Softwr

Personal Finance · head to head

PocketGuard vs Splitwise

PocketGuard logo

PocketGuard

Personal Finance

In Your Pocket personal finance

From
$6.25/month
Rated
-
Full reviewWebsite
Splitwise logo

Splitwise

Personal Finance

Split expenses easily with friends

From
Free
Rated
-
Full reviewWebsite

The short version

  • Only Splitwise has a free tier, so it costs nothing to try first.
  • Each has a real cost: PocketGuard no free plan, only 7-day free trial; Splitwise the free tier limits how many expenses can be added in a day and shows adverts
  • They diverge on capability: PocketGuard covers Real-time spending alerts, Splitwise covers Bill splitting.
  • Prices and features above were last checked on 30 August 2026.

Where they differ

Only the attributes on which PocketGuard and Splitwise actually diverge.

Attributes where PocketGuard and Splitwise differ
AttributePocketGuardSplitwise
Starting price$6.25/monthFree
Pricing modelsubscriptionfreemium
Free tierNoYes
Founded20122011

Identical on both: platforms (Web, IOS, Android), user rating (Not yet rated), category (Personal Finance).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in PocketGuard

  • Real-time spending alerts
  • Budget tracking
  • Goal setting
  • Spending insights
  • Bank accounts
  • Credit cards

Only in Splitwise

  • Bill splitting
  • Expense tracking
  • Group management
  • Settlement tracking
  • Venmo
  • PayPal

Both cover

  • Web support
  • IOS support
  • Android support

What people use each for

The jobs each tool is most often brought in to do.

PocketGuard

  • Tracking spending and bills against a personal budgetnot Splitwise
  • Finding and cancelling recurring subscriptionsnot Splitwise

Splitwise

  • Splitting shared household bills between flatmatesnot PocketGuard
  • Tracking who owes what on a group tripnot PocketGuard
  • Settling up across currencies on the Pro plannot PocketGuard
  • Recording IOUs between friends over timenot PocketGuard

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

PocketGuard

  • No free plan, only 7-day free trial
  • Monthly subscription at $12.99/month costs $155.88 annually if not switched to annual billing
  • Lifetime plan at $149.99 is relatively expensive for personal finance software

Splitwise

  • The free tier limits how many expenses can be added in a day and shows adverts
  • Transaction import works in the United States only
  • Currency conversion, receipt scanning, charts and expense search are all Pro features
  • The Pro price is not shown on the product page

Pricing, plan by plan

PocketGuard

$6.25/month
  • Premium - Monthly$12.99/month
    • Budgeting tools
    • Expense tracking
    • Unlimited bank accounts
  • Premium - Annual$6.25/month
    • Same as monthly
    • $74.99 annual charge saves $81/year
  • Lifetime$149.99/one-time
    • All features
    • No recurring fees
    • Lifetime access

Splitwise

Free
  • FreeFree
    • Bill splitting
    • Group tracking
    • Mobile app
  • Splitwise Pro$4.99/month
    • Receipt scanning
    • Advanced analytics
    • No ads

Which should you pick?

Choose PocketGuard if

  • You need real-time spending alerts.
  • You work on Web, IOS, Android.
  • You also want budget tracking.
PocketGuard review

Choose Splitwise if

  • You need bill splitting.
  • You want to start without paying.
  • You work on Web, IOS, Android.
  • You also want expense tracking.
Splitwise review

Questions people ask

Is PocketGuard or Splitwise better?
Neither clearly leads. PocketGuard starts at $6.25/month and Splitwise at Free, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, PocketGuard or Splitwise?
Splitwise has a free tier; the other does not. Paid plans start at $6.25/month for PocketGuard and Free for Splitwise.
Does PocketGuard or Splitwise run on more platforms?
Both run on Web, IOS, Android, so platform support will not decide this one for you.
Can I use Splitwise for free?
Yes. Splitwise has a free tier, so you can try it without paying. PocketGuard starts at $6.25/month.
What is PocketGuard best used for?
PocketGuard is most often used for tracking spending and bills against a personal budget, finding and cancelling recurring subscriptions. Of those, tracking spending and bills against a personal budget and finding and cancelling recurring subscriptions are not what Splitwise is typically brought in for.
What can PocketGuard do that Splitwise cannot?
PocketGuard covers Real-time spending alerts, Budget tracking, Goal setting, Spending insights. Splitwise covers Bill splitting, Expense tracking, Group management, Settlement tracking. Both handle Web support, IOS support, Android support.

Answered from the vendors’ own pages

PocketGuard: How much does PocketGuard cost?

PocketGuard Premium costs $12.99/month for monthly billing or $6.25/month when billed annually ($74.99/year). A one-time Lifetime plan is also available for $149.99.

Source
Splitwise: Is there a free version of Splitwise?

Yes, Splitwise offers a free version available for iPhone, Android, and web with core features including adding groups and friends, splitting expenses, recording debts, equal or unequal splits, offline mode, and cloud sync.

Source
PocketGuard: Does PocketGuard offer a free trial?

Yes, PocketGuard offers a 7-day free trial with full access to all features. No credit card is required to start the trial.

Source
Splitwise: What is Splitwise PRO and how much does it cost?

Splitwise PRO is an upgrade offering receipt scanning, charts and graphs, currency conversion, and additional features. The specific price is not published on the main website; users must visit the subscription page or access the app to view pricing details.

Source
PocketGuard: What is the annual savings with PocketGuard's yearly plan?

PocketGuard's annual plan costs $74.99/year ($6.25/month), saving $81 per year compared to paying $12.99 monthly ($155.88/year).

Source
Share

Related pages

More on PocketGuard

More on Splitwise

Keep looking

Other head to heads