Spend Split vs Splitwise
Which One Fits You?
Group bill-splitting vs complete personal finance with lending built in
Splitwise is great at one specific thing: splitting group expenses and keeping shared balances. But it isn’t a personal finance app — there are no budgets, no spending insights, and the free tier limits how many expenses you can add per day. Spend Split comes at it from the other direction: your complete finances, with lending and borrowing built in.
| Feature | Spend Split | Splitwise |
|---|---|---|
| Monthly price | $3.99/mo | Pro from about $5/mo |
| Free plan | Yes — 20 transactions/month | Yes — with daily entry limits |
| Personal expense tracking | Full, with categories & insights | Not the focus |
| Budgets | Category budgets with alerts | Not available |
| Lending tracker | Private, with due dates & partial payments | Shared balances (friends see them) |
| Friends need the app? | No — track privately | Works best when everyone joins |
| Group bill splitting | Not included | Best-in-class |
Pricing and features as of June 2026 — check Splitwise's site for their latest details.
Where Splitwise shines
- •Best-in-class group expense splitting for trips and households
- •Everyone in the group sees shared balances
- •Simplifies debts across a whole group automatically
Where Spend Split shines
- A complete personal finance app — expenses, budgets, and insights included
- Track IOUs privately — your friends don’t need to install anything
- Due dates and partial repayments on every lending record
- Cheaper Premium at $3.99/mo
- 150+ currencies with full expense tracking behind them
The verdict
They solve different problems. If you need to split a trip with six friends, Splitwise is built for that. If you want to manage your own money — spending, budgets, and the money you’ve personally lent out — Spend Split does all of it in one app, privately, for less.
Common questions
Is Splitwise free?
Splitwise has a free tier with daily limits on how many expenses you can add, plus ads. Splitwise Pro removes the limits for roughly $5/month (pricing as of June 2026). Spend Split’s free plan includes 20 transactions a month, and Premium is $3.99/month.
Which is better for tracking money lent to a friend?
Splitwise tracks shared balances, which works best when both people use the app. Spend Split tracks lending privately on your side — with due dates, partial repayments, and history — so it works even if your friend never installs anything.
Can I use Spend Split and Splitwise together?
Absolutely. Plenty of people use Splitwise for group trips and Spend Split for their personal finances and one-on-one IOUs. They complement each other well.
Try Spend Split free for 1 month
All Premium features included. No credit card required.
Download on the App StoreMore comparisons: Spend Split vs YNAB · Spend Split vs Monarch · Spend Split vs PocketGuard · Spend Split vs Mint · Lending Tracker