Free vs Premium Features

Written By Bradley Bernard

Last updated 4 months ago

SplitMyExpenses offers a generous free tier that covers basic expense splitting. Premium adds advanced features for power users who want automation and deeper integrations.

Quick Comparison

Feature

Free

Premium

Create expenses

Unlimited

Unlimited

Create groups

Unlimited

Unlimited

Add friends

Unlimited

Unlimited

Settle up & payments

Yes

Yes

Itemized expenses

Yes

Yes

Equal/Percentage splits

Yes

Yes

Simplified debts

Yes

Yes

Export data

Yes

Yes

Mobile apps

Yes

Yes

Default splits

No

Yes

AI receipt scanning

No

Unlimited

AI categorization

No

Yes

Bank account syncing

No

Full sync

Recurring expenses

Up to 10

Up to 100

What's Free

The free tier gives you everything you need to split expenses with friends and groups:

  • Unlimited expenses - No cap on how many expenses you can create

  • Unlimited groups and friends - No restrictions on how many you can add

  • Multiple split types - Equal, percentage, exact amounts, and itemized

  • Settle up - Record payments via cash, Venmo, Cash App, Zelle, etc.

  • Data export - Download your expense history as CSV

  • Mobile apps - Full access on iOS and Android

  • Simplified debts - Minimize the number of payments needed

  • Recurring expenses - Up to 10 recurring expenses

For most casual users splitting occasional dinners or trips, free covers everything.

What Premium Adds

Premium is designed for users who split expenses frequently and want to save time:

Default Splits

Set your preferred split ratios once, and every new expense automatically uses them. Essential for couples or roommates with consistent arrangements.

AI Receipt Scanning

Take a photo of a receipt and AI extracts all the details—total, line items, and suggested splits. Huge time saver for itemized expenses.

AI Categorization

Get intelligent category suggestions when creating expenses. No more manually selecting "Food" for every restaurant.

Bank Account Syncing

Connect your bank accounts and credit cards to import transactions automatically. Your spending appears in SplitMyExpenses without manual entry. This is a premium-only feature.

Recurring Expenses

Set up more recurring expenses (up to 100) that repeat weekly, monthly, or on a custom schedule. Perfect for rent, utilities, and subscriptions. Free users get up to 10.

Who Should Upgrade?

Premium makes sense if you:

  • Split expenses weekly or more often

  • Always use the same split ratios

  • Have lots of receipts to process

  • Want expenses imported from your bank automatically

  • Manage many groups or large friend lists

Free is fine if you:

  • Split expenses occasionally

  • Don't mind manual entry

  • Have simple equal splits

  • Only track expenses with a few people

How to Upgrade

  1. Go to Settings → Billing

  2. Choose your plan

  3. Complete payment through Stripe

  4. Premium features activate immediately

You can cancel anytime and keep access until your billing period ends.

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