree
Rating4.4 (17 ratings) — better—
Positive reviews60.0% of reviews—
Number of ratings17 — better—
Update frequencyFortnightlyEvery 8 days — better
AdsNoNo
In-app purchasesYesYes
MonetizationFreemium—
DevicesiPhone, iPad, Vision Pro — betteriPhone, iPad
Requires iOS26.017.0 — better
Further details — not scored
Size53 MB44 MB
Age rating4+4+
DeveloperEric Agredoyeow seng ooi

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
2 purchases

SplitPal

Subscriptions2
  • SplitPal Pro Monthly7 Days trial$4.991 Month
  • SplitPal Pro Annual7 Days trial$29.991 Year

Questions

Is IOU free?
IOU is free to download, with in-app purchases available.
Is SplitPal free?
SplitPal is free to download, with in-app purchases available.
Do IOU or SplitPal have ads?
Neither IOU nor SplitPal shows ads.
Which is updated more often, IOU or SplitPal?
IOU ships an update fortnightly, and SplitPal every 8 days. Most recently, IOU was updated on September 25, 2026 and SplitPal on October 3, 2026.

Other comparisons