Shopify Balance
- $0 monthly fees or minimum balance3
- $0 transfer fees3
- 3.16% or higher APY reward with no limits1
- Get paid as fast as the next business day2
- Quick and easy online application
Shopify Balance is the all-in-one financial account built to support your business. Spend, save, transfer, receive, and earn with ease.
Earn APY rewards on every dollar in your Balance account1
Get payouts as fast as the next business day2
Skip the monthly and transfer fees, and minimum balance3
Organize your finances with up to 6 free accounts
Shopify partners with Stripe Payments Company for money transmission services and account services with funds held at Evolve Bank & Trust and Fifth Third Bank, Members FDIC. Shopify Balance Visa® Commercial Credit cards are powered by Stripe and issued by Celtic Bank pursuant to a license from Visa U.S.A. Inc.
Balance has features and rewards designed to help your business stay ahead.
Receive store payouts up to 7 days faster than a bank.2
Easily set aside sales tax and sync accounting software.
No monthly or transfer fees, and no minimum balance.3
APY Rewards
All the money in your Balance account earns an annual percentage yield (APY)* reward that compounds over time‚ no minimum or maximum limits on your account balance.
3.16%
Basic, Shopify, and Advanced plans
4.2%
Plus plan
The calculator is for illustrative purposes only. It assumes no rate changes and that your account balance at year 1 and all APY accrued remains in Shopify Balance.
*Shopify provides a reward in the form of an annual percentage yield (APY) on the money you hold in Shopify Balance, and it is not interest. The rate is variable, subject to change without notice, and accurate as of December 10, 2024. The reward accrues daily, and is compounded and paid monthly in the form of a credit to your Balance account.
Organize your earnings, spending, savings, sales tax, and more—all in one place.
Deposit and withdraw funds, transfer money between accounts, and pay business expenses.
Get a comprehensive view of your business finances with dashboards, filters, and reports right in your admin.
“Before Shopify Balance, my finances were all over the place. Shopify Balance helps streamline everything and keep my finances organized.”
Trust your finances to the same partner that helps your business thrive.
Your Balance account is eligible for pass-through FDIC insurance up to $250,000.4
Lock and unlock your cards from your admin or the Shopify mobile app.
Reach out to our support team via live chat 24/7.
Use your Balance Visa® card for everyday purchases—in person or online.
Get 2% cashback on business must-haves and exclusive partner perks you can’t say “no” to.5
Receive a virtual card instantly and order a free physical card customized with your business name.
Pay bills, make business purchases, and withdraw cash at thousands of ATMs worldwide.3
Balance adds even more value to your business when you’re on Shopify Plus.
All your funds in Balance—including deposits—earn a reward of 4.2% annual percentage yield.1
Access store profits in one business day by default, so you can start earning or spending ASAP.2
Get daily transfer limits customized to your business, up to $1,000,000.7
Learn how to manage your Shopify Balance account, card, and mobile app.
Here's how to get the most value out of your built-in finance suite.
Get expert tips on streamlining money management for your business.
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