Switch - Shockingly simple group payments Switch - Shockingly simple group payments

Campus Internship

How to Split Costs with Friends Using a Cost Splitting App: The Ultimate Guide

October 24, 2023

A close-up of a computer screen displaying a coding programming editor.

How to Split Costs with Friends Using a Cost Splitting App

Are you tired of the hassle and awkwardness of splitting costs with your friends? Using a cost splitting app can make the process much easier and more convenient. In this blog post, we'll show you how to best accomplish this task using a cost splitting app. Whether you're planning a group trip, organizing a club event, or simply splitting the bill at a dinner, these tips will help you navigate the world of cost splitting apps.

1. Choose the Right Cost Splitting App

The first step in splitting costs with friends is to choose the right cost splitting app. Look for apps that offer features such as the ability to create pitches or disposable groups, transparent money management, and virtual debit cards. Switch is a popular cost splitting app that offers all of these features and more. It's designed for ultimate transparency and shared social accountability, making it a great choice for any cost splitting needs.

2. Set Up a Pitch

Once you've chosen a cost splitting app, the next step is to set up a pitch. A pitch is a disposable group where you can manage shared money in real-time. Create a pitch for your specific purpose, such as a group trip or a club event. This will allow you to easily track who has paid and who still needs to contribute.

3. Invite Friends to Join

After setting up a pitch, invite your friends to join. Most cost splitting apps allow you to send invitations via SMS or email. Make sure to include all the necessary details, such as the purpose of the pitch and the amount each person needs to contribute.

4. Collect Contributions

Once your friends have joined the pitch, it's time to collect contributions. Cost splitting apps typically offer multiple payment options, such as Apple/Google Pay or card payment. Choose the option that works best for you and your friends.

5. Keep Track of Payments

As contributions start coming in, it's important to keep track of payments. The cost splitting app will provide you with a clear overview of who has paid and who still needs to contribute. This eliminates the need for manual tracking and ensures transparency for everyone involved.

6. Communicate and Stay Organized

Throughout the process, it's important to communicate and stay organized. Cost splitting apps often offer chat functionality, allowing you to have conversations about shared expenses. Take advantage of this feature to ensure everyone is on the same page and to avoid any misunderstandings.

7. Enjoy the Benefits of Cost Splitting

Once all the contributions are collected, you and your friends can enjoy the benefits of cost splitting. Whether it's a memorable group trip or a successful club event, cost splitting apps make it easier than ever to share expenses and create incredible experiences together.

An Easier Way to Split Costs with Friends

Splitting costs with friends doesn't have to be a hassle. By using a cost splitting app like Switch, you can remove the stress and awkwardness from the process. With its intuitive design and user-friendly features, Switch empowers groups to manage their money, govern their relationships, and share their lives. Say goodbye to fronting money and tracking IOUs on multiple platforms, and start enjoying the benefits of cost splitting with Switch.

Get the App

Get started in


Switch is a financial technology company and is not a bank. Banking services provided by Thread Bank; Member FDIC. The Switch Visa® Debit Card is issued by Thread Bank pursuant to a license from Visa U.S.A. Inc. and may be used anywhere Visa debit cards are accepted.

© 2023 Grink Inc.