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!
EU VAT and OSS preparation for creators and small SaaS. Brings your sales from each platform into one view, applies the right VAT rate per country, and prepares quarterly OSS figures for you or your accountant to review and file.
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Which is more popular?
Based on our record, Postmates
seems to be more popular. It has been mentioned
3 times
since March 2021.
social mentions
3 vs 0
Food And Beverage popularity
100% vs 0%
alternatives listed
180 vs 240+
Base details
Website, pricing, platforms and company facts side by side.
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
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
An editorial look at what each product does well and who it suits.
PostmatesSplitwise
Overall verdict
Postmates can be considered good if you value convenience and a diverse selection of delivery options. The app is user-friendly, and the service is available in many urban areas. However, service quality may vary by location, and delivery fees can be higher compared to picking up food yourself. Overall, it remains a popular choice for many users, but experiences may differ.
Why this product is good
Postmates is an on-demand delivery service that allows users to order food, groceries, and other goods from local restaurants and stores. It provides convenience by delivering directly to your location, often with a wide range of options to choose from. The service can be ideal for those who have busy schedules, lack access to transportation, or simply want the ease of home delivery.
Recommended for
People who want food and goods delivered to their doorsteps quickly.
Individuals living in urban areas with numerous participating restaurants and stores.
Busy professionals or students who have limited time for shopping or dining out.
Anyone looking for a wide range of food and retail options available for delivery.
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.
Postmates provides the best customer service. It is especially good for group orders. Postmates provides restaurant recommendations for parties and groups.
Postmates: In addition to delivery and pick up from fast food, chain and independent restaurants, Postmates has some unique offerings like delivery from your local 7-Eleven. Get your junk food fix with a Slurpee and a...
Silicon Valley has built innumerable ways to get prepared food delivered to your door. DoorDash, Grubhub, UberEats, Caviar, Amazon Restaurants, Postmates and others have scores of paid couriers who whisk hot meals...
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...
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...
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....
You can download the app and use Instacart or Postmates or check the website for each store, as they often have their own delivery options as well (Target is partnered with Shipt and I think Vons...
Source:
about 5 years ago
[Postmates] YYMV Postmates: $30 Off With Promo Code SAVINGS for California (Los Angeles, Palm Springs, Orange County, Inland Empire, Ventura) - $30 [Deal Price: $30.00]
Deal link: Postmates (additional 15% off coupon on app).
Source:
over 5 years ago
Tracking Splitwise since Mar 2021.
Alternatives to Postmates and Splitwise
When comparing Postmates and Splitwise, you can also consider the following products.
Through the combination of a smartly designed mobile app and a fleet of experienced drivers, DoorDash can deliver food from a wealth of local restaurants directly to your door.
DoorDash
GrubHub
Uber Eats
Caviar
Delivery.com
Zomato
Foodpanda
Tricount
Settle Up
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Spliit
YNAB
ihatemoney
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