Shopify Balance

Your business financial account

All-in-one financial management, faster payouts, and zero fees.1 Open your account in minutes—FREE.

Shopify partners with Stripe, Inc. and affiliated companies, and financial institution partners, including Evolve Bank & Trust, Member FDIC, and Celtic Bank, to offer money transmission, banking, and issuing services, respectively.

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Meet Shopify Balance

The free business financial account built right into your Shopify admin.

Earn 3.86% annually

A woman with short hair wearing an orange shirt smiles while looking at her Shopify Balance account on her mobile device.
An open laptop on a white desk displays the dashboard of a merchant’s Shopify Balance account.
A merchant’s right hand touches a mobile device on a striped desk. The device displays the digital card of a Shopify Balance account.
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2 This is a reward provided by Shopify and is not interest. The rate is variable, subject to change without notice, and accurate as of February 23, 2024. The reward accrues daily, and is compounded and paid monthly in the form of a credit to your Balance account.

Not a bank account. Better.

Streamline business finances and make better money moves.

Skip the fees

No monthly, transfer, or ATM fees.1 Plus, no minimum balance required.

Get paid faster

Receive money from your Shopify sales up to 7 days earlier than a bank.3

Make money on your money

Put more money into your business with a 3.86% APY on any account balance.2

Stay on top of your finances

Open up to 5 extra accounts to organize funds—from bills and taxes to inventory and more.

Simplify taxes

Automatically set aside sales tax and sync transactions to your favorite accounting software.

Earn cashback on spending

Get a free spending card and earn cashback on eligible purchases.4

Earn more with Balance

Turn idle cash into extra earnings with 3.86% APY. Your money grows in Balance every month and compounds over time—no minimum or maximum limits on your account balance.

Earnings over time

5 years$0.00USD
4 years$0.00USD
3 years$0.00USD
2 years$0.00USD
1 year$0.00USD

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.

A mobile device on a wooden desk displays a Shopify Balance account balance, recent transactions, and a button that reads, “Move money.” Pink glasses, a wallet with US currency, and a green glass surround the phone on the desk.

Get the Shopify Balance mobile app

Manage your finances, wherever your business takes you.

  • Transfer money
  • Check your balance
  • View transaction history
  • And so much more
Download Shopify Balance mobile app on the iOS Apple storeDownload Shopify Balance mobile app on the Google play store

Safeguard your money

Your Balance account is eligible for FDIC insurance up to $250,000.5

Manage your spending card

Protect your money at all times. Lock and unlock your card right from your admin.

Support you need, when you need it

Reach out to our support team via live chat 24/7.

Set up Balance
A black Shopify Balance VISA card

Spend your money, your way

Use your spending card for everyday business purchases, in-store or online.

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Get a custom card for your business

Receive a virtual card instantly and order a free physical card customized with your business name.

Use your card wherever Visa® is accepted

Pay bills, make business purchases, and withdraw cash at thousands of ATMs worldwide.1

Take advantage of Visa® benefits

Enjoy exclusive Visa® benefits, including rental car collision damage, travel and emergency assistance, and more.

Set up Balance

Earn rewards that matter

2% cashback on business must-haves

No points to redeem, just real money to earn. Your rewards never go to waste with automatic cashback on eligible business purchases.4

Exclusive partner perks you can’t say “no” to

Unlock exclusive offers from Google, Snapchat, and other industry-leading partners to run and promote your business.

The body of a person stands in front of a yellow bicycle. He holds a drink and a black Shopify Balance card in his left hand.

Get more with Shopify Balance

Shopify Balance

  • No monthly, account, or transfer fees1
  • No minimum balance
  • $0 ATM fees charged by Shopify1
  • Skip the paperwork and sign up online in minutes
  • Get paid as fast as the next business day3
  • Automatically set aside sales tax
  • Manage your money and business from one place
  • Earn up to $2,000 cashback every year

Traditional Banks6

  • $10+ average monthly fees
  • Up to $5,000 minimum balance
  • Up to $5 ATM, plus ATM provider fees
  • In-person application that can take weeks to approve
  • Payments may take up to 7 more business days3
  • Complex tax integrations
  • Finances and business managed on multiple platforms
  • Limited or no rewards program available
  • Most business accounts are not built for ecommerce. With Shopify Balance, there are no fees which makes a huge difference.
  • Before Shopify Balance, my finances were all over the place. Shopify Balance helps streamline everything and keep my finances organized.
  • Spending for our business is so much easier.
Maranta Plant Shop
Michelle & MagOwners
Boba Bao Slimes
KristiOwner
Gay Pride Apparel
Sergio & JesusOwners
A leather wallet and black Shopify Balance card sit on a striped desk.

Shopify Balance

Easier. Faster. More rewarding.

Set up Balance

Don't have a Shopify store? Start your trial—free

Resources

A leather wallet and black Shopify Balance card sit on a white surface.

Get started with Shopify Balance

Learn how to manage your Shopify Balance account, card, and mobile app.

A laptop displaying a Shopify Balance dashboard is open on a dark desk. Colored bags sit on the desk on both sides of the laptop.

How to manage your business finances

Get expert tips on streamlining money management for your business.

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Get the support you need

Reach out to Shopify’s dedicated team by live chat, email, or phone whenever you need support with Shopify Balance.

Recommended for you

Shopify Bill Pay 

Easily pay, schedule, and manage expenses from the same platform you run your business—free.7

Shopify Credit 

Turn everyday business purchases to earn more cashback rewards with the pay in full card designed for entrepreneurs.8

Shopify Capital 

Apply for founder-friendly capital to power your business. Keep bestsellers in stock, amplify your marketing, and more.9

Frequently asked questions

Shopify Balance is not a bank account—it’s better. Balance is fully integrated with your store’s admin, giving you a robust commerce platform and the tools you need to manage your money where you make it. With Balance, you get paid faster and avoid traditional bank fees.
Shopify Balance is currently available to US merchants who use Shopify Payments. See all the requirements for opening a Balance account.
No. There are no monthly, transfer, or hidden fees. Additionally, Shopify doesn’t charge any ATM withdrawal fees.1
You can access the money you make through your Shopify store as fast as the next business day.3
Instantly move money between your Balance accounts without limits. Transfer funds in and out of Balance with your account and routing numbers, or connect to popular apps like PayPal, Venmo, and Cash App. Limits may apply.
No. You can earn on any account balance and withdraw funds at any time. There is no minimum balance required or limit to how much you can earn. The 3.86% APY is a reward available to Shopify merchants who use Balance and hold money in their account.
Yes. Deposits across all your Balance accounts are eligible for FDIC insurance up to $250,000 through Evolve Bank & Trust, Member FDIC.5
Yes. Earn 2% cashback on eligible Shopify business purchases made with your Balance card and get up to $2,000 in cashback per year. Plus, take advantage of exclusive offers from Google and other industry-leading partners. Learn more about Shopify Balance rewards.
  • Shopify partners with Stripe, Inc. and affiliated companies, and financial institution partners, including Evolve Bank & Trust, Member FDIC, and Celtic Bank, to offer money transmission, banking, and issuing services, respectively.
  • 1Shopify Balance has no monthly, transfer, or hidden fees. Shopify doesn’t charge any ATM withdrawal fees, but you may be charged by an ATM provider.
  • 2Shopify is providing a reward in the form of an annual percentage yield (APY) on the money you hold in Shopify Balance. The rate is variable, subject to change without notice, and accurate as of February 23, 2024. The reward accrues daily, and is compounded and paid monthly in the form of a credit to your Balance account. ACH transfer limits may apply.
  • 3Payouts from Shopify Payments to your Shopify Balance account can take between 1 to 3 business days. This may be up to 7 days earlier than a bank. Payouts from Shopify Payments to an external bank account can take up to 5 days. Banks may also take up to 3 additional days to process transfers. Time frames vary by financial institution.
  • 4Earn up to $2,000 USD cashback on all eligible purchases per calendar year. This cashback limit may not apply to Shopify Partner offers. Learn more
  • 5Shopify Balance accounts are eligible for FDIC insurance up to $250,000 USD per depositor through Evolve Bank & Trust, Member FDIC. Stripe Treasury Accounts are eligible for FDIC pass-through deposit insurance if they meet certain requirements. The accounts are eligible only to the extent pass-through insurance is permitted by the rules and regulations of the FDIC, and if the requirements for pass-through insurance are satisfied. The FDIC insurance applies up to 250,000 USD per depositor, per financial institution, for deposits held in the same type of account (business versus personal, and so on). Neither Stripe nor Shopify are an FDIC insured institution and the FDIC’s deposit insurance coverage only protects against the failure of an FDIC insured depository institution.
  • 6Traditional bank accounts are comprised of publicly available data from select business bank accounts of the top three (3) largest US banks by assets.
  • 7Shopify Bill Pay has no subscription fees. Other transaction fees may apply.
  • 8Shopify partners with Stripe Payments Company and Celtic Bank for Shopify Credit. Card products are issued by Celtic Bank and are subject to credit approval.
  • 9All loans in the US through Shopify Capital are issued by WebBank.