Comparison

owed vs Payback Balance Tracker

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

Head to head
About

owed

Easily track money lent and borrowed among friends and family. Manage multiple debts per person, add contacts directly, and set reminders. Send email or SMS notifications to ensure you get paid back.

Highlights
  • Track multiple debts per person
  • Use contacts to add people
  • Set notifications
  • Send email/SMS reminders
  • Update contact information
  • View transaction history
Features
Read full description

Version 2 is here! What is new in this version? In a nutshell, everything! Do you borrow money? Do you lend money to your friends? Maybe your family is on your mobile family plan ( you know that mobile plan that no one actually knows what they owe the plan owner each month). If one or all of these fits you, then you're going to love owed! Here is just a sample of some key features: • FREE to use and no sign-up requirement. Seriously who doesn't like free? This also means you should limit your list of demands on what the app needs to do. Remember, it's FREE. • Keep track of multiple entries for each person. If you're like me, you have that one friend (Carl) that is constantly borrowing something. Now you can keep tabs on Carl and what he owes you. • Use your contacts to create new people. Now it's super easy to add Carl's information to the owed app. (Thanks Apple Contacts) • Set Notifications. I promise this time they work! • Send email or SMS reminders. Email not your thing? No worries. Send that person a text message directly from the owed app! • 3D touch enabled Maybe you have it, maybe you don't. But if you do, good for you, as owed is now using 3D touch! • Update person's information. You know, like if Carl tries to change his legal name to Chuck. Well bad news, Chuck. Owed makes it really easy to update a contact's name. • View the history of your statements. If Chuck tries to argue that he didn't borrow more money on top of what he already owes you for lunch, now you can show him the exact day he borrowed money for that Happy Meal. If you like what you see, please rate the app! Thanks for checking out the app, we hope you enjoy it as much as we do!

About

Payback Balance Tracker

Easily track debts and balances among friends without needing to exchange money. This app helps everyone know who owes whom, simplifying shared expenses and reimbursements.

Highlights
  • Track balances between friends
  • Log what you owe others
  • Log what others owe you
  • Simplifies shared expenses
  • No real money exchange needed
Features
Read full description

Need to pay your friend back for dinner, but short on cash? Log what you owe them without exchanging real money. Payback tracks balances between friends, so everybody knows what they owe other people, and what other people owe them.

Screenshots

owed4 screens
Payback Balance Tracker3 screens

Verdict

The call

The clearest difference is rating: owed at 4.6 against Payback Balance Tracker's 3.7. owed also leads on review sentiment (69% vs 50%) and ratings volume (52 vs 10). Payback Balance Tracker's advantage is update cadence (every 9 days vs every 3 months). On price, ads, in-app purchases and monetization model 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. Neither carries in-app purchases, so what you see is what you pay.

ReceptionRating · Positive reviews · Number of ratings

owed holds the better App Store score, 4.6 against 3.7. That said, the two scores are not equally well evidenced: owed has 52 ratings behind it against 10, so its average is the more settled of the two. Written reviews point the same way: 69% of owed's written reviews are positive against 50% of Payback Balance Tracker's.

UpkeepUpdate frequency

owed ships an update every 3 months, Payback Balance Tracker every 9 days. The most recent releases landed on October 17, 2026 and October 3, 2026 respectively.

Scorecard4 real differences · 6 level
owed versus Payback Balance Tracker: the parameters behind the verdict, then further details
ParameterowedPayback Balance Tracker
PriceFreeFree
Rating4.6 (52 ratings) — better3.7 (10 ratings)
Positive reviews68.9% of reviews — better50.0% of reviews
Number of ratings52 — better10
Update frequencyEvery 3 monthsEvery 9 days — better
AdsNoNo
In-app purchasesNoNo
MonetizationFreeFree
DevicesiPhone, iPodiPhone, iPad, iPod — better
Requires iOS12.412.0 — better
Further details — not scored
Size2 MB43 MB
Age rating4+4+
DeveloperJosh GdovinMatthew Brennan

Customer experience

owed

All ratings52 ratings
Positive88.5%
Neutral5.8%
Negative5.8%
Written reviews45 reviews
Positive68.9%
Neutral8.9%
Negative22.2%

Payback Balance Tracker

All ratings9 ratings
Positive66.7%
Neutral0.0%
Negative33.3%
Written reviews6 reviews
Positive50.0%
Neutral0.0%
Negative50.0%

In-app purchases

None

owed

No in-app purchases

None

Payback Balance Tracker

No in-app purchases

Questions

Is owed free?
owed is free to download, with no in-app purchases.
Is Payback Balance Tracker free?
Payback Balance Tracker is free to download, with no in-app purchases.
Which has better reviews, owed or Payback Balance Tracker?
owed is rated higher. owed averages 4.6 out of 5 from 52 ratings, while Payback Balance Tracker averages 3.7 from 10 ratings.
Do owed or Payback Balance Tracker have ads?
Neither owed nor Payback Balance Tracker shows ads.
Which is updated more often, owed or Payback Balance Tracker?
owed ships an update every 3 months, and Payback Balance Tracker every 9 days. Most recently, owed was updated on October 17, 2026 and Payback Balance Tracker on October 3, 2026.

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