Best Apps for Splitting Bills

Best Apps for Splitting Bills

There will never be a problem again with figuring out who owes what.

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In the past, it was difficult to divide the cost of bills and expenses. You had to figure out who owed what, then go through the tiresome process of obtaining payment from each individual. Additionally, because fewer individuals carry cash these days, paying becomes more challenging. That is, up to the advent of bill-splitting applications.

Apps for bill splitting make it possible to split the expense of events like group dinners and trips so that everyone can contribute fairly. To make it much simpler for everyone to pay their fair portion of the bill right away, down to the last penny, the finest bill-splitting apps also connect to a credit or debit card or another peer-to-peer payment network. By reducing arguments over who owes whom what, bill-splitting applications will help you maintain harmony among pals.

Best Bill-Splitting Apps of 2022

  • Best Overall: Splitwise
  • Runner-Up, Best Overall: SettleUp
  • Best for Group Dinners: Plates by Splitwise
  • Runner-Up, Best for Group Dinners: Tab
  • Best for Group Trips: Splid
  • Most Versatile: Cash App

BEST OVERALL

Splitwise

  • COST: Free (with optional paid upgrade)
  • PLATFORMS: Android, iOS, web

Why We Chose It

A fully functional smartphone software called Splitwise makes it simple to split expenses and keep track of borrowing and lending over time. Our top pick among bill-splitting apps is due to its useful functions and user-friendly UI.

Pros

  • allows you to make special groups to divide expenses
  • the choice to export costs to a CSV file

Cons

  • The variety of functions could be too much for new users.

Overview

Splitwise, which is available for free on the web, iPhone, and Android, is the most flexible bill-splitting tool on our list and works in the majority of circumstances where it’s necessary to divide expenses among several people. You can divide up the debt across groups you form with different friends. Everyone in the group can see the total they owe and all of your pooled spending and IOUs are arranged in one location.

The software keeps track of loans throughout time. Each person’s outstanding balance may fluctuate until the sum is paid in full. Splitwise notifies you through email when your debt is due, and its main page includes a total of what you owe. Payments can be made immediately from the app using PayPal or Venmo, or if the debtor pays you in cash, you can record a cash payment to pay off the remaining sum.

RUNNER-UP, BEST OVERALL

SettleUp

  • COST: Free (with optional paid upgrade)
  • PLATFORMS: Android, iOS, web, Windows

Why We Chose It

Settle Up is helpful while traveling abroad and splitting expenses in a different currency because it allows both straightforward and complex payment scenarios.

Pros

  • Works offline
  • Offers real-time exchange rates

Cons

  • The free version has ads
  • Can only upload pics of receipts with the paid version

Overview

Settle Up can manage a range of payment situations, including: It can divide payments equally based on quantities when one person pays or when numerous people pay, or it can let you choose different amounts for each person to pay. You can share a link to send expenditures using the share function. All members of the group can view the expenses because they are synchronised and backed up for everyone.

Settle Up offers all currencies and current exchange rates if you’re traveling abroad. If you use the app frequently, the program’s periodic display of adverts may become grating. The app’s premium version eliminates advertisements, enables receipt addition, and offers color-coded group customization.

BEST FOR GROUP DINNERS

Plates by Splitwise

  • COST: Free
  • PLATFORMS: iPhone

Why We Chose It

Plates by Splitwise makes it simple to divide the expense of even the most difficult group dinners with the opportunity to add up to 10 guests.

Pros

  • Features like drag and drop make it simple to calculate totals.
  • Option to divide equally or individually

Cons

  • Only available for iPhone

Overview

Group diners fall into two categories: those who don’t mind splitting the check equally and those who prefer to precisely split the check based on how much each person owes. You may manage both using Plates by Splitwise. Everyone in the group receives a “plate” from the iPhone-only app. Then, as you continue to add food, you can either divide it among everyone in the group or put it on a specific person’s plate.

For instance, shared things like appetizers would be divided amongst everyone in the party or just a select few. The fact that you may add up to 10 people to each group means that the app can easily accommodate huge gatherings. Once the meal has been distributed among all the plates, you can include tax and tip. The program is entirely free and was created by the same firm as Splitwise. The app’s absence for Android users is the only drawback.

RUNNER-UP, BEST FOR GROUP DINNERSTab

  • COST: Free
  • PLATFORMS: Android, iOS

Why We Chose It

Tab makes sharing group dinners easy with its seamless Venmo integration and convenient photograph upload feature.

Pros

  • Possibility of uploading a photo of the receipt for simple bill splitting
  • splits can be tailored for particular occasions like birthdays

Cons

  • No web app is available

Overview

We’ve all gone to group dinners where the server only only brings out one check or the establishment has a rule against splitting checks for big parties. The hassle of calculating what each person owes is eliminated with Tab. Without requiring the server to go back and separate the tickets, each member of the party can pay for the products they requested.

The software will automatically read the items from a receipt when you take a picture of the order receipt. You can avoid entering the quantities for each item with the help of this clever function.

From their phones, each member of the group can join the same bill and tap the things they ordered to claim them. Each member of the group receives a percentage of the tax and tip. Next, a sum for each person’s items is given item by item. If friends settle up using a different payment method, you can record a cash payment instead of using Venmo, which is integrated into the program. Even dividing up the cost of a birthday supper in equal portions may be done with the app.

BEST FOR GROUP TRIPS

Splid

  • COST: Free
  • PLATFORMS: Android, iOS

Why We Chose It

Despite not being designed expressly for splitting travel expenditures, Splid’s user-friendly app is useful for doing so everywhere you go.

Pros

  • more than 150 currencies are supported
  • pleasant user interface

Cons

  • No web-based app

Overview

It might be challenging to divide up the cost of group travel. With Splid, you can total up all travel costs and then divide them among all travelers. The tool may be used to divide up non-travel expenses as well. For example, if two people paid for the groceries in advance but five people need to contribute to the bill, multiple payees might be added to each expense. You have the option of paying your bills in one of more than 150 different currencies.

You can obtain a PDF or Excel file with a thorough breakdown of all the expenses if you need an offline record of the expenses. One group can use the software for free.

MOST VERSATILECash App

  • COST: Free
  • PLATFORMS: Android, iOS

Why We Chose It

Cash App is one of the most adaptable apps on our list since in addition to allowing users to send and receive payments, it can also be used for banking and investing.

Pros

  • There’s a debit card accessible.
  • has a means of investing

Cons

  • fees for credit card purchases are 3 percent.

Overview

Although Cash App doesn’t currently include built-in bill-splitting payment features, as a peer-to-peer payment platform it can be helpful for splitting payments. When you’ve decided how a payment should be divided, you may use the app to send a payment request to each member of the group. Upon your request, they can access their Cash App and send money. After that, you can either “cash-out” and receive a transfer into your bank account, or you can use your cash card (a fictitious debit card) to make purchases just like you would with a real debit card.

Both the app and debit card money transfers are free. Fees for credit card payments range from 3 percent to 0.5 percent to 1.75 percent ($0.25 minimum) for quick transfers to your bank account. Regular transfers to your bank are, however, costless.

Frequently Asked Questions

What Are the Uses of a Bill-Splitting App?

An app for splitting bills on the go is a bill-splitting app, which you may download on your tablet or smartphone. It splits the total cost of the bill being split and allots a precise cost to each member. Some bill-splitting applications allow you to instantly split and pay bills by connecting to your bank, other payment applications, and peer payment systems. When you go out with a group of friends, you don’t have to worry about underpaying or overpaying because the bill-splitting software helps you equally divide the costs.

What Situations Might You Use a Bill-Splitting App?

Since few individuals carry as much cash as they once did, splitting a payment with a bill-splitting software is frequently the most practical and straightforward option. When you go out to eat with friends, buy a gift that several people contribute to, or organize a group trip, you might utilize a bill-splitting app.

What Is the Price of a Bill-Splitting App?

The majority of bill-splitting apps are no cost. Some bill-splitting applications, however, provide both free and paid versions, and not all of them are accessible to Android users. Ads are often absent from the pricier versions, which also include additional features like receipt photographs. Paid versions typically have low prices, starting at $1.99. Other apps might impose fees for using a bank account or up to 3% for using a credit card.

How We Selected the Best Apps for Bill Splitting

In order to compile our list of the top bill-splitting apps, we carefully considered a range of choices, taking into account things like user feedback, app availability, features, and integration opportunities with other payment applications. All of the apps we chose provide outstanding user experiences and features that appeal to customers trying to make bill-splitting easier generally or in particular categories.

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