# SplitIt vs Heypenny

The clearest difference is update cadence: SplitIt at every 6 days against Heypenny's every 3 weeks. SplitIt also leads on ratings volume (792 vs 20) and iOS requirement (15.0 vs 17.0). Heypenny's advantage is review sentiment (100% vs 88%). On price, rating, ads and in-app purchases there is nothing between them.

Both are free to download. SplitIt sells 18 in-app purchases, starting at $4.99 per month and Heypenny sells 2 in-app purchases, starting at $9.00 per 3 months. Whichever you choose, the download price is not the number that matters.

On the App Store both sit at effectively the same score — 4.9 for SplitIt against 5.0 for Heypenny. That said, the two scores are not equally well evidenced: SplitIt has 792 ratings behind it against 20, so its average is the more settled of the two. Written reviews are what separate them: 88% of SplitIt's written reviews are positive against 100% of Heypenny's.

SplitIt ships an update every 6 days, Heypenny every 3 weeks. The most recent releases landed on September 23, 2026 and July 6, 2026 respectively.

## The numbers

| Metric | SplitIt | Heypenny |
| --- | --- | --- |
| Price | Free | Free |
| Rating | [4.9 (792 ratings)](https://appshunter.io/ios/app/splitit-group-bill-splitter/id6472703319/reviews) | **[5.0 (20 ratings)](https://appshunter.io/ios/app/heypenny-split-bills-fairly/id6478797377/reviews)** |
| Number of ratings | **792** | 20 |
| Positive reviews | 87.9% of reviews | **100.0% of reviews** |
| In-app purchases | Yes | Yes |
| Ads | No | No |
| Update frequency | **Every 6 days** | Every 3 weeks |
| Monetization | Free with in-app purchases | Freemium |
| Size | 59 MB | 42 MB |
| Requires iOS | **15.0** | 17.0 |
| Devices | iPhone, iPod | iPhone, iPad |
| Age rating | 4+ | 4+ |
| Developer | [Feast Labs LLC](https://appshunter.io/developer/1612428785) | [Ryan Moelter](https://appshunter.io/developer/1611860684) |

## What reviewers say

### SplitIt

[App page](https://appshunter.io/ios/app/splitit-group-bill-splitter/id6472703319)

Easily split bills and track shared expenses with friends. Upload receipts, assign items, and settle balances seamlessly. Keep a record of shared outings and manage payments or requests within your group.

**Highlights:** Split bills from receipts, Assign items to individuals, Track expenses and balances, Pay or request money from friends, Record shared outings

**In-app purchases (18)**

| Purchase | Price | Billing |
| --- | --- | --- |
| Unlimited | $4.99 | per month |
| Unlimited | $39.99 | per year |
| Developer Tip | $0.29 | one-time |
| Developer Tip | $0.49 | one-time |
| Developer Tip | $0.69 | one-time |
| Developer Tip | $0.99 | one-time |
| Developer Tip | $1.09 | one-time |
| Developer Tip | $1.59 | one-time |
| Developer Tip | $1.99 | one-time |
| Developer Tip | $2.69 | one-time |
| Developer Tip | $4.99 | one-time |
| Developer Tip | $11.99 | one-time |
| Developer Tip | $12.99 | one-time |
| Developer Tip | $14.99 | one-time |
| Developer Tip | $15.99 | one-time |
| Developer Tip | $34.99 | one-time |
| Developer Tip | $39.99 | one-time |
| Developer Tip | $49.99 | one-time |

**What reviewers like**

- 🚀 Fast and efficient bill splitting process
- 👍 Intuitive and clean user interface/UX design
- 📱 Seamless Venmo integration for payment requests
- 🎯 Accurate OCR receipt scanning and reading
- ✨ Ad-free experience

**What reviewers complain about**

- 🔐 Requires phone number signup and data collection
- 📵 Doesn't work without mandatory account creation
- ⚠️ Privacy concerns regarding data selling practices
- 🐛 Domain/server issues preventing app access
- 😤 Cumbersome interaction for large party splits

**Reported bugs**

- Restaurant search feature experiencing bugs
- Domain expired - unable to log in or access support
- App requires internet connection despite having local OCR capability
- Newly split items moved to bottom of list causing confusion

**Requested features**

- Add Zelle and Apple Cash payment integration
- Support multiple receipt photo uploads
- Display total receipt amount on final summary page
- Customizable Venmo message templates
- In-app payment requests instead of Venmo redirect


### Heypenny

[App page](https://appshunter.io/ios/app/heypenny-split-bills-fairly/id6478797377)

Effortlessly divide shared costs among friends, housemates, or travel companions. Scan receipts to itemize expenses, calculate individual balances including tip and tax, and easily settle up with integrated payment options. Offers offline functionality and multi-currency support for seamless group expense management.

**Highlights:** Scan and itemize receipts, Calculate individual balances, Tip and tax calculation, Group expense management, Venmo settlement integration, Multi-currency conversion, Offline functionality

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

**In-app purchases (2)**

| Purchase | Price | Billing |
| --- | --- | --- |
| Heypenny premium | $9.00 | per 3 months |
| Heypenny premium | $24.00 | per year |


## Frequently asked questions

### Is SplitIt free?

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

### Is Heypenny free?

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

### Which has better reviews, SplitIt or Heypenny?

Heypenny is rated higher. SplitIt averages 4.9 out of 5 from 792 ratings, while Heypenny averages 5.0 from 20 ratings.

### Do SplitIt or Heypenny have ads?

Neither SplitIt nor Heypenny shows ads.

### Which is updated more often, SplitIt or Heypenny?

SplitIt ships an update every 6 days, and Heypenny every 3 weeks. Most recently, SplitIt was updated on September 23, 2026 and Heypenny on July 6, 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.*