Software · head to head
Splitwise vs EveryDollar
The short version
- Each has a real cost: Splitwise the free tier limits how many expenses can be added in a day and shows adverts; EveryDollar the free version has no bank connection, so every transaction is entered by hand
- They diverge on capability: Splitwise covers Bill splitting, EveryDollar covers Zero-based budgeting.
Where they differ
Only the attributes on which Splitwise and EveryDollar actually diverge.
| Attribute | Splitwise | EveryDollar |
|---|---|---|
| Founded | 2011 | 2014 |
Identical on both: starting price (Free), pricing model (freemium), free tier (Yes), platforms (Web, IOS, Android), user rating (Not yet rated), category (Unknown).
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 Splitwise
- Bill splitting
- Expense tracking
- Group management
- Settlement tracking
- Venmo
- PayPal
Only in EveryDollar
- Zero-based budgeting
- Transaction tracking
- Budget planning
- Financial insights
- Bank accounts
Both cover
- Web support
- IOS support
- Android support
What people use each for
The jobs each tool is most often brought in to do.
Splitwise
- Splitting shared household bills between flatmatesnot EveryDollar
- Tracking who owes what on a group tripnot EveryDollar
- Settling up across currencies on the Pro plannot EveryDollar
- Recording IOUs between friends over timenot EveryDollar
EveryDollar
- Zero based monthly budgeting using the Ramsey methodnot Splitwise
- Tracking bills and sinking funds by categorynot Splitwise
- Automatically importing bank transactions into a budget on Premiumnot Splitwise
Where each one falls short
Documented limitations, not opinions. Every one is a constraint you would hit in normal use.
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
EveryDollar
- The free version has no bank connection, so every transaction is entered by hand
- CSV export of budget data is Premium only
- Spending reports and historical comparisons are Premium only
- Premium costs $17.99 per month billed monthly, and the $6.67 headline rate requires paying $79.99 for a year up front
- The free trial lasts 14 days and is limited to new users
Pricing, plan by plan
Splitwise
Free- FreeFree
- Bill splitting
- Group tracking
- Mobile app
- Splitwise Pro$4.99/month
- Receipt scanning
- Advanced analytics
- No ads
EveryDollar
Free- FreeFree
- Manual budget entry
- Plus$14.99/month
- Bank sync
- Mobile app
- Transaction tracking
Which should you pick?
Choose Splitwise if
- You need bill splitting.
- You want to start without paying.
- You work on Web, IOS, Android.
- You also want expense tracking.
Choose EveryDollar if
- You need zero-based budgeting.
- You want to start without paying.
- You work on Web, IOS, Android.
- You also want transaction tracking.
Questions people ask
- Is Splitwise or EveryDollar better?
- Neither clearly leads. Splitwise starts at Free and EveryDollar at Free, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
- Which is cheaper, Splitwise or EveryDollar?
- Splitwise starts at Free and EveryDollar at Free.
- Does Splitwise or EveryDollar 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?
- Both have a free tier, so you can try either at no cost before committing.
- What is Splitwise best used for?
- Splitwise is most often used for splitting shared household bills between flatmates, tracking who owes what on a group trip, settling up across currencies on the pro plan, recording ious between friends over time. Of those, splitting shared household bills between flatmates and tracking who owes what on a group trip are not what EveryDollar is typically brought in for.
- What can Splitwise do that EveryDollar cannot?
- Splitwise covers Bill splitting, Expense tracking, Group management, Settlement tracking. EveryDollar covers Zero-based budgeting, Transaction tracking, Budget planning, Financial insights. Both handle Web support, IOS support, Android support.