Comparison

SplitSpend vs AllowanceKit

Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.

Head to head
About

SplitSpend

Features
Read full description

SplitSpend allows you to manage group expenses for vacations, living with roommates, couples, or other group activities. You can easily add expenses as they occur, and SplitSpend will calculate how much each person owes. Invite your friends, and everyone can add expenses from their own devices. Key features: - Aesthetic and easy-to-use user interface - Syncs with friends - Insightful charts - Set budgets based on categories - All currencies supported - Categorize your expenses - Different splitting options - Remind your friends Terms & Conditions: https://sugistudio.dev/terms-and-conditions.html Please feel free to contact us through email, we are always happy to help you with any issues you have! :)

About

AllowanceKit

This app helps families teach children about managing money through a virtual allowance system. Set up automatic deposits, customize spending and saving buckets, and let kids track their balances on their own devices. It's a digital ledger for teaching financial literacy without real bank accounts.

Highlights
  • Virtual allowance tracking
  • Automatic deposit scheduling
  • Customizable spending/saving buckets
  • Kid's view with balances
  • iCloud syncing across devices
  • No bank or card connections
Features
Read full description

AllowanceKit is a virtual allowance tracker that helps families teach kids about money — without the complexity of real bank accounts or debit cards. SET IT AND FORGET IT Enter your child's allowance amount, pick a schedule (weekly, fortnightly, or monthly), and AllowanceKit deposits it automatically. Even catches up if you forget to open the app. SAVE, SPEND, GIVE Split every deposit into custom buckets. Teach your kids the basics of budgeting without a single lecture. Rename buckets, adjust percentages, or add new ones to match your family's values. SAVINGS GOALS — NEW Give any bucket a goal — a bike, a game, anything — and let your kid pick a sticker to go with it. The bucket card fills up as they save, the whole screen celebrates when they get there, and the sticker joins their collection for keeps. FAMILY SHARING Manage allowances together. Invite the other parent with a QR code and they get full access from their own iCloud account, with every change syncing both ways. Grandparents can follow along view-only. KID'S OWN VIEW Kids check their balance, buckets, and history on their own device or the family iPad — even with their own Apple ID. Big, friendly numbers. Look, but not touch. Optional passcodes keep siblings out. VIRTUAL TRACKING ONLY AllowanceKit is a ledger, not a bank. No bank connections, no card numbers, no real money moves through the app. You handle the cash, we handle the math. THE WHOLE FAMILY, IN SYNC iCloud keeps every device up to date — yours, the other parent's, and the kids'. Add money on your iPhone, and it shows up everywhere. Works on iPhone, iPad and Apple silicon Macs. TRULY PRIVATE All data stays on your device and in your personal iCloud account. No servers, no analytics, no ads, no tracking. We literally cannot see your data. FREE VS PREMIUM • Free: 1 child, up to 3 buckets, all core features — and accepting any Family Sharing invite • Premium: Unlimited children, unlimited buckets, savings goals, child device locking, overspending, creating Family Sharing invites • Choose $0.99 USD monthly, $7.99 USD annually, or $12.99 USD lifetime. All plans include the same Premium features. Local prices may vary. Monthly and annual subscriptions renew automatically unless cancelled at least 24 hours before the current period ends. Payment is charged to your Apple Account at confirmation, and renewal is charged within 24 hours before the period ends. Manage or cancel subscriptions in your Apple Account settings. Lifetime is a one-time purchase with no recurring charge. Existing lifetime owners keep Premium without subscribing. Buying lifetime does not automatically cancel an active subscription. Privacy policy: https://allowancekit.app/privacy Terms of Use (Apple standard EULA): https://www.apple.com/legal/internet-services/itunes/dev/stdeula/

Screenshots

SplitSpend4 screens
AllowanceKit4 screens

Verdict

The call

The clearest difference is iOS requirement: SplitSpend at 13.4 against AllowanceKit's 17.0. 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. SplitSpend sells 1 one-off in-app purchase and AllowanceKit sells 1 one-off in-app purchase. Whichever you choose, the download price is not the number that matters.

UpkeepUpdate frequency

SplitSpend ships an update every 3 days, AllowanceKit weekly. The most recent releases landed on October 12, 2026 and October 9, 2026 respectively.

Scorecard1 real difference · 9 level
SplitSpend versus AllowanceKit: the parameters behind the verdict, then further details
ParameterSplitSpendAllowanceKit
PriceFreeFree
Rating—5.0 (2 ratings) — better
Positive reviews—0.0% of reviews
Number of ratings—2 — better
Update frequencyEvery 3 days — betterWeekly
AdsNoNo
In-app purchasesYesYes
Monetization—Free with in-app purchases
DevicesiPhone, iPodiPhone, iPad
Requires iOS13.4 — better17.0
Further details — not scored
Size43 MB4 MB
Age rating4+4+
DeveloperChristian SugiantoRod Xavier Bondoc

In-app purchases

1 purchases

SplitSpend

One-time1
  • Lifetime Premium$9.99
1 purchases

AllowanceKit

One-time1
  • AllowanceKit Premium$4.99

Questions

Is SplitSpend free?
SplitSpend is free to download, with in-app purchases available.
Is AllowanceKit free?
AllowanceKit is free to download, with in-app purchases available.
Do SplitSpend or AllowanceKit have ads?
Neither SplitSpend nor AllowanceKit shows ads.
Which is updated more often, SplitSpend or AllowanceKit?
SplitSpend ships an update every 3 days, and AllowanceKit weekly. Most recently, SplitSpend was updated on October 12, 2026 and AllowanceKit on October 9, 2026.

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