Comparison

Expense Tracker vs BalanceWise

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

Head to head
About

Expense Tracker

Features
Read full description

Finally, a bill splitter that doesn’t limit your expenses. Expense Tracker is the easiest way to share expenses with friends, roommates, and travel partners. Whether you're splitting rent, tracking a group vacation, or just spotting a friend for lunch, we keep the math simple and the friendships strong. Unlike other apps, Expense Tracker gives you unlimited expenses, 100% for free. No daily limits. No subscription paywalls. Just a clean, modern way to track who owes what. WHY SWITCH TO EXPENSE TRACKER? 100% Free "Pro" Features Get the advanced tools other apps charge for. Perfect for Travel  Going abroad? Offline Mode means you can add expenses on the flight or in remote areas—we’ll sync everything when you’re back online. Roommate Harmony  Split rent, utilities, and grocery bills effortlessly. Our smart "Debt Simplification" algorithm minimizes the number of transactions needed to settle up. If Alice owes Bob $10 and Bob owes Charlie $10, we just tell Alice to pay Charlie. KEY FEATURES Smart Expense Tracking Unlimited Expenses: Add as many bills as you want. No "3 per day" limits. Group Management: Create groups for "Apartment," "Road Trip," "Couple," or "Events." Multiple Split Options: Split equally, unequally, by percentage, or by shares. Import your credit card statements: upload PDFs to easily check and control charges Global Currency Support Add expenses in any currency (USD, EUR, JPY, INR, and 100+ others). View your total balance in your preferred currency. Visual Analytics See where your money goes with beautiful, interactive charts. Track spending trends by category (Food, Transport, Lodging) or by month. Easy Settlement Record cash payments or "Settle Up" instantly. Private & Secure Local-First Data: Your data is stored on your device for maximum speed and privacy. Cloud Sync: seamless backup to ensure you never lose your history. Export to CSV: take your data anywhere. USE CASES Roommates: Split rent, internet, and household supplies. Couples: Manage shared relationship costs and date nights. Travel Groups: Track vacation spending without the spreadsheet headache. Events: Bachelor/Bachelorette parties, weddings, and group dinners. Download Expense Tracker today and stop worrying about the bill.

About

BalanceWise

Features
Read full description

BalanceWise — Smart, Simple Money Management Take control of your finances with BalanceWise. Whether you’re tracking daily spending, managing bills, or monitoring your accounts, BalanceWise gives you a clear, simple view of your money all in one place. Track Every Dollar Easily log expenses and income or import transactions directly from your bank. See exactly where your money is going with a clean, organized dashboard. Secure Bank Connections Connect your accounts using trusted bank integrations. Transactions sync automatically so you always have up-to-date financial data without manual work. Never Miss a Bill Stay ahead of your finances with built-in bill tracking and reminders. Know what’s due and when so you can avoid late fees and stay organized. Household Budgeting Manage finances across your household. Assign expenses, track shared spending, and stay aligned on your financial goals together. Clear Financial Overview Get a real-time snapshot of your spending, upcoming bills, and account activity from one intuitive dashboard. Built with Privacy in Mind Your data stays yours. BalanceWise uses secure authentication and trusted integrations. We never store your bank login credentials. Designed for Simplicity No clutter. No confusing charts. Just the tools you need to understand your finances and make better decisions. What’s Coming Next We’re continuously improving BalanceWise with new features like enhanced insights, smarter categorization, and more customization options. Terms of Use: https://bwise.tnds.io/termsofservice

Screenshots

Expense Tracker3 screens
BalanceWise4 screens

Verdict

The call

The clearest difference is in-app purchases: Expense Tracker at none against BalanceWise's 2. Expense Tracker also leads on update cadence (every 2 days vs weekly) and iOS requirement (13.0 vs 15.6). 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. BalanceWise sells 2 in-app purchases, starting at $4.99 per month. Expense Tracker asks for nothing beyond the download.

UpkeepUpdate frequency

Expense Tracker ships an update every 2 days, BalanceWise weekly. The most recent releases landed on September 23, 2026 and October 12, 2026 respectively.

Scorecard3 real differences · 3 level
Expense Tracker versus BalanceWise: the parameters behind the verdict, then further details
ParameterExpense TrackerBalanceWise
PriceFreeFree
Update frequencyEvery 2 days — betterWeekly
AdsNoNo
In-app purchasesNo — betterYes
DevicesiPhone, iPad, iPodiPhone, iPad, iPod
Requires iOS13.0 — better15.6
Further details — not scored
Size61 MB4 MB
Age rating4+4+
DeveloperCronomi LLCJuan Marroquin

In-app purchases

None

Expense Tracker

No in-app purchases

2 purchases

BalanceWise

Subscriptions2
  • BalanceWise Pro$4.991 Month
  • BalanceWise Pro Annual$47.991 Year

Questions

Is Expense Tracker free?
Expense Tracker is free to download, with no in-app purchases.
Is BalanceWise free?
BalanceWise is free to download, with in-app purchases available.
Do Expense Tracker or BalanceWise have ads?
Neither Expense Tracker nor BalanceWise shows ads.
Which is updated more often, Expense Tracker or BalanceWise?
Expense Tracker ships an update every 2 days, and BalanceWise weekly. Most recently, Expense Tracker was updated on September 23, 2026 and BalanceWise on October 12, 2026.

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