Phrases Expressions of Gratitude and Appreciation

I owe you one.

C1

Meaning

I am grateful for your help and will return the favor in the future.

Example sentences

John: 'Thanks for covering my shift.'<br>

Alice: 'I owe you one. Let me know if I can ever return the favor.'

John: 'No problem, I owe you one.'

Alice: 'That was incredibly helpful, John.'<br>