Software Alternatives, Accelerators & Startups
Register | Login

Honey VS Splitwise

Compare Honey VS Splitwise and see what are their differences

itilite
Corporate Travel Management Platform. Cut corporate travel cost by 30% with 0 Monthly fee. featured
Note: These products don't have any matching categories. If you think this is a mistake, please edit the details of one of the products and suggest appropriate categories.
Contents:
  1. ยป Base Details
  2. ยป Videos
  3. ยป Reviews
  4. ยป Alternatives

Honey logo Honey

Honey is a browser extension that automatically finds and applies coupon codes at checkout with a single click.

Splitwise logo Splitwise

Splitwise is a free tool for friends and roommates to track bills and other shared expenses, so that everyone gets paid back. On the web, iPhone, and Android!
  • Honey Landing page
    Landing page //
    2022-07-03
  • Splitwise Landing page
    Landing page //
    2023-01-23

Honey features and specs

  • Automatic Coupon Searching
    Honey automatically searches for and applies the best coupon codes during the checkout process, saving users time and money.
  • Price Tracking
    Honey offers a price tracking tool called 'Droplist' that alerts users when the price of a saved item drops, helping them make purchases at the best price.
  • Browser Extension Availability
    Honey is available as an extension for multiple browsers including Chrome, Firefox, Safari, and Edge, making it easily accessible to a wide range of users.
  • Cashback Offers
    Through Honey Gold, users can earn rewards and cashback on purchases made at participating stores, providing extra value beyond coupon savings.
  • Wide Range of Supported Stores
    Honey has partnerships with thousands of online retailers, increasing the likelihood of finding applicable coupons for various online purchases.

Possible disadvantages of Honey

  • Privacy Concerns
    As a data-driven company, Honey collects and tracks user purchase information, which raises privacy concerns for those cautious about their data.
  • Occasionally Irrelevant Coupons
    Sometimes the coupons found and recommended by Honey may be invalid or less relevant, causing a potential inconvenience to users.
  • Limited Mobile App Functionality
    Honey's mobile app has less functionality compared to the browser extension, limiting its usefulness for mobile shoppers.
  • Potential Slower Checkout Process
    The process of searching and applying multiple coupons can sometimes slow down the checkout experience.
  • Not Always the Best Deals
    While Honey strives to find the best deals, it doesn't always guarantee the lowest prices and some discounts found manually may surpass what Honey offers.

Splitwise features and specs

  • User-Friendly Interface
    Splitwise provides an intuitive and easy-to-navigate interface, making it straightforward for users to add expenses, keep track of debts, and settle up.
  • Multi-Platform Availability
    Available on the web, iOS, and Android, Splitwise ensures users can access and manage their expenses from almost any device.
  • Expense Tracking
    The app allows users to easily log and categorize expenses, which can be particularly useful for group trips, shared households, or any shared financial responsibility.
  • Flexible Split Options
    Users can split expenses equally, by percentages, shares, or custom amounts, providing flexibility in how costs are divided among group members.
  • Currency Conversion
    Splitwise supports multiple currencies, which is handy for international travel or groups with members from different countries.
  • Bill Reminders
    The app sends reminders for outstanding balances, helping users to stay on top of their payments and avoid forgotten debts.
  • Integration with Payment Platforms
    Splitwise can integrate with payment platforms like PayPal and Venmo for easy settlement of balances.

Possible disadvantages of Splitwise

  • Privacy Concerns
    Since Splitwise involves sharing financial information with others, there could be privacy concerns for those unwilling to share detailed expense data.
  • Subscription-Based Features
    Some advanced features, such as expense exporting and additional integrations, require a Splitwise Pro subscription.
  • Manual Entry Requirement
    Splitwise requires users to manually enter expenses, which could be time-consuming and prone to errors if not done diligently.
  • Limited Automatic Reconciliation
    While Splitwise helps track who owes whom, it does not automatically reconcile or pay off balances, leaving users responsible for manual payment.
  • Dependency on Group Honesty
    The accuracy of the expense records relies on the honesty and diligence of all group members, which may not always be reliable.
  • Potential for Confusion
    The various options for splitting bills (equally, by shares, etc.) can sometimes lead to confusion or disputes among users over what is fair.

Analysis of Honey

Overall verdict

  • Honey is generally considered a good tool for online shoppers who want to save money effortlessly. It is widely praised for its ease of use, broad compatibility with various online retailers, and ability to find discounts that users might miss otherwise. However, as with any tool, experiences may vary depending on the stores shopped at and the availability of discounts.

Why this product is good

  • Honey (joinhoney.com) is a browser extension that helps users find and apply coupon codes automatically during online shopping. It simplifies the process of searching for discounts, saving time and money for users by applying the best available coupons at checkout. In addition to coupon codes, Honey offers a rewards program called Honey Gold, allowing users to earn points which can be redeemed for gift cards.

Recommended for

    Honey is recommended for frequent online shoppers who want to maximize savings without spending extra time searching for coupon codes manually. It's particularly useful for individuals who shop at a wide variety of retailers and want a seamless way to apply discounts at checkout.

Analysis of Splitwise

Overall verdict

  • Splitwise is a highly effective tool for managing shared expenses, especially if frequent splitting of costs is involved. Its features make it easy to track who owes what, and its automatic calculations save time and reduce errors.

Why this product is good

  • Splitwise is popular because it simplifies sharing and tracking expenses among groups, making it ideal for roommates, friends on trips, or any group spendings.
  • It automatically calculates balances and reminds users about payments, reducing the awkwardness of asking others for money.
  • Offers a user-friendly interface both on web and mobile apps, which makes managing expenses convenient and accessible.
  • Supports multiple currencies, which is great for international travel groups.
  • Integration with payment platforms like PayPal and Venmo for easy settlement of debts.

Recommended for

  • Roommates who need to regularly split household bills and expenses.
  • Groups of friends or families who often travel together and need to manage shared travel costs.
  • Colleagues or classmates working on projects or events that require shared funding.
  • Anyone who wants to avoid the hassle of manually tracking and settling shared expenses.

Honey videos

+ Add

Honey Extension Review โ€” Is It Any Good?

More videos:

  • Review - Honey App - SCAM & Invasion of Privacy (Facebook, Google, PizzaHut SCAM)
  • Review - my PERSONAL experience using honey (coupon finder browser extension)

Splitwise videos

+ Add

Splitwise - iPhone App Review! [2020]

More videos:

  • Review - Tricount vs Splitwise - App comparison
  • Demo - Splitwise Demo

Category Popularity

0-100% (relative to Honey and Splitwise)

Honey

Splitwise

Online Shopping
100 100%
Online Shopping
0% 0
Personal Finance
0 0%
Personal Finance
100% 100
Coupons
100 100%
Coupons
0% 0
Expense Tracking
0 0%
Expense Tracking
100% 100

User comments

Share your experience with using Honey and Splitwise. For example, how are they different and which one is better?
Log in or Post with

Reviews

These are some of the external sources and on-site user reviews we've used to compare Honey and Splitwise

Honey Reviews

  1. Elle Bennett
    ยท Webmaster at UBuy India ยท
    I always get a great deal

    Honey are brilliant for their offers for takeaways mainly, I once also saved over ยฃ30 when purchasing protein in bulk on a single order.

25 Best Coupon Websites
The Honey app is a free app that does your coupon hunting for you. When you shop using the Honey browser extension, Honey will scour the net for you and find any available coupons for items youโ€™re shopping for.
Source: wellkeptwallet.com
16 Best Coupon Apps of 2022
Lifeโ€™s about to get a whole lot sweeter! Allow us to introduce you to Honey, one of the best coupon apps (in our opinion). Install the app on your Chrome browser, and Honey will search through the best coupons available for the website youโ€™re shopping on. Itโ€™ll even apply it to your cart at checkoutโ€”with no hassle for you. Yeah, itโ€™s amazing.
Source: www.ramseysolutions.com
Best Coupon Apps for Online Shopping
Honey is a great option for those who want to enjoy prompt savings. With its app and browser extension, Honey automatically looks for and applies coupon codes to your online shopping cart.
Source: www.netspend.com

Splitwise Reviews

12 Best Bill Splitting Apps in 2023
Splitwise is among the most commonly used group payment apps that can easily keep a systematic record of all your informal debts including restaurant bills, travel expenses, cost of accommodation, and much more. With this expense sharing app, users can either create groups or split the bill privately among friends. Splitwise also registers and saves all the expenses and...
Source: www.mobileappdaily.com
6 Best Bill Splitting Apps for Hassle-Free Expense Sharing
Splitwise employs an intelligent algorithm to calculate the exact amount owed by each user. It shows who paid for what, how much amount was paid by each member, and any outstanding balances. Furthermore, the application also keeps everyone updated about their balances and recent transactions.
Source: www.how2shout.com
Best Bill-Splitting Apps
For example, shared items like appetizers would be split among the entire group or just a few people in the group. The app can handily accommodate large parties by allowing you to add up to 10 people to each group. Once youโ€™ve divided up the food among all the plates you can add in tax and tip. The app is made by the same company as Splitwise and is completely free. The only...
Source: www.thebalancemoney.com
7 Best Budgeting Tools and Apps for Personal Finance
This oneโ€™s not a complete budgeting app but itโ€™s still a handy one. Splitwise is a nifty app that helps people track how much they owe to friends and colleagues and vice versa. It makes sharing expenses on outings, meals, events, etc easy to track by logging in each transaction. It basically keeps a total over time, so that you can pay back the money in a large payment,...
Source: www.softwaresuggest.com

Social recommendations and mentions

Based on our record, Honey seems to be more popular. It has been mentiond 14 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Honey mentions (14)

  • Making the most of constant Flight and Accommodation purchases?
    Everything else I use joinhoney.com just to collect cashback on purchases. Source: over 3 years ago
  • Vessi opens first brick and mortar store in Metrotown.
    Joinhoney.com is probably the most popular one. it's an extension (i think a phone app as well) and when you're shopping it will popup with a coupon code for the store if there is one available, either from the net or their own. Source: over 3 years ago
  • Discount Codes
    I used GIFT15 the other day but you should get honey just to make sure you're getting the best deal! Source: over 3 years ago
  • There is a mustard shortage in France and the only one left is, the American one.
    And similarly, Honey is a browser extension that automatically finds and applies coupon codes at checkout with a single click. Visit joinhoney.com and use promo code KOKIRI to start saving today. Source: about 4 years ago
  • [SSD] 1TB WD SN850 M.2 NVMe SSD - $82.98
    You have to download the Honey extension from joinhoney.com and make an account and link it to Paypal. When you go to the Gamestop product page for this drive it pops up on the top right and says activate deal. Then you just checkout like normal and when they confirm your purchase they give you honey gold which you can redeem for money through a Paypal transfer. I will say keep a screenshot of the deal activated... Source: about 4 years ago
View more

Splitwise mentions (0)

We have not tracked any mentions of Splitwise yet. Tracking of Splitwise recommendations started around Mar 2021.

What are some alternatives?

When comparing Honey and Splitwise, you can also consider the following products

RetailMenot - The RetailMeNot mobile app allows you to find deals on the go for both online shopping and in store shopping.

Tricount - Manage and share expenses with friends

Slickdeals.net - Slickdeals: The Best Deals, Coupons & Discounts on everything

Splid - Splid helps friends manage their money.

Dealspotr - Dealspotr is like Wikipedia for deals.

Settle Up - SETTLE UP is an indispensable app for friends and flatmates who need to keep track of shared bills...

Loading...