Software · head to head
Splitwise vs Fidelity
The short version
- Only Splitwise has a free tier, so it costs nothing to try first.
- Each has a real cost: Splitwise the free tier limits how many expenses can be added in a day and shows adverts; Fidelity options trades carry a 0.65 USD per contract fee on top of zero commission
- They diverge on capability: Splitwise covers Bill splitting, Fidelity covers Commission-free trading.
Where they differ
Only the attributes on which Splitwise and Fidelity actually diverge.
Identical on both: 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 Fidelity
- Commission-free trading
- Retirement planning
- Advisory services
- Research tools
- Bank accounts
- Investment 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 Fidelity
- Tracking who owes what on a group tripnot Fidelity
- Settling up across currencies on the Pro plannot Fidelity
- Recording IOUs between friends over timenot Fidelity
Fidelity
- Commission free trading of US stocks and ETFsnot Splitwise
- Holding IRAs, 401(k) plans and taxable brokerage accountsnot Splitwise
- Trading bonds, options and mutual funds from one accountnot 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
Fidelity
- Options trades carry a 0.65 USD per contract fee on top of zero commission
- Non Fidelity mutual funds carry a 49.95 USD transaction fee per purchase
- Secondary market bonds cost 1.00 USD per bond, while new issues are free
- A foreign settlement fee of 50 USD applies per trade
- Margin rates are tiered by debit balance, from 11.825 percent below 25,000 USD down to 7.50 percent at 1 million USD or more, against a base rate of 10.575 percent effective 12 December 2025
- Margin liquidation by the broker costs 32.95 USD per liquidation
Pricing, plan by plan
Splitwise
Free- FreeFree
- Bill splitting
- Group tracking
- Mobile app
- Splitwise Pro$4.99/month
- Receipt scanning
- Advanced analytics
- No ads
Fidelity
On request- Brokerage$undefined/month
- Commission-free trading
- Research tools
- Advisory$undefined/month
- Personal advisor
- Wealth management
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 Fidelity if
- You need commission-free trading.
- You work on Web, IOS, Android.
- You also want retirement planning.
Questions people ask
- Is Splitwise or Fidelity better?
- Neither clearly leads. Splitwise starts at Free and Fidelity at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
- Which is cheaper, Splitwise or Fidelity?
- Splitwise has a free tier; the other does not. Paid plans start at Free for Splitwise and On request for Fidelity.
- Does Splitwise or Fidelity 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. Fidelity starts at On request.
- 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 Fidelity is typically brought in for.
- What can Splitwise do that Fidelity cannot?
- Splitwise covers Bill splitting, Expense tracking, Group management, Settlement tracking. Fidelity covers Commission-free trading, Retirement planning, Advisory services, Research tools. Both handle Web support, IOS support, Android support.