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!
Lyft is a mobile app that lets you get rides from pace to place for a fee. If you want to be a Lyft driver, you can go to their website and easily sign up to start driving for them. Read more about Lyft.
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Which is more popular?
Based on our record, Lyft
seems to be more popular. It has been mentioned
3 times
since March 2021.
social mentions
0 vs 3
Personal Finance popularity
100% vs 0%
alternatives listed
240+ vs 93
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.
Convenience Lyft provides an easy-to-use mobile application that allows users to book rides anytime, ensuring reliable transportation at the touch of a button.
Cost-effective Lyft often offers competitive pricing compared to traditional taxi services, and users can choose from different ride options to match their budget.
Safety Features Lyft includes several safety features such as driver background checks, real-time ride tracking, and an emergency assistance button.
Environmentally Friendly Options Lyft offers eco-friendly options like shared rides or electric vehicles, contributing to a reduction in carbon footprint.
Flexible Payment Options Users can pay for their rides via various payment methods, including credit cards, PayPal, and even commuter benefits.
Possible disadvantages
Price Surge During peak times, special events, or inclement weather, Lyft often implements surge pricing, which can significantly increase the cost of the ride.
Driver Availability In less populated areas or during off-peak hours, the availability of Lyft drivers may be limited, leading to longer wait times.
Variable Service Quality The experience can vary significantly depending on the driver, ranging from excellent to poor service.
Dependency on Internet Using Lyft requires an internet connection, which can be a problem in areas with poor connectivity.
Privacy Concerns As with any ride-sharing service, there are concerns about data privacy, including location tracking and personal information security.
Analysis
An editorial look at what each product does well and who it suits.
SplitwiseLyft
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.
Overall verdict
Overall, Lyft is a solid choice for those looking for a convenient, safe, and eco-friendly ridesharing option. While experiences can vary based on location and individual drivers, many users have positive experiences with its service.
Why this product is good
Lyft is considered good by many because it offers convenient and reliable ridesharing services. It is known for its user-friendly app, competitive pricing, and commitment to safety with features like real-time tracking and driver background checks. Additionally, Lyft has various options for different budgets and preferences, from standard rides to lux services. The company also has initiatives to reduce its carbon footprint, which appeals to eco-conscious consumers.
Recommended for
Individuals who need a convenient and reliable ridesharing service.
Environmentally conscious consumers looking for greener transportation options.
Budget-conscious users who appreciate the range of service levels from basic to luxury.
People who value app features such as real-time tracking and safety measures.
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....
Can ride-pooling service Via catch up to Uber and Lyft by being the friendly alternative?This month Via hit 50 million rides, versus Uber’s 10 billion and Lyft’s 500 million–but with much less of the vitriol, and...
Brett Helling is the owner of Ridester.com. He has been a rideshare driver since early 2012, having completed hundreds of trips for companies including Uber, Lyft, and Postmates. In 2014 he acquired Ridester.com to...
Price: $2.50 baseline charge, then 35 cents a minute or $1.79 per miles. There's an $8 minimum for rides (like Uber), and occasional surge time "plus pricing" that costs $5.50 at the base, 50 cents per minute, and...
Social recommendations and mentions
Recommendations tracked on public social media and blogs since March 2021.
Splitwise0 mentionsLyft3 mentions
Tracking Splitwise since Mar 2021.
Can't add specific dollar tips?
That's because the frigin app tries to open it in the app, you have to open it in browser. On the phone you have to switch off default app for "lyft.com" site.
Source:
over 3 years ago
Mears Express better than Standard - MCO to Kidani?
So I check on the Lyft app (recommended by Disney for their Minnie Busses too (not Uber)) and the app said it would be about $32-$38 each way. So I am gonna go with Lyft when we get to MCO so I do not have to worry about waiting for a...
Source:
about 4 years ago
Nice cut :)
You do! Go onto lyft.com and pull up driving history for any given week. Then select "Download Weekly Summary". You'll get the above breakdown. (I just learned this myself by playing around with the reports).
Source:
over 5 years ago
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