Splitwise review

Splitwise solves a different part of the problem: keeping track before anyone pays. You log shared costs as they happen, and the app keeps a running balance of who owes whom across a house or a trip, so a group can settle up once instead of after every purchase. Splitwise Pay now lets US users settle those balances inside the app from a linked checking account, and Splitwise says it charges no transaction fees for standard electronic transfers and no monthly fee. If a friend has not joined, they get an invite, and an unaccepted payment is canceled and refunded after two weeks. Splitwise Pro adds receipt scanning with itemization, currency conversion, charts, search, default splits such as 55%/45%, and card transaction import in the US. Splitwise Pay is still rolling out, so not everyone has it yet, and Splitwise does not show the Pro price on its Pro page.

Who it is for

Housemates and travel groups who share many expenses and want to settle up once.

Price

Splitwise Pay has no fee for standard transfers and no monthly fee; Splitwise Pro is a paid upgrade.

Splitwise Pay does not charge transaction fees for standard electronic funds transfers and there is no monthly fee or cost to sign up.
Quoted from the vendor pricing page on November 10, 2026.

Key features

• Shared balances that show who owes whom across a group
• Splitwise Pay to settle balances from a linked US checking account
• Pro receipt scanning with itemization to assign items to friends
• Pro currency conversion using current exchange rates
• Pro default split settings, such as 55%/45% for a couple

Strengths and weaknesses

• Strength: Built for tracking many shared costs, not only single payments
• Strength: Splitwise Pay has no fees for standard transfers
• Strength: Pro itemizes receipts for restaurant and grocery bills
• Weakness: Splitwise Pay is US only and still rolling out to users
• Weakness: The most useful extras, like receipt scanning, need Pro
• Weakness: Splitwise does not publish the Pro price on its Pro page

Key facts

• Splitwise Pay fees: None for standard transfers
• Splitwise Pay eligibility: US residents 18 and older
• Bank partner: Coastal Community Bank
• Pro extras: Receipt scanning, itemization, currency conversion, charts
• Transaction import: Pro, US only

Where it ranks

Splitwise is No. 6 in our Best Payment Apps verdict.