# Splitwise vs Cost Split Payments

The clearest difference is rating: Cost Split Payments at 4.7 against Splitwise's 4.0. Cost Split Payments also leads on review sentiment (75% vs 44%). Splitwise's advantage is ratings volume (28K vs 11) and chart position (#26 vs unranked). On price, update cadence, ads and in-app purchases there is nothing between them.

Both are free to download. Splitwise sells 10 in-app purchases, starting at $2.99 per month and Cost Split Payments sells 4 in-app purchases, starting at $4.99 per 7 days. Whichever you choose, the download price is not the number that matters.

Cost Split Payments holds the better App Store score, 4.7 against 4.0. That said, the two scores are not equally well evidenced: Splitwise has 28K ratings behind it against 11, so its average is the more settled of the two. Written reviews point the same way: 44% of Splitwise's written reviews are positive against 75% of Cost Split Payments's.

Splitwise ships an update weekly, Cost Split Payments fortnightly. The most recent releases landed on September 24, 2026 and September 11, 2026 respectively.

## The numbers

| Metric | Splitwise | Cost Split Payments |
| --- | --- | --- |
| Price | Free | Free |
| Rating | [4.0 (28K ratings)](https://appshunter.io/ios/app/splitwise/id458023433/reviews) | **[4.7 (11 ratings)](https://appshunter.io/ios/app/cost-split-payments-settle-up/id6541750436/reviews)** |
| Number of ratings | **28K** | 11 |
| Positive reviews | 44.3% of reviews | **75.0% of reviews** |
| In-app purchases | Yes | Yes |
| Ads | No | No |
| Update frequency | **Weekly** | Fortnightly |
| Monetization | Free with in-app purchases | Free with in-app purchases |
| Best chart rank | **#26** | — |
| Size | 67 MB | 35 MB |
| Requires iOS | 16.0 | 16.0 |
| Devices | iPhone, iPad | iPhone, iPad |
| Age rating | 4+ | 4+ |
| Developer | [Splitwise, Inc.](https://appshunter.io/developer/458023436) | [Nadiia Martyniuk](https://appshunter.io/developer/1757187452) |

## What reviewers say

### Splitwise

[App page](https://appshunter.io/ios/app/splitwise/id458023433)

**Currently charting:** #26 Top Grossing · Finance, #83 Top Free · Finance (US App Store)

Easily track shared expenses with friends and family, eliminating the stress of who owes whom. Organize group bills for households, trips, and more with a simple, intuitive interface. Supports multiple currencies and payment integrations.

**Highlights:** Create groups or private friendships, Add expenses in any currency, Simplify debts into repayment plans, Split expenses equally or unequally, Record cash payments or use integrations, Recurring bills, Export to CSV

**Features:** Apple Wallet, Vision Pro support

**In-app purchases (10)**

| Purchase | Price | Billing |
| --- | --- | --- |
| Splitwise Pro | $2.99 | per month |
| Splitwise Pro | $2.99 | per month |
| Splitwise Pro | $2.99 | per month |
| Splitwise Pro | $3.99 | per month |
| Splitwise Pro | $4.99 | per month |
| Splitwise Pro | $29.99 | per year |
| Splitwise Pro | $29.99 | per year |
| Splitwise Pro | $39.99 | per year |
| Splitwise Pro | $39.99 | per year |
| Splitwise Pro | $59.99 | per year |

**What reviewers like**

- 🚀 Simplifies splitting expenses
- 👍 Easy to use and intuitive
- 💡 Helpful for group trips and shared living
- 🚀 Convenient payment integration
- 🚀 Supports multiple currencies

**What reviewers complain about**

- 🐛 Confusing settle up process
- 🐛 Inaccurate receipt scanning
- 💰 Subscription model too expensive
- 🐛 Glitches when switching between apps
- 🐛 Inconsistent user experience

**Reported bugs**

- Payments not properly credited
- Expense entries disappearing
- Incorrect balance calculations
- Venmo integration issues

**Requested features**

- Custom recurring expense options
- Ability to set default split percentages
- Better group management tools
- Improved currency conversion and tracking
- Integration with more payment services


### Cost Split Payments

[App page](https://appshunter.io/ios/app/cost-split-payments-settle-up/id6541750436)

Effortlessly manage shared expenses with friends, roommates, or travel buddies. This app automates calculations, tracks debts, and categorizes spending, making financial coordination simple and stress-free. Enjoy offline functionality for tracking expenses anytime, anywhere.

**Highlights:** Create and manage groups, Log expenses with details, Automatic expense calculations, Track and settle debts, Customizable expense categories, Offline expense tracking

**Features:** macOS Compatibility

**In-app purchases (4)**

| Purchase | Price | Billing |
| --- | --- | --- |
| Weekly Plan | $4.99 | per 7 days |
| 6 Month | $8.99 | per 6 months |
| Yearly Plan | $17.99 | per year |
| 1 Month | $31.99 | per month |


## Frequently asked questions

### Is Splitwise free?

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

### Is Cost Split Payments free?

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

### Which has better reviews, Splitwise or Cost Split Payments?

Cost Split Payments is rated higher. Splitwise averages 4.0 out of 5 from 28K ratings, while Cost Split Payments averages 4.7 from 11 ratings.

### Do Splitwise or Cost Split Payments have ads?

Neither Splitwise nor Cost Split Payments shows ads.

### Which is updated more often, Splitwise or Cost Split Payments?

Splitwise ships an update weekly, and Cost Split Payments fortnightly. Most recently, Splitwise was updated on September 24, 2026 and Cost Split Payments on September 11, 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.*