Bill sharing apps let you and your friends track, share, and pay shared expenses in one place. They let you upload expenses, share items between multiple users, and see who owes money to whom.
This makes them a great financial tool for everyone., from shared dinners, family vacations and coexistence.
The best bill splitting apps offer advanced features, such as uploading receipts or splitting bills between multiple people, such as when a couple at the table wants to pay together or when they agree to split the bill 25/75 instead of 50/50. Once all the bills have been uploaded, You will have the option to pay for them from the application or pay them directly in the application.
You can also read: 6 Best Software for Sales and Inventory
8 Best Apps for Splitting Bills
Splitting up bills and expenses used to be a time-consuming process. You had to figure out who owed how much and then painstakingly collect money from each person. And with fewer and fewer people carrying cash, bookkeeping became even more complicated.
This was the case before the advent of invoice splitting. Invoice splitting applications allow you to split the cost of meals and group travel so that everyone can pay their share.
The best invoice sharing apps are also linked to a credit or debit card or other peer-to-peer payment platform, so Everyone can pay their share of expenses instantly, down to the last penny. Invoice-sharing apps can help keep the peace between friends by avoiding arguments over who owes what to whom.
1. Best for roommates: Splitwise
Splitwise strikes the right balance between functionality and ease of use and is versatile enough to be used in almost any situation, whether sharing bills with a roommate, eating out in a large group, or traveling with friends.
You can configure cost sharing and let the app do all the math for you, and the Pro version comes with useful features, making it the best overall solution. The free version's ease of use, versatility, and long list of features make it the best account sharing app.
Since its launch in 2011, The popular app has signed up several million users and has helped them spend around $90.000 billion. User feedback on the app is overwhelmingly positive and the support team is quick to respond to any questions.
Other characteristics
Once you download the app, you can create groups of people to share expenses with, add your individual expenses to the group, and then divide each item equally between multiple users using exact amounts, quotas, or percentages.
When the time comes to settle accounts with the group, You can do it directly in the application thanks to PayPal and Venmo integration. If you're willing to pay for the Pro version, which costs $2,99 per month or $29,99 per year, you'll have the ability to scan itemized invoices and receipts.
Most users will be happy with the free version, but those who tend to split their expenses and want to take money management more seriously may want to upgrade.
Advantages
- Divide expenses equally by interest or amount.
- Create multiple groups and add an unlimited number of users
- Venmo and PayPal integration
Disadvantages
- Ads in the free version
- There is no option to download a receipt in the free version
- There is no detailed breakdown of costs.
2. Best for roommates: Splittr
Splittr is a simple and straightforward application that facilitates the distribution of invoices and other life expenses. While sharing costs a fair amount, the free version offers enough features without overwhelming users with unnecessary features.
However, if you need additional features, such as advanced sharing or currency conversion, You can temporarily unlock them by browsing the ads.
Splittr is the best app for sharing roommate accounts because you can get started without signing up (you don't have to gather all your roommates and put them through a long registration process).
You can also add an unlimited number of group members and questions. The app's interface is so simple that anyone can use it, although functionality is limited unless updated.
Other characteristics
If you just want to split your bills and household purchases equally, the free version is the best bill splitting app. You can add an unlimited number of members to each group, and when you add expenses, the app automatically divides them equally and updates the outstanding balance for all of them.
If you and your roommates like to take turns paying the household bills, you can click on the Members of Your Group tab to see who owes the least and pay the next bill.
In the free version, you can only split the expenses equally. However, The premium version is very affordable: you can buy it for just $0,99 per month, $3,49 per year, or $10,99 for lifetime access.
And if you want access to premium features like advanced splitting (dividing your spending by interest or dollars) or currency conversion, you have to watch a one-time ad to unlock them, so you may not need to upgrade.
You can't send money through the app
You can't send money directly through the app, and Venmo isn't an option. Instead, You can click on the members' bank details to transfer or find your address on PayPal.
From there, you can send payments from the app and then mark them as completed. If you share the app with your roommates, It's easy to pay with cash or Venmo outside the application.
Advantages
- Add unlimited membership and group rates.
- Temporarily unlock premium features by browsing ads
- No registration required
Disadvantages
- Unable to download receipts
- There is no payment integration in the app
- Extended sharing available only in the Premium version
3. Best for splitting restaurant bills: Tab
Tab is specifically designed to help you split a restaurant bill without the waiter (or someone in the group who is good at math) having to do all the work. It is one of the few free apps for share invoices that also allows you to upload receipts.
This way, you can easily share your dinner by clicking on the items you've ordered and adding them to the bill. Tab is completely free, easy to use and has all the features you need to share restaurant bills between multiple people, making it the best app for sharing restaurant bills.
All you have to do is take a photo of the receipt with the items listed and the app will do most of the work for you. Once the receipt is uploaded, The application will automatically recognize the items individual and their prices.
Other characteristics
Existing photos cannot be uploaded. So if you already have an old photo of the receipt in your camera roll or a photo sent by a friend, you will need to enter it manually. Each member of your group can then see the uploaded receipt and press a button to request the products you have ordered.
If multiple people are sharing the same meal, such as an appetizer, you can split it between them. The tab is also integrated with Venmo, making it easy to bill directly through the app, even if there is no PayPal payment option.
Advantages
- Transmission of receipts with automatic price recognition.
- Easily divide items into equal parts
- Integrates with Venmo
Disadvantages
- Existing photos in the camera list cannot be loaded.
- Advanced division is difficult
- There is no PayPal payment option
4. Best for couples: Settle Up
Sharing finances with your partner often means more than just sharing rent, bills, and random household items. It also means planning ahead, which can be challenging.
Settle up has additional features and budget help, making it more suitable for complex, long-term situations, such as sharing finances with a partner.
This app combines robust functionality with useful extras like budgeting tools and free, advanced sharing, making it best suited for couples looking to take their finances to the next level.
If you and your partner share expenses with other people (on a group trip, for example), you will also You can create a group membership for both and assign it a default weight of two.
Other characteristics
Settle Up has everything you need: you can create groups, charge and distribute costs among an unlimited number of users, automatically updating each member's balance and minimizing transactions between them. In the free version you can split transactions equally, by amount or by share.
If you just want to share your expenses with a partner and have a deeper balance, we recommend you purchase the premium version. It only costs $0,99 per month or $10,99 per year.
Instead of charging all members a lifetime subscription, you can purchase Group Premium for a one-time fee of $19,99. This gives you premium features for a group, which is sufficient if you use the software to manage couples at home. With the upgrade you get receipts, expense categories, recurring transactions and color coding.
Advantages
- Automatic calculation of outstanding balances and reduction of transactions.
- Advanced division included in the free version
- Free trial period for the premium version and one-time purchase for groups
Disadvantages
- Receipts are only available in the premium version
- Users must register with an email address or a login account. Facebook o Google.
- There is no PayPal payment option
5. Best for Students: Cash App
Although Cash App is more of a simple payment app than a money exchange app, its ease of use and popularity among young people make it one of the best applications student banknote exchange.
You can send cash requests to your housemates when it's time to pay bills, then pay your balance or withdraw money with a free debit card.
The widespread use of Cash App among young people and the ability to send and receive payments quickly and no cost between you and your friends makes it the best banknote exchange app for students.
Although it doesn't have all the features of other apps, it is one of the easiest and fastest paid apps on the market. Simply send or request money instantly using “$cashtag” or a person’s QR code. Because of the app’s ease of use and popularity, chances are your friends and colleagues already have an account.
Other characteristics
The app also has some unique features, useful for students starting their financial journey. For example, You can schedule checks and other deposits directly into your Cash App account, and the money will appear in your account two days sooner.
You can also open a free Cash Card debit card and use your Cash App balance to pay online or in stores. This card entitles you to discounts at certain stores.
If you're ready to dive into the world of investing or cryptocurrencies, you can use the app to buy bitcoins in just a few clicks or invest in stocks for just $1.
Advantages
- Request and send money instantly
- Payments are free if you have an associated bank account or debit card.
- Receive your withdrawal two days in advance
- Create a free debit card
- Invest in stocks and pay with bitcoins
Disadvantages
- There is no separation of accounts
- Unable to track charges
- Unable to download receipts
- Members must download the app
6. Best for iOS: Plates by Splitwise
Splitting the bill has never been easier than with Splitwise dishes, designed specifically for restaurants. The app integrates with Splitwise and together they make up the best bill sharing app in the world. iOS.
The Plates by Splitwise app is only available for iOS, but Apple fans are in luck: it has cult status among users of iPhone, who praise its simplicity and convenience, making it the best invoice sharing app for iOS users.
Splitwise boards make sharing meals as easy as possible, and You can integrate it with Splitwise to share other expenses. The visual design of this app makes it incredibly easy to use. Just enter the number of guests and the app will give each one their own “dish.”
Other characteristics
You can drag and drop all the ordered items onto the plate of the person who ordered them. For dishes that need to be separated, such as appetizers, you can simply divide them into several plates.
The app also allows for “stacking plates” if two guests want to pay together. Finally, the app calculates the tip and tax prorated for each member of the group.
Interestingly, some users have reported that the app developers no longer provide regular updates for Plates by Splitwise. Despite this, The app is still working fine and has good reviews on the App Store.
Advantages
- The visual presentation is very easy to use
- Splitwise articles can be shared
- Taxes and tips are added proportionally
- Integrates with Splitwise
Disadvantages
- Maximum 10 people per bill
- There are no individual tips
- Irregular app updates
- There is no division or dollar amount.
7. Best for Android: Venmo
Venmo is one of the most common payment apps, making it easy to send and receive money to friends and family. Venmo also It is accepted by many businesses as a payment method, and you can send money for free using a linked bank account or debit card.
Users Android They love Venmo, one of the most popular payment apps in Google Play Store, for its ease, simplicity and wide distribution. Venmo, which now part of PayPal, has been on the paid app market since 2009 and has 60 million users.
The app became popular because it was one of the first paid apps to include a news feed similar to that of social networks. By default, payments are public, which may annoy some users, but You can always set payments to “friends only” and “private”.
Other characteristics
You can easily and instantly send or request money from someone using your Venmo tag or a unique QR code. You can send money for free from your Venmo balance, your linked bank account or your debit card.
If you want to send money from your credit card you will have to pay a 3% fee, but this is fairly standard. Transferring money from your Venmo account to your bank account is free if you are willing to wait one to three business days.
You also have the option to open a free debit card from Venmo if you want instant and easy access to your money. Being a Mastercard, it's accepted almost everywhere debit cards are accepted, and you can even earn cash back with it.
Advantages
- Send and receive money for free
- Free transfers to your bank account
- Accepted by some merchants as a means of payment
- Possibility to open a Venmo debit card for free
Disadvantages
- No account sharing
- Unable to download receipts
- Unable to track charges
- Payments are shown as public by default
8. Best for Bill Uploads: Snap & Split Bill
The Snap & Split Bill app is used to take photos of receipts and share them among different groups of people. It's a simple app with a premium version that's ideal if you just want to upload and split receipts without having to manually enter transactions.
This Android app can only do one thing, but it does it very well: You can take and upload photos of your receipts and automatically enter product descriptions and prices for you.
This makes it the best receipt sharing app when it comes to uploading receipts. You can easily assign each item to one person in a group or share it with multiple people.
When you have finished distributing the items, the application creates a new “receipt” for each person in the group, showing the total amount owed, the amount already paid, the outstanding amount, and a detailed list of items included in the amount.
Other characteristics
Unfortunately, payments cannot be made directly through the app, but payment amounts can be edited. If you want to share a shared invoice with other members of your group, you will have to pay for the premium version, which costs $8,99 per year or $19,99 for a lifetime subscription.
In addition to this feature, the premium version also offers saved history, the ability to download photos from the camera roll and excludes ads.
Advantages
- Downloadable receipts
- Automatic receipt reading
- Assigning items to multiple people
- Individual detailed receipts
Disadvantages
- You have to pay a premium to share a receipt
- There is no integration of symbolic payments
- There are no gallery photos in the free version
- Ads in the free version
Conclusion
Most bill splitting apps only do one or two things really well, but Splitwise does it all, especially if you're willing to pay for the Pro version.
No other invoice splitting app has as much functionality, versatility, and ability to handle complex and ongoing invoice splitting situations as Splitwise, which is why it tops the list.
Although Splitwise Pro version is more expensive Unlike other premium account splitter apps, Splitwise's free version is functional enough for most users.
For example, Splitwise offers more advanced bill splitting options in its free version than any other app. It's also the only app on the list that integrates with both Venmo and PayPal, which makes billing easy directly through the app.
You can also read: 8 Best Programs For A Company
My name is Javier Chirinos and I am passionate about technology. Ever since I can remember, I have been interested in computers and video games, and that passion has turned into a job.
I have been publishing about technology and gadgets on the Internet for over 15 years, especially in mundobytes.com
I am also an expert in online marketing and communication and have knowledge in WordPress development.