Software · head to head
Splitwise vs Wally
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; Wally the Internet Archive's capture of wally.me on 2 January 2019 stated the app is free ('Control your money seamlessly. And, it's free.'), and claimed rankings as the #1 finance app in 22 countries and top 10 in 52 countries at that time.
- They diverge on capability: Splitwise covers Bill splitting, Wally covers Receipt OCR scanning.
Where they differ
Only the attributes on which Splitwise and Wally actually diverge.
Identical on both: starting price (Free), pricing model (freemium), free tier (Yes), 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
- Group management
- Settlement tracking
- Venmo
- PayPal
- Web support
Only in Wally
- Receipt OCR scanning
- Receipt storage
- Category management
- Cloud storage
Both cover
- Expense tracking
- 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 Wally
- Tracking who owes what on a group tripnot Wally
- Settling up across currencies on the Pro plannot Wally
- Recording IOUs between friends over timenot Wally
Wally
- Budget Managementnot Splitwise
- Expense Trackingnot Splitwise
- Investment Trackingnot 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
Wally
- The Internet Archive's capture of wally.me on 2 January 2019 stated the app is free ('Control your money seamlessly. And, it's free.'), and claimed rankings as the #1 finance app in 22 countries and top 10 in 52 countries at that time.
Pricing, plan by plan
Splitwise
Free- FreeFree
- Bill splitting
- Group tracking
- Mobile app
- Splitwise Pro$4.99/month
- Receipt scanning
- Advanced analytics
- No ads
Wally
Free- FreeFree
- Receipt scanning
- Expense tracking
- Basic reports
- Premium$9.99/month
- Advanced analytics
- Unlimited storage
- Cloud sync
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 group management.
Choose Wally if
- You need receipt ocr scanning.
- You want to start without paying.
- You work on IOS, Android.
- You also want receipt storage.
Questions people ask
- Is Splitwise or Wally better?
- Neither clearly leads. Splitwise starts at Free and Wally at Free, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
- Which is cheaper, Splitwise or Wally?
- Splitwise starts at Free and Wally at Free.
- Does Splitwise or Wally run on more platforms?
- Splitwise runs on Web, IOS, Android. Wally runs on IOS, Android.
- 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 Wally is typically brought in for.
- What can Splitwise do that Wally cannot?
- Splitwise covers Bill splitting, Group management, Settlement tracking, Venmo. Wally covers Receipt OCR scanning, Receipt storage, Category management, Cloud storage. Both handle Expense tracking, IOS support, Android support.