CashWise vs GreekBill
GreekBill, now re:Members, collects your chapter's official dues. CashWise handles all the money that never touches the treasury, and each member's own budget too.
The short answer
GreekBill, rebranded as re:Members in January 2025, is official chapter-billing software: it invoices dues, offers payment plans, reports to national organizations, and collects real money, at roughly $18 per member per semester plus processing fees as of August 2026. CashWise does not do official dues billing and never holds funds, so it can't replace GreekBill for that job. What CashWise covers is everything around dues: splitting formals, tailgates, big/little gifts, and road trips through GroupVault, settling via Venmo, Cash App, or Zelle, plus each member's personal budget with bank sync and a live safe-to-spend number. Many chapters sensibly use both: GreekBill for official dues, CashWise for everything else.
First, a naming note: GreekBill rebranded to re:Members in January 2025, so if you're comparing options you'll see both names for the same platform. It remains the establishment choice for official fraternity and sorority billing. Chapters use it to invoice dues, set up payment plans, chase late payers, and give national organizations the financial reporting they require. It collects real money and it's built for that responsibility.
CashWise is a different tool for a different pile of money. It never bills official dues and never custodies funds. Instead, it covers the informal money that dominates actual Greek life: who fronted the formal deposit, who owes for the tailgate, how the road trip gas splits, and whether you personally can afford any of it. GroupVault tracks the shared ledger, settlements happen through Venmo, Cash App, or Zelle, and every member's personal budget lives in the same app.
| Feature | CashWise | GreekBill |
|---|---|---|
| Official chapter dues billing | No | Yes |
| Payment plans for official dues | No | Yes |
| National-organization reporting | No | Yes |
| Platform cost per member | Free to join GroupVaults | ~$18/member/semester (as of Aug 2026) |
| Processing fees on payments | None — settle in Venmo, Cash App, or Zelle | ~5.15% + 30¢ card, ~3% ACH (as of Aug 2026) |
| Informal event cost splitting | Yes | No |
| Personal budgeting + bank sync (Plaid) | 12,000+ institutions | No |
| Live safe-to-spend number | Yes | No |
| Settle up via Venmo / Cash App / Zelle | Yes | No |
| Free tier | Join GroupVaults & track payments free | No |
| Holds your money | Never — math only | Yes — collects and remits dues |
GreekBill, now re:Members, exists to invoice official chapter dues and actually collect the money. Automated billing, late-payment follow-up, and a treasurer dashboard built around receivables: this is infrastructure CashWise deliberately does not offer.
Dues are a big number for a college student. GreekBill lets chapters break them into installment plans and gives treasurers a clear view of who's current and who's behind, which matters when the chapter's budget depends on collection rates.
Many national fraternities and sororities mandate or endorse GreekBill-class software precisely because it standardizes reporting. Headquarters gets visibility into chapter finances, and that compliance layer is something an informal expense app can't and shouldn't replicate.
As of August 2026, GreekBill runs roughly $18 per member per semester, plus processing fees of about 5.15% + 30¢ on cards and around 3% on ACH. A 100-member chapter pays thousands per year before a single dollar of dues reaches the treasury. That's a defensible cost for official billing; it's a terrible deal for splitting a tailgate.
Nobody wants to route a $23 big/little gift or a formal pregame through official chapter billing software with processing fees attached. So that money ends up in group chats and half-remembered Venmo requests, invisible to any system. GreekBill was never designed for it.
GreekBill tells the treasurer who has paid. It tells the member nothing about whether they can afford this semester at all. There's no budget, no bank connection, no view of spending. The dues invoice arrives with zero context about the rest of a student's financial life.
Formals, tailgates, road trips, big/little week, composite deposits: GroupVault gives each of these a shared ledger that tracks who paid, splits the cost, and settles through Venmo, Cash App, or Zelle. No processing fees, because CashWise never touches the money.
CashWise Pro connects to a member's bank via Plaid (12,000+ institutions), computes a live safe-to-spend number, tracks subscriptions, and surfaces AI spending insights. Dues, rent, and social costs all land in one picture, which is exactly what most students in Greek life have never had.
Joining GroupVaults and tracking payments costs members nothing. And through the CashWise Partner Program, group leaders such as chapter officers and treasurers can get a full year of Pro free for organizing their chapter's informal money on CashWise.
Be honest about which problem you're solving. If your chapter needs to bill official dues, offer payment plans, and satisfy national-organization reporting, you need GreekBill-class software: re:Members itself or a direct competitor in chapter billing. CashWise is not that tool. It never invoices dues and never holds chapter funds, and pretending otherwise would be doing your treasurer a disservice.
But if the pain that sent you searching is everything else, the formal deposits fronted on one person's card, the tailgate math in the group chat, the members who have no idea where their own money goes, that's the job CashWise was built for. Keep GreekBill for official dues, run the informal money and every member's personal budget through CashWise, and both piles of money finally have a system.
No. GreekBill, now re:Members, is official billing software: it invoices dues, collects payments, and reports to national organizations. CashWise never bills dues and never holds money. It complements GreekBill by handling informal group expenses and each member's personal budget.
As of August 2026, GreekBill (re:Members) runs roughly $18 per member per semester, plus payment processing fees of about 5.15% + 30¢ on card payments and around 3% on ACH. Pricing can change, so confirm current rates with re:Members directly.
Yes, and that's the setup we'd recommend. GreekBill handles official dues, payment plans, and national reporting. CashWise handles the informal money around it: formals, tailgates, road trips, and gifts, plus a personal budget for every member. The two don't overlap.
Joining GroupVaults and tracking shared payments is free for everyone. CashWise Pro, which adds bank sync, the safe-to-spend number, AI insights, and creating GroupVaults, is $9.99/month, $4.99/week, or $78/year. Chapter officers who organize their group on CashWise can get a free year of Pro through the Partner Program.
Never. CashWise is a ledger, not a payment processor. It tracks who owes what and records settlements, while the actual money moves directly between members through Venmo, Cash App, or Zelle. That's also why there are no processing fees.
Join the CashWise early access and get personal budgeting plus group expense splitting in one place.
Competitor pricing and features referenced on this page are accurate to the best of our knowledge as of August 2026 and may change. Always confirm on the competitor's own site.