Voice Memos
Apple · Free, built in
It's already on your iPhone. On an iPhone 12 or later it writes a transcript as you record, in ten languages, and lights up each word as it plays back. It doesn't label speakers. For a summary you select the transcript and use Apple Intelligence's Writing Tools, which needs an iPhone 15 Pro or later. You can copy the text out; there's no subtitle or document export.
Suits: Recordings of just you, and anyone who would rather not add an app.
Whisper Notes
SmashMelon · £7.99 once
OpenAI's Whisper model, run on the iPhone, for a one-off £7.99. It labels speakers and lets you rename them, and its SRT and VTT exports keep the names. It transcribes after you stop recording, not while you record. The Mac version adds summaries and chat; the developer says these aren't on iPhone yet.
Suits: Interviews you will caption, on a budget, on iPhone and Mac.
Aiko
Sindre Sorhus · £25 once
£25 once for iPhone, iPad and Mac, with a 14-day trial through TestFlight. It runs Whisper on the device in 100 languages, and the listing is upfront about what it leaves out: no live transcription and no speaker detection. It exports SRT, plain text, CSV and JSON.
Suits: Plain, accurate transcripts in a lot of languages.
Viska: Local AI Meeting Notes
Kickstart Crew · £6.99 once
£6.99 once. Whisper writes the transcript, and a language model on the phone answers questions about it: ask for the action items and it answers from the transcript. It separates speakers and lets you rename them. Export is plain text for now, with PDF listed as coming. The developer recommends an iPhone 14 or newer.
Suits: The lowest price for speakers and a summary on the phone.
VoiceScriber AI: Offline Notes
SUPER NOVA AS · Free to download; £29.99 a year or £44.99 once
Free to download, then a subscription (£5.99 a week, £9.99 a month or £29.99 a year) or £44.99 for life. Since an update last year it transcribes while you record. It imports M4A, MP3 and WAV files and can print to PDF. It doesn't summarise, and the listing doesn't mention speaker labels.
Suits: Quick transcripts of your own voice notes.
Basil
TONSOR · Free to start; £9.99 a month or £99.99 a year
A live transcript, speaker labels, and summaries with action items and decisions, all made on the device, for iOS 26 on iPhone, iPad, Mac and Vision Pro. It's a subscription: on the App Store, Pro is £9.99 a month, £99.99 a year or £199 for life, and there's a dearer tier for lawyers. It exports Markdown, text, CSV and JSON.
Suits: One subscription across every Apple device you own.
Quern
Martin McDermid · Free for 30 days, then £19.99 once
The one I make. It writes the transcript as people speak and labels who's speaking. Apple Intelligence then writes a summary on the phone, grouped into what was decided, what's still open, and actions with the person who took each one on. Each point shows when it was said, so you can go and hear it. It exports Markdown, SRT and VTT with names, and PDF. It's iPhone only, and it needs an iPhone 15 Pro or later.
Suits: Meetings and interviews where you need to check who said what.