Software Alternatives, Accelerators & Startups

Splitwise VS RetailMenot

Compare Splitwise VS RetailMenot and see what are their differences

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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!

RetailMenot logo RetailMenot

The RetailMeNot mobile app allows you to find deals on the go for both online shopping and in store shopping.
  • Splitwise Landing page
    Landing page //
    2023-01-23
Not present

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.

RetailMenot features and specs

  • Wide Variety of Coupons
    RetailMeNot offers a broad selection of coupons, discounts, and promotional codes for a wide range of retailers, making it easier for users to find deals that suit their shopping needs.
  • User-Friendly Interface
    The website and mobile app have an intuitive design that makes it easy for users to search for, find, and apply coupons.
  • Verified Coupons
    RetailMeNot often verifies its coupons to ensure they are valid and current, thereby reducing the chances of users encountering expired or invalid codes.
  • Cash Back Offers
    The platform provides cash back options on certain purchases, allowing users to save even more money.
  • Mobile App Availability
    RetailMeNot offers a mobile app for both iOS and Android, making it convenient for users to access deals on the go.
  • User Community
    The website has a community of users who contribute by rating and reviewing coupons, giving new users additional insights into which coupons work best.

Possible disadvantages of RetailMenot

  • Expired or Invalid Coupons
    Despite efforts to verify them, users may still come across expired or invalid coupons, which can be frustrating.
  • Ad-Popups
    The site often includes pop-up advertisements, which can be intrusive and detract from the user experience.
  • Data Privacy
    RetailMeNot collects user data for various purposes, which might be a concern for users who are vigilant about online privacy.
  • Coupon Success Rate
    The success rate of coupons can vary, and not all advertised discounts will work for every user or retailer.
  • Limited International Retailers
    The majority of deals and coupons are geared towards U.S. retailers, making it less useful for international consumers.
  • Account Required for Some Features
    To access certain features like personalized deals or cash back offers, users need to create an account, which may not be convenient for everyone.

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.

Analysis of RetailMenot

Overall verdict

  • Overall, RetailMeNot is considered a good resource for shoppers looking to save money. It effectively provides access to a wealth of deals across multiple categories and retailers, which can significantly reduce spending. However, users should be mindful to check the validity of coupons, as some might have expired or have specific terms and conditions.

Why this product is good

  • RetailMeNot is a popular platform for finding a wide range of deals, coupons, and promotional codes from numerous retailers. It is well-regarded for its user-friendly interface and frequently updated offers, which help consumers save money on their purchases both online and in-store. RetailMeNot aggregates discounts from various sources, making it a convenient one-stop-shop for deal seekers.

Recommended for

  • Bargain hunters looking for discounts and deals across a wide range of categories.
  • Shoppers who frequently make online purchases and want to maximize savings with coupon codes.
  • Consumers who prefer using a single platform to access multiple retailer promotions.

Splitwise videos

Splitwise - iPhone App Review! [2020]

More videos:

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

RetailMenot videos

4 Ways to Save when Online Shopping! Ft. RetailMeNot | Allison's Journey

More videos:

  • Review - The BEST Cashback Sites | Ebates (Rakuten) vs. Mr. Rebates vs. RetailMeNot
  • Review - Want 50% OFF EVERYTHING? RetailMeNot !

Category Popularity

0-100% (relative to Splitwise and RetailMenot)
Personal Finance
100 100%
0% 0
Coupons
0 0%
100% 100
Expense Tracking
100 100%
0% 0
Online Shopping
0 0%
100% 100

User comments

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Reviews

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

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...
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.
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...
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,...

RetailMenot Reviews

  1. MaryRhoades
    RetailMeNot: Solid Savings Tool, Just Donโ€™t Expect Every Deal to Work

    Iโ€™ve been using RetailMeNot on and off for a while, and overall itโ€™s a helpful site if you like hunting for discounts before checking out online. Itโ€™s super easy to use, and I like that you can quickly search a store and see available promo codes or cashback offers without much effort.

    That said, itโ€™s a bit hit or miss. Some codes work perfectly and save you a decent amount, while others are expired or have restrictions that arenโ€™t obvious until checkout. When it works, itโ€™s great. When it doesnโ€™t, it can feel like a waste of time trying multiple codes.

    I also appreciate the cashback feature, but itโ€™s not always as competitive as other cashback apps, and it can take a while to track. Still, for a quick check before you buy something, itโ€™s worth using.

    ๐Ÿ‘ Pros:    Good variety of stores and brands|Mobile app is convenient
    ๐Ÿ‘Ž Cons:    Some promo codes donโ€™t work or are expired|Cashback rates can be lower than competitors
  2. Elle Bennett
    ยท Webmaster at UBuy Ireland ยท
    Great selection of deals

    RetailMeNot provides a wide range of deals throughout the year from Grocery to clothing. I've got some amazing offers through using this site over the past three years.


25 Best Coupon Websites
RetailMeNotโ€™s website has over 500,000 coupons for over 50,000 stores. You can search for coupons with them by going online from your computer. RetailMeNot can save you money in a variety of ways.
16 Best Coupon Apps of 2022
You should download this app for the fun name alone. Sherpa Perks is a lot like Ibotta and RetailMeNot, but thatโ€™s okayโ€”you can never have too many of the best coupon apps at your fingertips. They have coupon codes for almost anythingโ€”plus they work with stores too. Just show your coupon to the retailer and start saving!

Social recommendations and mentions

Based on our record, RetailMenot seems to be more popular. It has been mentiond 7 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.

Splitwise mentions (0)

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

RetailMenot mentions (7)

  • Does anyone know eCoupons for the Lenovo website? Trying to buy a legion 4070 but wanted to save a few bucks
    You could also try retailmenot.com and see if anybody has listed newer codes. Very spotty luck with that site tho. Hey, even if it saves $20, it's worth the time! Source: about 3 years ago
  • alternatives to Catherine's
    If you should decide to try Catherine's again, try doing a google search for Catherines Free Shipping or something like that. I often find a free shipping code on retailmenot.com Same with a lot of other stores. I've happened on coupons and ended up with unexpected discounts. There are a few coupon sites out there. Source: over 3 years ago
  • [Lenovo Store] Lenovo Legion 5 Pro 16" Laptop: Ryzen 7 5800H, RTX 3070 Max 140W, 16 GB RAM, 2 TB SSD, QHD+ 16" 165Hz IPS Display for $1,425 after 20% off + coupon codes LEGIONEXTRA10 & BTS2022
    You can also get 8% cash back from retailmenot.com. That would basically subsidize the cost of upgrading the ram to 32gb dual rank. Source: almost 4 years ago
  • Advice for best place to finance a new car?
    Protect yourself by first pulling your FICO score (go to MyFico and pull your own score, and you can get a coupon from retailmenot.com) and shop around. You can shop around for rates without a hard pull so you know how much car you can afford for the interest rate you would qualify for with that FICO. When you pull your own FICO this way, it doesn't count as a hard pull and puts more knowledge in your hands. Source: about 4 years ago
  • Winter legging suggestions (in Canada/online shopping)
    I'm in Canada, too. Lands' End has fast shipping to Canada, and I've bought a lot of quality basics from them. They have lined leggings here, though I haven't bought them myself: https://www.landsend.com/products/womens-high-rise-serious-sweats-fleece-lined-pocket-leggings/id_359400?attributes=3298,44967. Lands' End always has discount codes (sign up for emails or check retailmenot.com), so never pay full price. Source: over 4 years ago
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What are some alternatives?

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

Tricount - Manage and share expenses with friends

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

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...

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