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, Tremendous
seems to be more popular. It has been mentioned
4 times
since March 2021.
social mentions
4 vs 0
Rewards popularity
100% vs 0%
alternatives listed
67 vs 240+
Base details
Website, pricing, platforms and company facts side by side.
Ease of Use Tremendous offers a user-friendly interface that allows businesses to quickly set up and distribute rewards without complicated processes.
Versatile Rewards The platform supports a wide array of reward options, including gift cards, prepaid cards, and charitable donations, catering to diverse recipient preferences.
Global Reach Tremendous provides reward solutions that are accessible in multiple countries, making it suitable for businesses with an international audience.
Automation Features It offers automation tools to streamline the reward distribution process, enhancing efficiency for large scale or ongoing incentive programs.
Custom Branding Businesses can customize the appearance of their rewards to align with their brand, helping maintain brand consistency and recognition.
Possible disadvantages
Cost Depending on the scale and options chosen, the service might involve fees that could be a concern for smaller businesses or those with tight budgets.
Card Acceptance Recipients may encounter issues if certain stores or vendors do not accept the specific types of prepaid cards offered through Tremendous.
Limited Personalization While branding is customizable, the personal messaging and further personalization options might be somewhat limited compared to direct communication.
Dependency on Third-Party Vendors The availability and usability of some reward options rely on third-party vendors, which can sometimes lead to inconsistencies in delivery or acceptance.
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.
TremendousSplitwise
No analysis of Tremendous yet.
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.
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....
Recommendations tracked on public social media and blogs since March 2021.
Tremendous4 mentionsSplitwise0 mentions
What do you wish Zapier changed in it’s pricing?
It's Tremendous. It's sort of but not exactly a SaaS, because we don't have a subscription model, and so it's awkward in our sales flow to say that actually you need to subscribe to something. Anyway we do have some direct integrations...
Source:
over 3 years ago
Research Interview Request - Jaguar I-PACE Drivers
Format: Online Video Interview (Zoom/Teams etc.)When: July 2022Preparation required: NoneReward for taking part: £150 (via our gifting partner, Tremendous.com).
Source:
over 4 years ago
Anyone used tremendous.com pre paid cards?
I have a $45.00 pre paid Mastercard from tremendous.com. Its a virtual card. Does anyone know if I can enter it into Samsung pay and use it that way?
Source:
over 4 years ago
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