Splitting Expenses is Easy with These 4 iOS Apps

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Top 4 Bill Sharing and IOU Tracking Apps for iPhone and iPad

If you have an iPhone or iPod Touch and you have roommates, friends or colleagues with whom you often need to split expenses with, you'll want to download one of these apps. All of these apps split bills for you automatically (some do uneven splits when needed) and then they track who has paid and who hasn't, and you can have IOU reminders sent out directly from the app to get a friend to pay up. Some of the apps have an online bill sharing app as an added convenience.

Here are my picks for apps that help you share bills:


Splitwise for iOS Splits Bills

Splitwise is a great app for sharing rent, utilities and other bills with roommates, to keep a reminder if you pick up the tab for a meal when others promise to pay you back for their portion, or to share any kind of group expense.

Use the app along with the online app at splitwise.com to track IOUs, send email reminders to those who owe you a repayment and to see balances. You can also split bills with Android users, but the Android app does not have identical features.

The Splitwise iOS app is nicely laid out with easy to read numbers and group member names. Icons show alongside different types of expenses, and you can delete a friend from a split bill once they pay up to really keep the screen clean.

Splitwise is available in over a dozen languages.

Cost: Free
iOS Compatibility: iPhone, iPod touch, iPad / iOS 5.0 or later / Optimized for iPhone 5
Download iTunes app store:Splitwise

SpotMe Payments for iOS

SpotMe is a great looking, colorful iOS app that goes social with Facebook optimization and free group messaging. Split bills at restaurants, with roommates and others, then track balances to ensure that you get paid back.

You can track group balances and individual IOUs, split bills evenly or create custom splits and send reminders to those who still owe you money. SpotMe has weekly and daily summary reports and you can add notes, photos and descriptions to expenses and payments.

Use Currency Plus via in-app purchase for .99 cents for multiple currency support.

Cost: Free
iOS Compatibility: iPhone, iPod touch, iPad / iOS 4.3 or later / Optimized for iPhone 5
Download iTunes app store:SpotMe Payments

BillPin for iOS is easy to use to split bills and then keep track of who has paid up, especially among Facebook friends. You can also let friends know what their share of the bill is via email. The app splits bills evenly, or can make adjustments if some of those who are sharing the expense need to pitch in more than others. The app present a summary along with a record of all shared expenses.

If you used Billmonk in the past, you'll want to try BillPin, which also offers a free Billmonk backup service.

BillPin supports 40 currencies, including BitCoin. The BillPin iOS app syncs with BillPin online expense sharing.

Cost: Free
iOS Compatibility: iPhone 3GS, 4, 4S, 5 / 5th generation iPod touch / iPad / iOS 5.0 or later / Optimized for iPhone 5
Download iTunes app store:BillPin

Settle Up! bill splitting and IOU track app for iOS costs a little more than others mentioned in this series, but some of the screens show more at-a-glance information that makes it worth two dollars.

This app is great for splitting the cost of family parties, rent and other bills with roommates or for when a group of coworkers pitch in for a gift.

Some of the hand features are sending a snapshot of bills to group members, multiple currency support and is available in 16 languages, summaries for each person that shows what they owe and what they've paid so far.

Settle Up works on your iPhone or other device locally, but has cloud sync in case you want to use it on multiple devices (there's also an Android app).

Cost: $2.99
iOS Compatibility: iPhone, iPod touch, iPad / iOS 5.0 or later / Optimized for iPhone 5
Download iTunes app store:Settle Up Group Expense Manager

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