If you have ever lived with roommates away from your family, you likely understand that managing shared expenses can be quite challenging. There are various methods to allocate costs and bills among housemates, such as using a notebook or an Excel spreadsheet. However, these approaches often lead to overlooked expenses, and miscalculations, and can be very time-consuming. A more efficient solution is to utilize bill-splitting applications to manage and monitor payments. We have compiled a list of the 10 best free and paid bill-sharing apps for both Android and iOS devices that can assist you in tracking and sharing expenses. Before we delve into the list, let’s explore why these apps are the most effective way to manage personal or group finances.
Who will benefit from Bill Splitting Apps?
- If you live with roommates in a PG, Hostel, or Shared Apartment, these apps can be used to keep track of shared expenses.
- If you often go on trips and vacations with office or college friends, the bill-splitting app comes in handy.
- Family members who want to share or keep track of household expenses can use these apps to track monthly expenditures.
- Couples can use bill-splitting apps to keep track of shared expenses like dining, outings, travel, groceries, and more.
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Advantages of Bill Splitting Apps

- One of the main advantages of using these apps is to quickly record expenses. You don’t have to spend hours to calculate or write expenses down. Just enter the amount and you are good to go.
- These apps come with a categorization feature so you can quickly see how much you have spent on food, travel, clothing, restaurants, and so on.
- The problem of wrong calculation of expenses can result in disputes. With these apps, you don’t have to worry about calculation errors.
- Sharing bills and expenses using these apps is very easy. Once an expense is recorded, it can be quickly shared with friends or family members.
- An expense tracker allows you to keep a record of how much everyone owes and also notify your friend that he/she owes you this much money. When payment is made, you can make it as paid.
- Settling expenses has gotten much faster with these apps. Checking how much someone owes you or how much you owe someone and then quick payback from the app itself takes seconds.
Top Bill-Splitting Apps for Android/iOS Users in India
1. Splitwise

Splitwise is an excellent application for managing shared household expenses among roommates. It maintains an ongoing record of debts, making it simple to track who owes what and when payments are made. Compatible with both Android and iOS devices, users can create groups to manage shared costs effectively. The app facilitates even bill splitting and assists in calculating uneven splits as well. Its user-friendly interface supports over seven languages and more than 100 currencies. Additionally, it offers payment integration for seamless transactions, along with features such as expense categorization, CSV export, debt simplification, recurring expense tracking, and cloud synchronization.
2. Splid

Splid is a specialized application designed for splitting trip expenses, making it an essential tool for managing and distributing costs during vacations, outings, or trips with friends and family. Its user-friendly interface simplifies budgeting; users simply enter their trip information, and the app handles the calculations. Expenses can be organized into categories, and the app supports over 150 currencies, allowing for seamless conversion of foreign expenses to local currency. Transactions can be recorded offline and will automatically sync to the cloud once the device is online. Users can also download comprehensive summaries of group expenses in both PDF and Excel formats. While Splid is available for free, a subscription to Splendid Plus, priced at Rs. 239, is required for creating unlimited groups and sharing features.
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3. Paytm

Paytm is a widely recognized platform for making payments and splitting bills. With over 350 million downloads and active users, it provides a user-friendly interface for money transfers, bill payments, financial management, and online shopping. The app supports UPI payments and features a “Split” option, enabling users to divide expenses with friends either equally or based on individual contributions. This functionality is particularly useful for managing shared costs, as the app automatically allocates expenses and sends payment requests to other participants, facilitating quick bill settlements.
4. Google Pay/ Gpay

Google Pay, similar to Paytm, serves as a digital payment and expense-sharing platform that facilitates in-app purchases and tap-to-buy transactions on mobile devices. Created by Google, it enables users to reimburse friends, divide bills, and redeem rewards without relying on the Google Pay Wallet. With Google Pay, users can form groups with roommates or friends to quickly share expenses. The application also supports bill payments and payment splitting. Additionally, it features a chat function that keeps a record of all payment histories, requests, and bill divisions for easy future access. The app is entirely free to use.
5. Venmo

Venmo, a widely used payment and bill-splitting application developed by PayPal, is particularly beneficial for roommates, friends, and family members looking to share expenses. The app seamlessly combines payment processing with expense sharing, making it easy to divide bills. Whether for recurring costs or one-time payments, users can quickly share expenses with friends for prompt reimbursement. Additionally, Venmo features a social feed that allows users to view what their friends are paying for. With over 83 million users globally, the app includes a built-in calculator and sharing algorithm to determine what each person owes in various scenarios. Venmo is free to download and use, with no advertisements or in-app purchases; however, it does impose a 3% fee on credit card transactions.
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6. Tricount

Tricount is a collaborative application designed for splitting expenses among roommates and partners. It offers a user-friendly and intuitive interface, making it easy for individuals to manage their finances while on the move. Whether you’re traveling or shopping, you can effortlessly monitor all household expenses. Simply create a group and input your expenses, and the app will automatically calculate the final amounts, streamlining the process of sharing costs. The app includes features such as multi-currency support, expense categorization, data export options, and offline functionality. It operates on a subscription model, with pricing that varies based on the number of group members.
7. SettleUp

SettleUp is an excellent application designed for couples and roommates. It assists in monitoring shared expenses and calculating how much each individual currently owes. The app enables users to schedule payments, facilitating the automatic splitting of bills each month. You can create a group and invite all your classmates into a single collective. Whenever an expense is added, a notification is sent to all group members. The app features informative graphs and analytics that help users track group household expenses on a daily, weekly, and monthly basis. Additionally, it allows for the recording of transfers and other reimbursable costs, providing a comprehensive financial management experience. The free version includes advertisements, but for an ad-free experience, the premium version is available for Rs. 119 per month.
8. Group Xpense

Group Xpense is an expense-sharing application that includes all essential features required for effective bill splitting. Users can create groups to share payments or bills, even in low internet connectivity situations. As you input expenses over time, the app assists in monitoring your spending. You can access your logs and track expenses through the website, and the app is compatible with both Android and iOS devices.
9. Splitkaro

Splitkaro enables users to efficiently manage shared finances and divide expenses among friends, roommates, and travel groups. Available in both India and the USA, this app stands out as a top choice for monitoring travel costs, splitting bills, and tracking expenditures. It simplifies bill sharing during group outings and provides timely payment reminders to prevent delays. Users can analyze spending patterns through visual graphs and refer friends, allowing both parties to earn coins that can be redeemed for subscriptions, gifts, and additional rewards. Priority bills receive expedited attention with intelligent reminders, and users can quickly locate specific transactions within seconds. Integration with UPI payment systems such as PhonePe, Gpay, and Paytm is also supported.
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10. MemoGo

MemoGo enables users to monitor group expenses, facilitating fair splits among roommates and friends while assisting in itinerary planning. The application categorizes shared costs, ensuring that all group members are aware of their financial obligations. It maintains a precise record with a comprehensive history and spending tracker for enhanced transparency. Users can input transactions in various currencies, allowing for automatic adjustments based on exchange rates, and the overall balance is computed to provide a smooth experience across different countries. This tool is perfect for roommates, couples, travel groups, and family members.
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